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

Bitcoin continues in a clear uptrend, respecting the ascending trendline. Currently, the price is pulling back to the support zone near 114,000, an area that previously acted as resistance and now serves as a defense point for buyers. As long as support holds firm, the scenario favors a continuation of the upward movement, with a projected target at the resistance level around 120,000.