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

https://sahmeto.com/message/3692205
Crypto_robotics
Crypto_robotics
Rank: 239
3.2
Buy،Technical،Crypto_robotics

Hello everyone! This is the daily update from a CryptoRobotics trader-analyst. Yesterday, Bitcoin tested the local volume area at $115,800–$114,900 and then continued its upward movement, reaching the lower boundary of the strong resistance zone at $117,600–$118,600 (accumulated volume), followed by a pullback. Currently, the price is hovering around the volume support zone near ~$116,400. Selling pressure is relatively weak and is being absorbed by buyers — which is confirmed by delta data. This makes it reasonable to expect another wave of buying and a deeper test of the resistance zone. After that, we’ll watch closely for the seller’s reaction. Buy zones: • ~$116,400 (local volume support) • $113,300–$112,700 (local absorption of selling) • $110,000–$107,000 (accumulated volume) Sell zone: • $117,600–$118,600 (accumulated volume) This publication is not financial advice.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Valid Until:
2 Day
Profit Target:
$118,100
Stop Loss Price
$116,050
Price at Publish Time:
$116,769.88
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