Technical analysis by FlorinCharts about Symbol BTC: Buy recommendation (10 hour ago)

BTC is grinding down a clear descending trendline, with a possible bump‑and‑run reversal pattern. If price “bumps” below the line and then snaps back through it, the pattern calls for a strong run higher toward the 106k zone. Pattern in simple words 🧠 Lead‑in: Controlled downtrend along the trending line. Bump: Final washout + fake breakdown, trapping late bears. Run: Sharp reclaim of the trendline, then momentum push toward prior resistance What I’m watching 👀 Break and hold above the trendline = bullish trigger. First target: prior resistance area near 106k. Idea is invalidated if BTC loses the recent lows and stays under the trendline again.