Technical analysis by LegionQ8 about Symbol BTC: Buy recommendation (10/15/2025)

Hello traders, I want share with you my opinion about Bitcoin. The market structure for Bitcoin has turned decidedly bearish in the short term, following a significant breakdown from its recent triangle consolidation pattern. This corrective phase began after a failed rally to a new all-time high near 126000, which led to a prolonged and volatile period of price action, including a sharp drop to 102000. Currently, following the resolution of the recent triangle to the downside, the price of BTC is in a clear downward movement. In my mind, this final decline is a capitulation move that is heading towards a major area of historical support. I expect that the price will fall into the main buyer zone. I think that a strong and confirmed reversal from this zone will signal that the entire corrective phase is complete and that buyers are ready to re-take control for the next major trend. This would present a significant long opportunity. Therefore, I have placed my TP for this reversal scenario at the 116000 level, targeting a key area of prior price action and a logical first objective for a new rally. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.Bitcoin dropped to the support level, but not into the buying zone as I expected. In any case, I expect the price to trade in consolidation for some time and then continue to rise towards my TP in the region of 116000.