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Technical analysis by DeGRAM about Symbol BTC: Buy recommendation (11/13/2025)

https://finbeet.com/message/3917910
DeGRAM
DeGRAM
Rank: 40
3.8

DeGRAM | BTCUSD will rebound from the $100k level

Message Type:Buy
Price at Publish Time:
$103,687.78
Buy،Technical،DeGRAM

📊 Technical Analysis ● Bitcoin is trading above the long-term support zone near $100 K, where a double-bottom formation took shape, suggesting base formation ahead of a potential breakout. ● The market approaches a descending resistance line around $106 K–$108 K, with recent upside momentum hinting at a retest of this resistance while preserving the higher-low structure. 💡 Fundamental Analysis ● Bitcoin’s bullish case is reinforced by renewed institutional accumulation and broader digital-asset adoption, while improving macro risk sentiment lessens safe-haven crowding. ✨ Summary • Support: ~$100 K region • Resistance: ~$106 K–$108 K • Bias: Long above support with breakout potential toward ~$110 K on momentum and accumulation signals. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!

Source Message: TradingView