Technical analysis by SOAM_PRO_TRADER about Symbol BTC: Buy recommendation (10/17/2025)

🔹Bitcoin (BTC/USD) 4H Technical Analysis ▪ Key Support Zone Holding Strong Price has rebounded from the strong support zone near $108,000 - $107,000, which has previously acted as a launch point for bullish moves. A bullish rejection (marked by the green arrow) suggests potential for upward continuation. ▪ Re-Entry Strategy After Breakout Traders are advised to re-enter long positions upon a strong breakout and retest of the marked grey resistance-turned-support zone around $109,000 - $110,500. ▪Target Zones to Monitor 1. 1st Target Area: Around $113,497 Minor resistance; expect consolidation or slight rejection. 2. 2nd Target Area: Around $116,114 Stronger resistance zone; key for bullish continuation. 3. 3rd Target / Supply Zone: $121,887 - $122,156 Major resistance zone; likely profit-taking area for swing trades. ▪ Risk Management Stop-loss likely placed just below $106,975 to limit downside exposure. Risk-to-reward ratio appears favourable given the depth of potential upward targets. Summary: BTC/USD is showing early signs of bullish recovery from a key support level. Confirmation of breakout above the immediate zone may trigger a multi-leg rally toward $122K, if volume supports the move. Support Me For More Insightful Analysis.