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Technical analysis by DeGRAM about Symbol BTC: Buy recommendation (11/14/2025)

https://finbeet.com/message/3918606
DeGRAM
DeGRAM
Rank: 40
3.8

DeGRAM | BTCUSD BTCUSD is aiming to reach a key support level.

Message Type:Buy
Price at Publish Time:
$97,172.74
Profit Target:
(+7.03%)$104,000
Buy،Technical،DeGRAM

📊 Technical Analysis ● BTC is approaching a major confluence zone where the long-term support line meets the key demand area near 94k–92k. This level previously triggered strong reversals. ● Price remains inside a broad falling structure, and a bounce from the lower boundary would confirm trend exhaustion and open room for recovery toward 102k–108k. 💡 Fundamental Analysis ● FXStreet reports renewed inflows into BTC ETPs and improving risk sentiment as markets expect milder Fed policy, supporting medium-term bullish pressure. ✨ Summary BTC nearing 94k–92k demand; bounce may target 102k–108k. Key support: 92k. Break above falling trend = continuation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!

Source Message: TradingView