Technical analysis by paper_Trader1775 about Symbol BTC on 8/9/2025

BTC is at a binary point on the weekly chart consolidating at oversold levels and bearish divergence. But here on the lower timeframe there is possibly a bullish consolidation in the form of an ascending triangle. Bulls need to maintain the trendline and clear 117,000 price area, the bears ultimately want 115,900 prices. Please be careful of fakeouts and be patient. Please observe key levels and always do your own TA. Thank you for hitting the like and your positive feedback.