Technical analysis by alirezak about Symbol BTC: Buy recommendation (12/6/2025)

Dear Traders, appears to be a corrective bullish channel within a larger downtrend. This channel likely represents a pullback, increasing the probability of a downside continuation. The 94,500 – 98,500 zone is a major supply area that has acted as resistance multiple times and may trigger another rejection or fake breakout if retested. Should the price get rejected from this zone, the potential downside targets are 83,000, followed by 78,000 and 75,000. A bullish scenario becomes valid only if BTC closes a daily candle above 100,000, which could open the path toward the 105,000 – 110,000 resistance range. This is a market outlook and not financial advice — proper stop-loss and risk management are strongly recommended. If this post helped you, consider boosting and sharing it. Thank you for the support. Alireza!