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Technical analysis by LegionQ8 about Symbol BTC: Buy recommendation (12/2/2025)

https://sahmeto.com/message/3957220
LegionQ8
LegionQ8
Rank: 4669
1.7

بیت کوین در مرز نوسان: آیا خریداران از کف حمایت می‌کنند؟ هدف کوتاه‌مدت ۸۹,۲۰۰ دلار کجاست؟

Buy
Price at Publish Time:
$86,741.86
Buy،Technical،LegionQ8

Hello traders! Here’s my technical outlook on BTC/USD based on the current market structure. After reaching the Seller Zone near $92,000, the price once again faced strong rejection, forming a clear reversal right under the descending Trend Line. This confirms that sellers continue to defend this area and keep Bitcoin within a broader corrective structure. From there, BTC pulled back toward the Buyer Zone around $86,000–$85,500, which has acted as a reliable support multiple times in the recent sessions. The market is now forming a potential short-term recovery after a fake breakout below this zone, highlighting attempts from buyers to regain control. However, as long as the price trades below the Seller Zone and the descending Trend Line, bearish pressure still dominates the chart. The structure suggests that Bitcoin may attempt a move toward TP1 at $89,200, where the market previously consolidated and faced resistance. A clean rejection from the Trend Line could send the price back toward support for another test, while a confirmed breakout above $92,000 would shift short-term sentiment and open the way for stronger bullish continuation. On the other hand, a breakdown below $85,500 could expose BTC to deeper declines toward lower support lines. Please share this idea with your friends and click Boost 🚀Today the market is very unpredictable. As we can see, the price, without bouncing from the support zone, flew up, reaching our target and went even higher, breaking through the main resistance level.

Source Message: TradingView
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