Technical analysis by Natasha512 about Symbol BTC: Buy recommendation (7/28/2025)

Natasha512
BTC Technical Analysis In Weekly Time Frame

Bitcoin (BTC) is currently trading within a parallel channel on the 1-week timeframe, consistently respecting the support and resistance zones. This movement is aligned with an uptrend. Additionally, a Bullish Fair Value Gap (FVG) has been identified, and the price has recently touched the zone. Trade Idea Given the observed bullish structure and the presence of the FVG, a continued bullish trend is anticipated. - Target: 152,000 Rationale The parallel channel and the respect for support and resistance levels suggest a strong trend. The Bullish FVG adds further evidence for potential upward movement. If the trend continues, Bitcoin could reach the specified target. Disclaimer This analysis is for educational purposes and should not be considered as investment advice. Always conduct your own research and consider multiple perspectives before making trading decisions.