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

Continuing from the previous Bitcoin analysis: Bitcoin is trying to break the Handle upward. If successful, that means the Cup and Handle pattern is confirmed. Next, have to wait for Bitcoin to go up and finish the pattern. How far can Bitcoin rise? Let's see what happens.For confirmation, we can wait for USDT Dominnce to break the minor ascending channel downward.Have to wait for Bitcoin to break this inverted triangle pattern upward. Let's see what happens.So, USDT Dominance broke the minor ascending channel downward, and Bitcoin broke the inverted flat-triangle pattern upward. The only thing left for Bitcoin to do is to break the previous ATH (the blue line); then up it goes. Let's see what happens.So, Bitcoin broke the ATH (the blue line) and went up. Now, a minor correction in unfolding in a triangular pattern. Bitcoin needs to break out of this triangle for upward continuation. Let's see what happens.So, as it turned out, the minor correction was unfolding in a descending channel and also made a pullback on the broken ATH's blue line. Let's see when Bitcoin breaks this channel.So, another scenario for Bitcoin is an inverted wedge pattern. If this scenario occurs, it means Bitcoin could decline slightly further. Let's see what happens.So, as it turned out, the two scenarios were in play; a descending channel inside an inverted wedge pattern. Bitcoin is near the inverted wedge's upper line; correction is possible. Let's see what happens.So, it seems that Bitcoin is still oscillating in an inverted wedge pattern. Have to wait and see if the inverted wedge's bottom can hold and support Bitcoin. Let's see what happens.