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

https://sahmeto.com/message/3613442
DEXWireNews
DEXWireNews
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Buy،Technical،DEXWireNews

The price of the first crypto currency ever created saw a noteworthy uptick to reclaim the $110k price point however, the move was short-lived as the asset retraced to $109k mark but present price chart depicts a move to the $115k resistant point in the short term. With the Relative strength index (RSI) at 63, Bitcoin might be inches away from claiming the $115k pivot amidst build up momentum and institutional adoption. further bullish metrics include the asset trading above the 50, 100 and 200-day Moving Averages (MA) respectfully.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$115,000
Price at Publish Time:
$109,726.23
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