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Technical analysis by Steffen_Schade about Symbol BTC: Buy recommendation (6/24/2025)

https://sahmeto.com/message/3603993
Steffen_Schade
Steffen_Schade
Rank: 902
2.8
Buy،Technical،Steffen_Schade

BTC tends to fluctuate in the short term, but as BTC builds a double bottom structure to support the rebound pattern, it is currently inclined to fluctuate upward. Although the upward momentum has weakened after reaching around 106,000, as long as it stays above the 105,300-104,800 area, BTC is still expected to continue to rise and may challenge the 108,000-109,000 area again.And with the collapse of the gold and oil markets, funds in the two markets may flow into BTC, which is more attractive and the mainstream market of cryptocurrencies. So as BTC retreats in the short term, BTC may have new short-term buying opportunities. Then if BTC retreats to the 105,500-104,500 area and does not fall below this area, we can consider going long on BTC at the right time.BTC rose above 108,000 as expected, and BTC long orders successfully hit TP

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$105,809.98
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