Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (7/8/2025)

BTC is consolidating below the key resistance zone highlighted in red (~$109,000–$110,000).The price continues to form higher lows, showing bullish pressure despite rejection in the red zone.The structure resembles an ascending triangle, indicating a potential breakout.Upside Target: ~$113,500–$114,000 if the price moves above ~$110,000 with strong volumes.Support Zone: ~$106,000–$106,300 must hold to keep the bullish scenario intact.If the support breaks, the price could retest ~$102,000–$103,000.Small Insights: Repeated retests of resistance suggest that bulls are absorbing supply. A strong push above the red zone could trigger a short squeeze.Stay alert!