Technical analysis by Strength_in_numbers about Symbol BTC: Sell recommendation (8/10/2025)

We have broken out of a downtrend however I think BTC might see a bit of a pullback early in the week. Observing a bearish div. And looking at a break inthe RSI uptrend. There is a liquidity Zone between 114.7K - 115.7K which would also coincide with the 618 fib. I think that one lf two paths is likely to play out: 1) a bounce off the 0.5 fib and said downtrend. 2) a bounce off the 618 fib which would bring back underneath the downtrend before eventually moving up again to the 120K region. I think option 2 is more likely as there is liquidity here to grab and would also fake-out the bulls. Both options are expected to happen approximately by Wednesday. Once we get to the 120K zone I think this will send BTC into a parabolic run into end of the Q4.