Technical analysis by ProfitMagnet-Pro about Symbol BTC: Buy recommendation (10/27/2025)

ProfitMagnet-Pro
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Bitcoin has successfully broken above the Bearish Channel, signaling a potential shift in market structure. Multiple ChoCH (Change of Character) confirmations indicate growing bullish sentiment after a prolonged downside move. The breakout candle pushed price above previous structure, creating a potential higher high. If Bitcoin sustains above the 114,863 support level, we could see continuation toward the next resistance area at 120,543. A pullback and successful retest of the channel breakout zone may provide bullish continuation opportunities. However, if price drops back below 112,949, bearish pressure may resume. Support: 114,863 / 112,949 Resistance: 120,543 Potential Retest Zone: Channel breakout & recent ChoCH level 📈 Market Bias: Bullish above retest zone – watching for continuation or rejection. This analysis is for educational purposes only and does not constitute financial advice. Trade responsibly.