Technical analysis by weslad about Symbol BTC: Buy recommendation (19 hour ago)

Bitcoin remains structurally bullish despite the recent market turmoil. The monthly chart clearly shows that the main ascending trendline continues to hold firm acting as the backbone of the current bull cycle. The recent drop was nothing more than a controlled retest of this key support zone. As long as Bitcoin stays above $103,000 and the trendline remains intact, the bull market stands strong. Next upside projections: First target: $126K – $165K Extension target: $200K+ Only a confirmed monthly close below $103K would invalidate the bullish structure. Until then, this phase remains a buyers’ market, not a sellers’. Share your thoughts below do you believe this trendline can carry BTC to new highs? Like & share if you agree.Share your Alts coin for quick market re-check after the dump. I will only attend to the first 40.Great bounce from the drop