Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol BTC: Buy recommendation (10/1/2025)

Bitcoin (BTC/USD) – 4H Technical Analysis The chart shows Bitcoin breaking out of a descending channel, signaling a potential bullish continuation. 🔑 Key Observations: Breakout Confirmation Price has broken above the descending channel, suggesting bullish momentum. Strong support formed near 115,006 – 114,297 zone. Support & Stop-Loss Zone Major support: 114,297 – 112,642 If price falls below this zone, bearish pressure could return. Upside Target First target: 124,578 – 124,640 (≈ 8.8% upside potential from current levels). Price Path Expectation Short-term pullback possible towards 115,006 support before continuation. If support holds, BTC likely rallies toward 124,578. 📌 Trading Outlook: Bullish bias as long as price remains above 114,297. Entry zone: Around pullbacks to 115,000 – 116,000. Take profit: 124,578 – 124,640. Stop-loss: Below 112,642 (to protect against false breakout). ✅ Summary: BTC has broken out of the downtrend channel and is showing bullish continuation signals. Holding above 115,000 keeps the bullish case intact, with targets near 124,600.