Technical analysis by AndeWave about Symbol BTC: Buy recommendation (7/1/2025)

Bitcoin is within the range. Quite a bit of time has passed since the last retest, and the liquidity pool that has formed below 106345 may not allow the price to fall on the first attempt.Global and local trends are bullish. Enter a buy position after a false breakout of support and the formation of a local reversal pattern on TF m5-m15Scenario: if, after a false breakout, price consolidation forms above 106500, then the entry point could be a breakout of local highs (breakout of the structure - ‘bos’).target reached