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

Hey everyone, Let's cut through the noise. The market is flooded with conflicting signals about a potential market top, but the data on the chart is telling a crystal clear story. Many are getting this cycle wrong, so pay close attention. Here's the truth: The Actual Cycle TOP was established back in JANUARY 2025. That's right. However, the timing didn't align with the simplistic 4-year cycle models many were following. The definitive confirmation came with the recent powerful breakout and close above the $109,000 level. This wasn't a false breakout; it was the market screaming that the cycle is far from over. What we are witnessing now is not the end of the bull market. This is the launch sequence for an extensive BLOW-OFF TOP formation. The Current Setup: Building the Blow off top Launchpad As the chart clearly shows, we are currently in a pullback, retesting the most critical zone in the market right now: the $109k - $106k area. Why is this zone so important? • This is the former resistance (the January '25 top) that has now become the ultimate support. • This is the Blow-Off Top Base. • The bulls are making a strong stand here, working to absorb selling pressure and accumulate for the next and likely final major parabolic rally of this cycle. Think of this consolidation as the coiling of a spring. The longer and tighter it holds this base, the more explosive the eventual breakout will be. The Path Ahead: Key Levels to Watch 1. The Imperative Support (The Base): $109,000 - $106,000 This is the line in the sand. A sustained close below $106,000 would invalidate the immediate blow-off top scenario and signal a much deeper correction is likely. As long as we hold above here, the macro structure is overwhelmingly bullish. 2. The Immediate Resistance (The Trigger): $124,000 This is the next major hurdle. A decisive break and close above $124,000 will be the signal that the blow-off top phase is accelerating. It will confirm that the base is solid and the engines are firing for the climb to the projected target zone. 3. The Projected Target Zone: $145,000 - $160,000 Based on the chart's projections, a successful hold of the base and a break above $124k opens the path towards the $145,000 to $160,000 range. This is where we could see the euphoric, parabolic peak of this entire Bitcoin cycle. Stop listening to the top-callers who are early. The market structure is clear: • We HAVE broken the previous cycle high. • We ARE building a massive support base above it. • We ARE poised for a historic blow-off top. MY PLAN: •Aggressive: Accumulate in the $109k-$106k base zone with tight stops below. •Conservative: Wait for a confirmed breakout and close above $124,000 to enter for the parabolic move. The journey to six figures is behind us. The journey to the cycle peak is just getting started. Stay disciplined, trade the levels, and ignore the noise. Like, follow, and share your thoughts below! Are you accumulating in the base, or waiting for the $124k breakout confirmation?perfect BTC entryThe market structure has strengthened significantly. Price made a remarkable shift by breaking above the $117k major supply area, which has now turned into a strong demand zone. The immediate price plan is to test the $126k main resistance area. Although minor rejection is expected at this new ATH, the main plan still remains firmly on course towards our big target of $140k - $160k for BTC.Bitcoin has reached a key supply zone as illustrated on the chart. A corrective move toward the 120K-118k area remains possible, as highlighted in earlier updates. However, if bullish momentum persists, an extended rally shouldn’t come as a surprise. We’ll close this idea here and shift focus to the new setup prepared for you , read it carefully, drop a like, and share your thoughts in the comments.