Technical analysis by VisionaryInsights about Symbol BTC: Buy recommendation (11/24/2025)

Price is pulling back into a key demand zone while holding above the lower boundary of the descending channel. Buyers are slowly stepping back in, and several bullish confluences are building: 🔹 Bullish Confluences Price rejected the lower channel and is attempting to reclaim short-term EMAs. Momentum shows weakening bearish pressure after a series of higher lows. Price is retesting the mid-channel zone, which often acts as springboard in corrective structures. The Fibonacci retracement from the recent swing displays clear upside targets lined up with channel resistance. 🎯 Fibonacci Targets 38.2% – $87,859 61.8% – $89,179 100% – $91,316 A break above the immediate EMA cluster could confirm bullish continuation toward these Fib levels. Invalidated if price closes below the recent local low.Closed manually at 87.2k. It will probably go to 84/83K first before going up again