Technical analysis by Lingrid about Symbol BTC: Buy recommendation (9/8/2025)

BTCUSDT broke above a corrective channel after multiple rejections near the support zone. The chart shows a descending structure with repeated lower highs and lows, guided by the downward trendline. However price broke and closed above it. the market potentially bottomed around $108,000 support level. As long as price holds this support, a rebound toward $117,300 becomes the next potential move. The broader picture suggests a retest of resistance if momentum shifts upward from the current zone. 📉 Key Levels Buy trigger: Hold above $110,000 support Buy zone: $108,000–$110,000 accumulation area Target: $117,300 resistance zone Invalidation: Breakdown below $108,000 💡 Risks Failure to hold $108,000 support could trigger deeper losses. Macroeconomic factors (Fed rate decisions, inflation data) may pressure sentiment. Sustained strength in the dollar index could cap bullish continuation. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!