Technical analysis by Kevinn_Nguyen about Symbol BTC: Buy recommendation (10/16/2025)

👋Hello everyone, do you think BTCUSDT will go up or down in price? Bitcoin is currently trading at a crucial support zone around the 109,000 - 110,000 level. This has been a strong price area, where we have seen several price rebounds in the past. If Bitcoin can maintain this support, the next target could be the 124,500 level, a significant resistance that was previously reached in the past few weeks. Moreover, the potential for the U.S. Federal Reserve to lower interest rates is making assets like Bitcoin more attractive. With low interest rates and a weakening USD, many investors are turning to Bitcoin as a reliable alternative asset. From my perspective, I remain optimistic about BTCUSDT. 💬What about you? Feel free to share your thoughts in the comments! Good luck!