Technical analysis by Caramel0 about Symbol BTC: Buy recommendation (7/6/2025)

Hello fellow degenerates,As we get ready for this new trading week, I am presenting to yall the 3 scenarios that I am looking for on Bitcoin.- For scenario 1, we need a break above 110.4k to target the 126k-122k range.- For scenario 2, we still need to complete our Wave 2, by retracing towards 103k. After that, we should see a reversal targeting 128k -123k- The last scenario is based on the idea that we're failing to breakout from the parallel channel we currently have. We could see price traveling towards 98k - 90k range if we have a strong rejection of 110k and a break of our support levels.- Levels to watch: 110.4k, 106.6k, 103.4k