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Technical analysis by Daffapouuse about Symbol BTC: Buy recommendation (7 hour ago)

https://sahmeto.com/message/3784646
Daffapouuse
Daffapouuse
Rank: 2663
2.1
Buy،Technical،Daffapouuse

Bitcoin continues to show bullish momentum on the daily timeframe after a strong rebound from the major demand zone around $109K – $110K. Price has reclaimed key levels, now acting as support. The nearest demand zone lies at $113K – $114K, which may serve as a re-entry area if retracement occurs. As long as this zone holds, the bullish structure remains intact with upside targets toward $118K – $120K. A breakdown below demand would weaken the outlook, exposing the lower demand zone around $109K – $110K. Overall, BTC maintains a bullish mid-term outlook while monitoring demand zones remains crucial for confirming continuation.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$119,000
Stop Loss Price
$109,500
Price at Publish Time:
$115,867.59
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