Technical analysis by DRAGONEAGLE_FX about Symbol BTC: Buy recommendation (16 hour ago)

This 1-hour chart of Bitcoin against the US Dollar shows a strong uptrend gaining momentum, supported by the Ichimoku Cloud indicator. The price has been consistently moving up along the established trendline, and the current level of $118,759 sits well above the green Support Zone around $117,500 - $118,000. This suggests that buyers are in control and the overall market sentiment is positive. The chart forecasts a potential move toward the Target Zone near $120, 880 if the current support holds firm.