Technical analysis by CryptoSkullSignal about Symbol BTC: Buy recommendation (10/24/2025)

BTC Update: Last Sunday, we discussed that Bitcoin could move toward $115K, and after that, a pullback was expected. However, this week the market showed clear manipulation — Bitcoin jumped back to $114K, then dropped to $106K, reacting to a mix of news around China, Trump, and tariffs, along with other bullish and bearish headlines. For now, Bitcoin has reclaimed the $110K support and is trading above it, showing some short-term strength. If BTC continues to hold above $110K, the next resistance is near $113.5K, around the 1D 50 EMA, which remains the strongest hurdle for bulls. A clean breakout and hold above this zone could trigger a move toward $117K–$120K — that’s where I’ll be looking to add more shorts. I’m still holding my previous short position with an average entry around $122K, and my plan is to add more if price reaches $115K–$117K. The overall structure remains bearish, and I’m waiting for clear direction. Today’s CPI report will likely decide the next move: If BTC pushes higher on the data, I’ll add to my shorts. If it drops, I’ll continue holding. The only time I’ll consider closing shorts is if Bitcoin breaks and resists below $100K. #bitcoin