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Technical analysis by MMBTtrader about Symbol BTC: Buy recommendation (12/2/2025)

https://finbeet.com/message/3958221
MMBTtrader
MMBTtrader
Rank: 31275
1.0

Bitcoin Head & Shoulders on 1H is pumping it above 100K$ soon

Message Type:Buy
Price at Publish Time:
$91,730.95
Buy،Technical،MMBTtrader

First lets take a look at that Attractive Reversal pattern which is now obvious in all tokens: #Head_Shoulders : The recent downward movement successfully triggered a significant number of long-position stop losses, effectively executing a 'long squeeze' and absorbing substantial sell-side liquidity. This classic market-clearing event often removes weak hands and over-leveraged positions, thereby reducing immediate overhead resistance. With this liquidation event concluded, the market structure has notably cleared a key obstacle. The path upward now encounters less selling pressure from previously vulnerable positions. This development supports a bullish technical outlook, with the next primary targets residing at the $100,000 psychological level and beyond, as the new market structure allows for a more sustained advance. DISCLAIMER: ((trade based on your own decision)) <

Source Message: TradingView