Technical analysis by ceciliones about Symbol BTC: Buy recommendation (8/7/2025)

ceciliones

📊 This is a weekly Bitcoin chart with a key insight you should pay close attention to: In a bullish trend, you’ll always notice higher highs being formed. Once price breaks the previous high, it's typically a strong confirmation of bullish continuation, as shown by the BOS (Break of Structure) levels marked in blue on the chart. 🔻 The BOS level must not be broken to the downside — if that happens, it signals a trend reversal from bullish to bearish, just like what occurred at the red zone I highlighted. ✅ Currently, Bitcoin has broken its previous high to the upside, which indicates the bullish trend is continuing. 🎯 Next target: $150K. ⚠️ However, if BTC pulls back for a retest and fails to bounce quickly, it will be considered a strong sell signal. That would likely lead to a correction back down toward the $80K zone. Best regards: Ceciliones🎯