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

PersaGold

An update from my latest BTC projection to 140K. Seeing the current market structure and price action, I can start visualizing potential extensions above 140K, reaching 165-170K. As illustrated, some key price action behavior that has occurred that supports the idea of a further bull run. An initial bear trap following by a second one creating even more liquidity which the market will likely target faster and stronger as people go against the trend. Fundamentals keep adding fuel to BTC... US opening up more and more at an institutional level, adding BTC to citizen's 401k's; El Salvador is very likely to be the first country in the world to open a BTC ONLY BANK.. offering private financial services nominated ONLY in BTC; And the list goes on... - Of course, one can't fall in love with the idea and must adapt in case price action shows otherwise... the possibility for a correction to 60K is open, although more and more unlikely as price nears ATH and respects bullish structure. ... GOOD LUCK persaxu.