Technical analysis by Shavyfxhub about Symbol BTC: Buy recommendation (8/9/2025)

the rejection around $117,576 fits into the current volatile but evolving Bitcoin market, where prices near these peaks face resistance amid institutional inflows, ETF impacts, and changing cycle patterns. Ongoing market sentiment, regulatory developments, and macroeconomic factors will continue to influence whether these resistance levels are eventually broken or retested further. its critical to know that further capital inflow could see 130K-135K and we will see massive correction. and on a flip side a break out of the 4hr ascending trendline will be looking at 99k-100k zone . #btc #bitcoin