Technical analysis by Bullish_Traders about Symbol BTC: Buy recommendation (8/5/2025)

🔥 Well, the previous update played out perfectly — the price dropped to the $12K support area and bounced back strongly. Now, let’s talk about my next plan for Bitcoin 📥 At the moment, there’s a clear bullish flag forming on the chart. Price has bounced from the 1.618% PRZ (Potential Reversal Zone), which I’ve labeled as wave C of the larger corrective ABC structure. 📈 From here, I’m expecting a new bullish rally, with the next major target around $130K.