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Technical analysis by ScottMelker about Symbol BTC: Buy recommendation (12/10/2025)

https://sahmeto.com/message/3976196
ScottMelker
ScottMelker
Rank: 82
3.4

Bitcoin Approaches The Daily 50 MA

Buy
Price at Publish Time:
$92,367.2
Buy،Technical،ScottMelker

Not much is happening on the Bitcoin chart, but it is worth noting that descending resistance is in line with the 50 MA on the daily, a key level that traders and algorithms will be watching as resistance. A strong push through that level could be a great signal that the bottom is in.

Source Message: TradingView
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