Technical analysis by electron_ranger about Symbol BTC: Buy recommendation (7/18/2025)
https://sahmeto.com/message/3641735

electron_ranger
Rank: 886
Analytical Power:
2.7

See the trend lines and fib levels for your resistance and support levels. It's great that Bitcoin is breaking through the blue trend line on top. If it chops sideways here for a while at this level, this will serve as a strong new support level for bitcoin when it comes back down in Q4. I believe $130k is the lowest potential target for bitcoins ATH this cycle. Until that level is approaching, I'm ultra mega bullish and trading altcoins with leverage. USDT Dominance and BTC Dominance are in free fall right now so altcoins are pumping hard while bitcoin chills at the resistance levels.We want to see the weekly RSI break above the exact level its at right now to confirm the bullish continuation.
Translated from: English
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Signal Type: Buy
Time Frame:
1 weekProfit Target:
$130,946.62Stop Loss Price
$109,417.62Price at Publish Time:
$120,461.77