Technical analysis by ColdSai about Symbol BTC: Buy recommendation (7/3/2025)

Over the past few months, I’ve been closely studying Bitcoin’s macro structure from June 2022 to June 2025, and I believe we’re witnessing a textbook example of Wyckoff theory unfolding in real time — not just once, but in multiple phases.🔍 Phase 1: Classic Wyckoff Accumulation (June 2022 – Oct 2023)Starting June 2022, BTC began forming a major bottoming structure.By November 2022, price made a lower low — but RSI (14) was making higher lows, a clear sign of bullish divergence.From there until October 2023, BTC moved sideways in a Wyckoff accumulation range.This was Phase A–E in classic Wyckoff terms:Selling Climax (SC)Secondary Test (ST)Spring (false breakdown)Last Point of Support (LPS)Sign of Strength (SOS)🚀 Phase 2: Markup with Re-Accumulations at Each LegAfter the October 2023 breakout, BTC has followed a highly structured rally with multiple consolidation phases and healthy corrections:✅ Breakout 1:From ~$31K to $48K → +53% moveFollowed by a ~20% pullback to ~$38K➜ This formed a re-accumulation phase, consolidating above prior resistance✅ Breakout 2:From $38K to $73K → +50% moveThen a deeper ~31% correction to ~$50K✅ Breakout 3:From $50K to $109K → +48% moveCurrent pullback to ~$74K → ~31% retracementNow trading near ATH region again🧠 Key ObservationIn this cycle, we’re seeing not only one accumulation at the bottom, but also clear Wyckoff Re-Accumulation zones forming after each breakout, especially after Breakouts 1 and 3.This suggests institutional accumulation continues during the trend, supporting the idea that:Pullbacks are for re-loading, not distributionTrend strength remains intact as long as prior re-accumulation lows hold🧭 What This Means for the Current CycleIf this structure continues, BTC may be preparing for another markup leg above $110KHistorical fractals from past bull markets (e.g., 2020–2021) show similar behaviorRSI structure and market rhythm continue to favor trend continuation, not exhaustion📌 ConclusionWe are likely in the mid-to-late phase of a well-structured bull market, supported by:Wyckoff Accumulation at the bottomRe-Accumulations after each breakoutHealthy 20–31% pullbacksRSI confirming internal strength🔔 Next levels to watch:Support: $74K, $88KResistance: $111K–$115KBreakout target (if pattern continues): $145K–$175K zone📢 Let me know what you think!Do you see similar Wyckoff structure?Drop your thoughts or charts below 👇#BTC #Bitcoin #Wyckoff #CryptoTA #TradingView #BTCAnalysis #Reaccumulation #RSI #BullMarket