Technical analysis by The_Alchemist_Trader_ about Symbol BTC: Buy recommendation (11/19/2025)
https://finbeet.com/message/3931652

The_Alchemist_Trader_
Rank: 34833
Analytical Power:
0.9
Bitcoin Channel Low Support, Bottom Forming?
Message Type:Buy
Price at Publish Time:
$91,274.06

Bitcoin is currently testing the $90,000 channel support, a historical level that previously marked major cycle lows. Holding this region keeps price inside a strong higher-time-frame range. If BTC maintains this support on a closing basis, the probability of a rotation toward $135,000 increases, setting up conditions for a potential attempt at new all-time highs. Key Points - $90,000 acting as major channel support from previous market bottom - Holding support keeps BTC within higher-time-frame bullish structure - Break above resistance opens path toward $135,000 and beyond What to Expect As long as Bitcoin holds above $90,000, a rebound toward $135,000 becomes the likely next move. A breakdown would delay the bullish continuation.
Source Message: TradingView