Technical analysis by bbqgio about Symbol BTC: Buy recommendation (12/3/2025)

BTCUSD on the 1H chart has snapped back in a sharp V-shaped recovery and is now cooling off in a tight consolidation. Using Smart Money Concepts, the recent bullish Market Structure Shift (MSS) and price holding above the 20, 60 and 120 MAs frame a clear bullish bias. Short-term demand is building around support near 92,340, while resistance at 93,161.86 caps the top of the range and defines the “flag” portion of a Bullish Flag structure. The primary path favors continuation higher if buyers can force a clean breakout. A sustained 1H close above 93,800 would confirm strength through resistance and signal a potential trend continuation toward 95,000 and 97,000, with an extension into the 98,000 region if momentum and ATR expand. As long as 92,340 holds, pullbacks into this zone can be treated as constructive rather than bearish, in line with the bullish MSS. If 92,340 fails decisively, Smart Money traders will watch the next downside liquidity zones around 91,250–90,600 and the bearish Fair Value Gaps in the 87,962–90,200 area as potential draw targets. A more conservative SMC-style “reclaim” idea looks for a dip and then a 1H close back above 92,600, with invalidation below 91,500 and upside focus still on 98,000. This is a study, not financial advice. Manage risk and invalidations. Thought of the Day 💡: A clear structure plus a clear invalidation is the real edge—protect it. -------------------------- Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts!