Technical analysis by Harry_Megat about Symbol BTC on 12/1/2025

BTCUSD (15m) – Support Rejection & EMA Recovery Bitcoin dropped into a key support zone and showed a strong rejection wick, signaling buyer interest. Price has now pushed back above the 7 EMA and is challenging the 21 EMA, which is the first sign of short-term momentum shifting. Two possible outcomes from this area: 1. Bullish Scenario (Green Path) If BTC holds above the support zone and continues reclaiming the EMAs, price may look for a short-term recovery toward the next intraday highs. 2. Bearish Scenario (Red Path) If price fails at the EMAs and falls back below the support zone, continuation to the downside becomes more likely. Summary Strong support reaction. EMAs acting as early momentum indicators. Both bounce and breakdown are possible depending on how price behaves around 21 EMA. https://www.tradingview.com/x/ZBXD99Qq/📊 BTC Update — Break, Sweep, Reclaim Bitcoin broke support, flushed down to $84,000, and then reclaimed the $86,700 resistance — a classic liquidity sweep + bullish reclaim pattern. What This Price Action Means: 1️⃣ Liquidity Grab at $84,000 Price dipped below support to hunt stops/liquidity, then buyers stepped in aggressively. This is often a bullish signal if the level is quickly reclaimed. 2️⃣ Strong Reclaim of $86,700 BTC pushing back above $86,700 shows: Sellers failed to continue the breakdown Buyers regained control Market sentiment shifting bullish again 3️⃣ This Structure Is Bullish A break → sweep → reclaim pattern usually suggests continuation to the upside as long as price stays above the reclaimed level. Key Levels Now Support: $86,700 (must hold to keep bullish structure) Next Bullish Targets: • $88,500 • $90,000 • $92,000 (major liquidity pocket)