Technical analysis by AzrulAzir about Symbol BTC: Buy recommendation (20 hour ago)

Welcome to my analysis. This chart provides a long-term outlook on Bitcoin’s price movement. As observed, Bitcoin experienced a decline after reaching the all-time high resistance level at 125,556. The key support level at 97,458 has also been broken. From a technical perspective, we now have a potential buy zone within the 50%–61.8% Fibonacci retracement, located between 89,440 and 80,472. This area represents a favorable region for potential entries, with an upside target toward the next major resistance around 131,399. Good luck and trade safely.