Technical analysis by FrankAgbo about Symbol BTC: Buy recommendation (11/9/2025)

FrankAgbo
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Bitcoin just tapped back into a major demand zone (100k – 101k) and is showing early signs of accumulation. This level has acted as strong support multiple times, and each dip into this zone has attracted heavy buying pressure. On the chart, price is currently stabilizing after a sharp sell-off, and we’re beginning to see higher lows forming inside the green zone, which is often the first sign of a potential reversal. --- 📌 Key Levels Demand Zone: 100,000 – 101,000 (Highlighted in green) Buyers are stepping in aggressively here. Immediate Resistance: 107,000 – 111,000 (Red zone) This is the next major supply area where sellers previously took over. --- 📈 Bullish Scenario If BTC maintains support inside this zone and continues building bullish structure, we could see a strong move upward toward the 110k–111k resistance, which aligns with previous liquidity and a major rejection zone. The green arrow highlights the most likely bullish pathway: Support → Breakout → Rally into major supply. --- 🧠 Market Insight Bitcoin has been following a clear pattern: Dip → Accumulate → Rally → Reject → Dip again. We are currently back at the accumulation phase, and similar setups in the past have led to strong upside movements. The upcoming dates with news events (seen on the chart) could act as volatility triggers, pushing BTC out of this consolidation. --- 📣 My Bias As long as BTC holds above 100,000, I remain bullish toward 110k+. Lose this level… and we re-evaluate. --- 📊 What do you think? Do you expect a bounce from here or a breakdown below 100k? Drop your analysis in the comments! 👇🔥