Technical analysis by Eldric_Morran about Symbol BTC: Buy recommendation (11/7/2025)

After touching the support at $99,600, BTC/USDT started to rebound and showed signs of a price increase. The next resistance is $105,300, and if it is broken, BTC may continue to rise strongly. Although still in a down channel, this recovery indicates the possibility of a price breakout, creating a trading opportunity with higher targets. If it fails to break above $105,300, BTC may fall back to lower support levels. With the current positive signals, there is a high probability that BTC will continue to rise, and traders should follow these support and resistance levels to take advantage of the available opportunities.