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Technical analysis by HAMED_AZ about Symbol BTC: Buy recommendation (8/30/2025)

https://sahmeto.com/message/3742980
HAMED_AZ
HAMED_AZ
Rank: 55
3.9
Buy،Technical،HAMED_AZ

Hello Traders! 👋 What are your thoughts on BITCOIN? Bitcoin has entered a corrective phase after printing a new all-time high and reaching the top of its ascending channel. This pullback is expected to extend towards the key support zones, and in a deeper scenario, it could test the bottom of the channel. As long as Bitcoin holds above these support areas and reacts positively at the lower boundary of the channel, the broader outlook remains bullish, with potential for new all-time high However, a decisive break below the channel’s bottom would invalidate the medium-term bullish scenario and raise the risk of a deeper correction. The current correction may provide a valuable opportunity for medium- to long-term traders to re-enter the market. Don’t forget to like and share your thoughts in the comments! ❤️

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
First Support:
$99,191
Price at Publish Time:
$108,678.65
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