Technical analysis by Alex-Whale about Symbol BTC: Buy recommendation (8/4/2025)

I didn’t want to jump to conclusions, so I waited for the NY open to see how the market would react — and so far, things don’t look bad at all. 🤔 Yeah, that previous-week correction wasn’t fun, but honestly, it’s perfectly healthy price action. Thanks to that sharp drop, #Bitcoin managed to: ✅ Fully close the CME gap ; ✅ Fill a pretty large FVG ; ✅ Cleanly retest the previous high ; ✅ Perfectly touch the 50-day MA — which has historically sparked solid moves. Sure, it was unpleasant. Sure, things didn’t go exactly as planned. 🤷‍♂️ But is this the end? Absolutely not. We haven’t even reached any of the typical panic points yet. I think on the LTF we’ll dip once more to shake out early longers — then we’ll continue upward. 🐋