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

BTCUSD is back in focus after its breakout above $113,200 failed near $115,000, triggering a brief correction. The price remains inside an inverse head and shoulders formation, which stays valid as long as BTCUSD holds above $106,600. On the technical side, the RSI recently flattened after showing a hidden bearish divergence between October 13–26, when price made a lower high but RSI climbed. That imbalance signaled exhaustion, which led to the pullback. Now, RSI has stabilized, suggesting sellers are losing control, and momentum could shift back to buyers. For validation, BTCUSD must close firmly above $115,000, which would confirm the neckline breakout and open targets near $117,300 and $125,900. A drop below $106,600 would invalidate this bullish setup, exposing $103,500 as the next key support. On-chain, large holders recently moved 10,000+ BTC to exchanges, but accumulation from long-term wallets above 60% HAR (holder accumulation ratio) keeps the base strong.