Technical analysis by mudusir about Symbol BTC: Buy recommendation (11/5/2025)

In the start of 2025 (10 Feb), I shared a #BTC analysis when Bitcoin was trading around 95K, and our buying zone was clearly mentioned between 86K – 79K. #BTC perfectly touched this zone and gave over 100% return! Our position is still active and in strong profit. Now, once again on the weekly timeframe, #BTC is showing a potential AB=CD pattern formation. Currently, #BTC is moving within the Fibonacci golden zone (0.382–0.5), testing the trend line, and testing the EMA 50, theses are strong technical confluence zones for a bullish continuation. Spot Trade Plan: We will accumulate #BTC at CMP (Current Market Price). Futures Trade Plan: For confirmation, we will wait for: A bullish candle on the 1D timeframe A bullish divergence on the 4H chart A clear breakout of the resistance zone Once confirmed, we’ll look for a long setup with proper risk management. Trend Outlook: #BTC remains in a strong uptrend, and the next potential target zone could be around 140K – 150K if bullish momentum continues. What’s your view on #BTC — are you bullish or expecting a deeper correction? Drop your thoughts below! #BTC #Bitcoin #Crypto #BTCUSD #CryptoAnalysis #TechnicalAnalysis #TradingView #Bullish #ABCDPattern #Fibonacci #Uptrend #EMA50