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

Bitcoin Crashes, But The Cycle Might Just Be Delayed 💥📉 Hey guys — today is October 17th, and Bitcoin is crashing, with crypto following closely behind. Price action is revisiting levels from the October 11 flash crash, putting us below the main market structure. Now, the bad news: we’re under key resistance. The good news? We still have strong support zones beneath us. This isn’t just about Bitcoin — I’ve also updated charts for stocks, the dollar, oil, gold, and silver. The macro picture matters more than ever — this market is an ecosystem, not isolated parts. 🌍 Looking at the big chart, Bitcoin’s 2023 projection targeted 42K for summer 2023 and 120K for the main cycle peak. ( ) That framework still holds, though with adjustments — my revised target is 138K. Yet, what’s emerging could be a delayed cycle. We saw no “Pumptober” as expected, but this might not be failure — it might be transition. Crypto’s inner cycles (Mt. Gox, Luna, FTX, etc.) reshaped maturity and behavior. This is not just a price issue — it’s a structural evolution. 🌀 We may yet see support near 99,600–97,300, but a complete drop to 65K seems unlikely. There’s still risk appetite, and Wall Street indicators like junk spreads confirm it. Yes — Bitcoin is bleeding, but this might be catharsis — the cleansing before rebirth. 🌅 Trading Wisdom 📜 Every crypto winter has birthed a stronger spring. If this is pain, it’s purposeful pain. The markets aren’t just breaking — they’re evolving. One Love, The FXPROFESSOR 💙 Disclaimer: These charts and analyses reflect my personal opinion only. I am not a financial advisor. Nothing here is financial advice. Charts is one thing, bad factors and 'Squid game seasons' is another. Bitcoin will prevail: season 2 coming Up!