Technical analysis by Orriginal about Symbol BTC on 10/20/2025

Orriginal
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This Daily chart VERY clearly shows us all hw BTC PA once again bounced off a Long Term support line that has existed since the beginning of this cycle higher back in Jan 2023 On this chart we can see what happened last time.. Left circle. Is it Guaranteed ? NO but on the smaller time frames we can see how PA has also brpken pver that next line and is about to retest it as support. Along with this we can see the Daily MACD is turning bullish from the Low Overbought zone. So we have the ability for a sustained bounce but somethign that may make the bulls rest on a level og their choice is the FED meeting next week, 28, 29. On the 29th, we will hear about Rate decisions. It does need to be fully understood that Lower rates may not absolutely lead to massive gains. There are some very complicated issues with regard to Corporate Borrowing and the knock on effect could harm markets. Time will tell but one thing I am sure of is how Bitcoin , to me, does still remain bullish, holding support on Key eves