Technical analysis by zahid_iqbal6220 about Symbol BTC: Sell recommendation (10/19/2025)

1️⃣ Scenario 1 — Deeper Pullback → Best Buying Zone Support levels highlighted: First support: $98,000 Second support: $92,000 Best buying zone: around $95,000 ± ($92k–$98k range) Reasoning: The price is still respecting the ascending channel (green lines). A drop toward the lower trendline support aligns with both structure and RSI oversold levels. RSI near 36 suggests potential for reversal after more downside. Trade idea: → Buy around $95,000 → Target = $145,000 (upper channel resistance) → This is a swing or long-term setup. 2️⃣ Scenario 2 — Immediate Recovery from Current Zone If Bitcoin pulls back up from current price (~$106,000) instead of dropping deeper: Wait for confirmation above $117,000 before entering. That would signal a safe long re-entry as price reclaims mid-channel support. Trade idea: → Buy above $117,000 (confirmation breakout) → Target = $126,000–$145,000