Technical analysis by setbet215 about Symbol BTC on 8/8/2025

In the last Bitcoin analysis, I announced a price of $113,000 for entry, after which we saw the price grow to $117,000. Now Bitcoin is at the ceiling of a descending channel (of course, money back). If the channel ceiling breaks, it could move back towards the price ceiling of $124,000. Otherwise, it could move back towards $112,000. This analysis is not a financial recommendation. Crypto is a very risky market and you may lose some or all of your money in it. Especially futures trading.