Technical analysis by LegionQ8 about Symbol BTC: Buy recommendation (11/11/2025)

Hello traders! Let’s take a look at the current BTCUSD structure. After an extended corrective phase within a descending movement, the market found solid support near the $100,000–$100,200 Buyer Zone, which aligns with both the horizontal Support Level and the lower boundary of the broader structure. This zone has repeatedly triggered strong buying reactions in the past, confirming it as a key demand area. Recently, Bitcoin began forming a bullish correction channel, where price has been developing higher highs and higher lows, suggesting early signs of trend recovery. Within this structure, buyers successfully defended the Buyer Zone, followed by a steady rise toward the $107,000–$107,500 Resistance Level — a zone that previously acted as a Seller Zone during prior rejections. At the moment, BTCUSD is consolidating inside this ascending channel, trading slightly below resistance. The market may attempt another push toward TP1 at $107,500, which aligns with the upper resistance line and marks a potential short-term target. If price manages a confirmed breakout above this level, we could see further continuation toward the next resistance around $111,000. However, if the price faces rejection at the current resistance, a temporary pullback toward the Support Line or Buyer Zone ($100,200–$101,000) could occur before the next wave of growth. The structure remains bullish as long as Bitcoin stays above the ascending Support Line. Please share this idea with your friends and click Boost 🚀The situation is still unclear, the price broke through the wedge pattern acceptance level but is gradually returning. We will monitor and wait for the market reaction.Unfortunately, the sellers had an advantage in the market and the price broke through the support level of the ascending wedge.