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

📍 BTC (Higher Timeframe) 📉 Last night, the market witnessed one of the sharpest and most terrifying crashes in crypto history — and as most of you probably know, the fundamental reason behind it was the U.S. imposing a 100% tariff on Chinese products. 👉 In this analysis, we’ll take a comprehensive look at Bitcoin on the higher timeframes, so let’s get started. 📥 As shown in the chart, we’re facing a highly reliable trendline that has been forming since November 2022. Every time the price has touched this line, we’ve seen a strong bullish reversal. 📊 Last night, the price once again reacted to this trendline with a large wick and showed a solid rebound. 👉 In addition to that, there’s also a strong static resistance around the $107,000 level, and currently, the price is consolidating above this zone. 📥 Overall, from a technical perspective, no major structural change has occurred in Bitcoin’s chart, and if the price manages to break above the $123,000 level, it could potentially form a new high around $136,330.