Technical analysis by electron_ranger about Symbol BTC: Buy recommendation (7/22/2025)

This is what I'm seeing. Up, or down and then up. What do you think?The "up" pathway played out, breaking above the downward sloping trendline. However, there was not big volume on the breakout which was a dead giveaway that a bull trap was in play. At this point I would expect a small dip to $117k followed by a much larger one that should stop somewhere in the red box.Stopped at bottom of the box, $112k, the previous ATH. Bitcoin will bounce up hard from here if it confirms $112k as support.