Technical analysis by Mihai_Iacob about Symbol BTC: Buy recommendation (9/10/2025)

Mihai_Iacob

After the ATH at 125k on 25 Aug, BTC pulled back to 107k and has been consolidating. The latest structure looks more like a base for reversal than a continuation pattern: price is back into the 113.3k zone, which coincides with resistance, and we’ve printed a sequence of higher lows—a classic pressure build under supply. What I’m watching •Bullish trigger: A clean break/close above 113.3k opens the path toward 120k (both a technical target and a psychological level). •Continuation potential: If 120k is reclaimed with momentum, a 123–125k retest comes into play. •Support: 110k is the line in the sand; below it, risk shifts to 100k zone (the correction low). Trading plan •Breakout: Look for acceptance above 113.5k and a successful retest to validate upside toward 120k. •Buy-the-dip zone: If we pull back, watch 111–112k for signs of bid absorption and continuation. Bias: I’m bullish while 110k holds. A failure below 110k would likely send us back to 107k and even 100k.