Technical analysis by HexaTrades about Symbol BTC: Buy recommendation (8/4/2025)

Bitcoin is trading in a descending channel on the 4H chart, with two recent fakeouts — one above resistance and one below support — trapping traders on both sides. After reclaiming support, BTC is pushing toward the upper boundary with rising volume, hinting at strong demand. A breakout above $119K could drive a rally toward $125K–$135K. Cheers Hexa BTCUSDT BTCUSD