Technical analysis by TRADE_WITH_BRIAN about Symbol BTC: Buy recommendation (21 hour ago)

Technical Analysis Of BTCUSD After an extended bearish leg within the descending channel, Bitcoin is now showing early signs of exhaustion near the strong support area. The market recently executed an internal liquidity sweep below local lows, tapping into a high-volume entry zone — a classic sign of smart money accumulation. We can observe multiple CHOCH and BOS structures forming, suggesting that short-term order flow might be shifting bullish. As long as the 100,500 support holds, a potential push toward the FVG / Mitigation Block between 104,500–107,100 remains in play. If this structure continues to develop, we could see price targeting the upper EQ mid-line and potentially testing the strong resistance area around 116,000 in the coming sessions. 🟩 Entry Zone: 100,500 – 101,900 🟥 Stop Loss: Below 100,000 🎯 Targets: 104,554 → 107,118 📈 Bias: Bullish reversal from demand | FVG mitigation play ⏱ Timeframe: 1H Summary: BTC is in a potential reversal phase, with liquidity engineered below key lows and early bullish structure forming. A sustained break above 104,500 would confirm bullish momentum and open the path toward 107,000+. Support Me For More Insightful Analysis.