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

While my broader bias on Bitcoin (BTC) remains bearish, I hold a short-term bullish outlook leading into the New York (NY) session open. This perspective is based on several key technical observations: I anticipate potential price manipulation during the NY session that may drive BTC toward the 0.618–0.786 Fibonacci retracement levels. This zone also coincides with a significant market structure shift (MSS) key level, making it a potential area of interest for short positions. Notably, we have already seen strong rejection from the 0.5 equilibrium level within the current Fibonacci range, suggesting sustained selling pressure from market participants. Furthermore, there appears to be limited liquidity buildup on the buy side, indicating a lack of engineered liquidity or compelling draw for a continued move higher compared to the liquidity we have on the sellside. Given these factors, I plan to position myself for a potential short trade, capitalizing on any bullish manipulation that drives price into the aforementioned sell zone.Anticipating price to rebound from OTE level - 0.618 Fibo level For now, everything we predicted is happening