Technical analysis by Caramel0 about Symbol BTC: Buy recommendation (7/23/2025)
https://sahmeto.com/message/3656995

Caramel0
Rank: 16456
Analytical Power:
1.4
$BTC / Bitcoin Update - The Bitcoin Awakes? 7/23
Buy
Price at Publish Time:
$118,586.76
Profit Target:
(+3.89%)$123,200
Stop Loss Price:
(-2.18%)$116,000

Hello fellow gamblers, BTC price action has probably pissed off a lot of you, but I believe we are getting close to a breakout. If my theory is correct, we are forming a wyckoff re-accumulation pattern that will give us an explosive move towards ATH. - Right now will be a great buying opportunity for those with those that have nothing to lose(super risky entry), but I am suspecting that we formed a spring and the breakout happens next. - The pattern is still valid as long as we stay above 116k. - If we lose 116k, we will go towards 110k. - Levels to watch: 116.7k, 117.9k, 120.3k, 123.2k
Source Message: TradingView