Technical analysis by Tealstreet about Symbol BTC on 8/1/2025

Bearish momentum is starting to stall here at the lows. New month, and we started it by cleaning up the previous month's bad lows. If we can hold here I'm looking for a trendline retest and VAL retest soon. Maybe we get one more sweep of the low, giving us a three drive pattern. Reclaim VAL then it's back to VAH, maybe take out all the bad highs. If we start bleeding into the lower demand zone (green box), I will start paying attention for a potential bearish retest into 110k, which we be our last area of imbalance to fill.