Technical analysis by tradecitypro about Symbol BTC: Buy recommendation (10/11/2025)

👋 Welcome to TradeCity Pro! Let’s analyze Bitcoin, yesterday, a phenomenon called a Flash Crash occurred, and the market experienced a massive drop. Let’s review what happened and where the market stands now. ⏳ 4-Hour Timeframe Before diving into the chart, let’s first understand what happened in the broader market. 🔍 Yesterday, the U.S. restricted the sale of certain computer chips to China, and in response, China halted exports of five rare elements to the U.S. 📰 Then, the U.S. reimposed heavy tariffs on China, and China raised duties on American ships. ✨ These escalating tensions severely impacted global markets — and we witnessed the largest Flash Crash in Bitcoin’s history. 📉 A total of $19 billion worth of positions were liquidated, marking the highest figure ever recorded in crypto history. To put that into perspective, during the COVID crash, only about $3 billion was liquidated — a massive difference. 🔔 Interestingly, Bitcoin dropped less compared to most altcoins and managed to recover partially. However, altcoins like TON, AVAX, ARB, and SUI (each with their own networks) saw brutal crashes, many with wicks of 60–70% downward. 📊 Now, looking at the chart, yesterday, Bitcoin was ranging above the $120,835 zone. 🧮 Once the geopolitical tension began, the price started a strong downward move, breaking below its key support. 🔽 After two large red candles and a close below support, the third candle formed a 12% wick, dropping as low as $102,000. ✔️ Following that, the price quickly recovered and is now consolidating above the $109,000 support zone. 💡 At the moment, in such a highly volatile environment, finding valid triggers and opening new positions isn’t ideal. 🔑 The price action has been driven mostly by news and panic, so it’s best to wait until the market stabilizes and the effects of these developments fade away. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.