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

https://sahmeto.com/message/3881475
SwingTrade_Concept
SwingTrade_Concept
Rank: 1094
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بیت کوین در آستانه خیز جدید صعودی: سطوح کلیدی خرید و فروش کجاست؟

:Buy
Price at Publish Time:
$112,448.43
Buy،Technical،SwingTrade_Concept

Bitcoin shows potential recovery from the support zone after a clean structure break, maintaining a bullish bias. After retesting the previous breakout region, BTC is forming a base near 112,400, suggesting possible upside movement toward the 114,800 zone if buyers hold control. The overall structure remains positive as price continues to respect higher lows within the bullish channel. Key Levels: Buy Entry: 112,400 Take Profit: 114,800 Stop Loss: 111,000 Reasoning: Technically, Bitcoin is showing signs of continuation after a break of structure, indicating renewed buyer interest from the support zone. The price has reacted positively near demand, maintaining momentum above key moving averages. Fundamentally, BTC sentiment is improving as investors await clarity on U.S. economic data and potential rate-cut expectations, while broader risk appetite in crypto markets strengthens. The reduced dollar strength is also helping BTC stabilize near its recent lows. Disclaimer: This analysis is for educational purposes only and not financial advice.

Source Message: TradingView
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