Technical analysis by rainbow_sniper about Symbol BTC: Buy recommendation (8/10/2025)
rainbow_sniper

BTCUSDT — D1 Bottom Still Not Complete? The market’s process works with precision. Not yet means exactly that — even if price pushes higher, it will eventually return to complete the bottom formation. On the D1 timeframe, BTCUSDT began forming its bottom on July 24, 2025 at $118,300. On the W timeframe, BTCUSDT started its upward leg on May 12, 2025 (W’s third peak). On the M timeframe, BTCUSDT began its upward leg on October 1, 2023 and is now in the process of forming a top before a potential decline. Our strategy is patience: let BTC complete this final D1 peak. Potential long entries: Around $115,500 Or when BTCUSDT officially completes its D1 bottom formation — at which point we can also long altcoins to ride the next wave of capital inflow.