Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (7/2/2025)

BTC remains in a retest phase after breaking out of the first descending broadening wedge.The price has returned to test the upper wedge trendline, which is now acting as support around ~$105,500.The purple 1 00-period MA (~105,570) overlaps this retest zone, adding additional confluence to the support.IchimokuBTC is inside a green cloud, indicating indecision but not a confirmed trend reversal.The cloud provides dynamic support in the ~$104,500–105,500 area.Stay alert!