Technical analysis by HAMED_AZ about Symbol BTC: Buy recommendation (10/18/2025)

HAMED_AZ
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Hello Traders! 👋 What are your thoughts on BITCOIN? On the weekly chart, Bitcoin has entered a corrective phase after reaching the upper boundary of its ascending channel, and it’s now approaching a major demand zone. This retracement appears to be a healthy pullback within the broader bullish trend, potentially setting the stage for the next upward move toward the channel top at $140,000. As long as the price remains above the key support area and the ascending trendline, the bullish structure remains intact. • A rebound and weekly close above $107,900 would likely reignite bullish momentum and confirm renewed buying strength. Bearish Scenario (Invalidation): If Bitcoin breaks below the support zone and closes under the trendline, this would invalidate the current bullish setup, potentially leading to a deeper correction toward lower levels. Don’t forget to like and share your thoughts in the comments! ❤️