Technical analysis by FlorinCharts about Symbol BTC: Buy recommendation (12/4/2025)

🎯 Why the EMA 50 Matters The 50-week moving average is a simple trend line that traders watch: ✅ Trend signal – If price stays above it, the trend is up. Below it, the trend is down. ✅ Support/Resistance – It acts like a magnet that price bounces off. ✅ Everyone watches it – When many traders use the same level, it becomes real support. 📈 Scenario 1: REJECT (Price Goes Down) Bitcoin bounces down from the EMA 50 Price falls back to ~$85–92K Trend weakens temporarily What to look for: Weekly close below $99,553 Lower highs on daily chart Selling pressure increases 📉 Scenario 2: BREAK (Price Goes Up) Bitcoin closes above EMA 50 with strength Price continues toward $120–128K Trend stays strong What to look for: Weekly close above $99,553 Strong volume on the push up Higher lows forming 🔮 Most Likely Outcome: DOWN FIRST, THEN UP Probability: Reject now: ext 1–2 weeks Eventually breaks higher: ~70% (next 1–2 months) 📌 Simple Trade Plan If you're bullish: Buy dips near $85–87K (the blue line) Stop loss below $83K Target $120K+