Technical analysis by SOAM_PRO_TRADER about Symbol BTC: Buy recommendation (10/29/2025)

🔹BTC/USD – Bullish Reversal from Key Support Bitcoin is showing a strong reversal setup on the 1H chart after retesting the $112,800 support zone, which has acted as a solid demand area. Buyers stepped in with strength, forming a bullish reaction candle supported by increased volume showing a potential short-term recovery move. 📊 Key Levels to Watch: Strong Support: $112,800 – $112,600 1st Target: $114,482 2nd Target: $115,481 Final Target Zone: $116,153 – $116,400 💡 Technical Outlook: Price is currently trading near $113,437, building momentum above support. A sustained break and close above $114,000 could confirm bullish continuation toward the 1st and 2nd target areas. As long as the price remains above $112,800, the bias stays bullish in the short term. A close below this level would invalidate the bullish setup and open the door to lower prices. 🎯 Trade Idea (Example) Entry: $113,400 – $113,600 Stop-Loss: Below $112,700 Take-Profits: TP1: $114,482 TP2: $115,481 TP3: $116,153 Risk/Reward: 1:2.5 – 1:3 ▪Summary: BTC is attempting a bullish reversal after testing strong support. If momentum continues, we could see a push toward the $115K–$116K levels. Watch for confirmation above $114K before entering aggressively. If this helpful for you, press the like button.