Technical analysis by OrkinosXBT about Symbol BTC on 8/7/2025

The closures on the green wrap area for Bitcoin are critical for the continuation of the rise. Although there has not yet been a clear closure, time in this region may be a positive signal in terms of price. I am waiting for an orientation to the gray area with a possible rise. However, the price is likely to test the green area again. Unless we stay under the channel, I do not expect the sales pressure to increase significantly.