Technical analysis by TheSignalyst about Symbol BTC: Buy recommendation (7/26/2025)

BTC has been overall bullish, trading within the rising blue channel (1). After reaching a local high, it entered a short-term correction, forming a falling red channel (2). 👀All eyes are now on the key demand zone (3), which aligns with the lower bound of both the red channel and the rising blue structure. 🔎As long as this confluence holds, we anticipate a potential bullish impulse in August. A retest of the $111,500–$112,000 zone could serve as the trigger for the next leg toward $128,000. Let’s see if BTC is gearing up for another breakout or if a deeper correction is in play. 🔔 Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Always do your own research and manage your risk accordingly. 📚 Always follow your trading plan => including entry, risk management, and trade execution. Good luck! All strategies are good, if managed properly. ~ Richard Nasr