Technical analysis by Beyoglu_Analyst about Symbol BTC: Buy recommendation (10/27/2025)

Bitcoin price found support around at $106,453 on Wednesday. BTC rose 6.57% in the next four days and closed above $113,397. At the time of writing on Monday, BTC trades above $115,530, nearing the key resistance at $115,137. If closes above $115,137, it could extend the rally toward the psychologically important $120,000 level. The Relative Strength Index (RSI) on the daily chart reads 56, above the neutral level of 50, indicating bullish momentum gaining traction. Additionally, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on Sunday, providing a buy signal and further supporting the bullish view.