Technical analysis by melikatrader94 about Symbol BTC: Buy recommendation (1/4/2026)

Hi BTC was moving sideways inside a clear rectangle, showing a period of consolidation and balance after the previous move. This range allowed the market to build energy. Price has now broken above the upper boundary with strong bullish candles, confirming a valid breakout. As long as BTC stays above the former resistance area, which should now act as support, the bullish structure remains intact. Based on the rectangle height, the next upside target is around 93,367 . A short pullback to the breakout zone would be normal and healthy, but a return inside the range would weaken the bullish outlook.