Technical analysis by Bintkhalifa about Symbol BTC on 8/11/2025

Expect for the week: If the price reaches 123,250-124,500 with weakness in momentum or reflex candles, we may witness a corrective drop of about 119,000-117,000. If the show area is penetrated with a clear closure, the next goal may be near 125,000. The continuation of trading above 120,000 keeps the rising scenario existing, and the fracture of 119,000 may restore the price towards the demand area 112,000-113,000. Conclusion: The current week is decisive, as the approaching price of the show area places us in front of two options: either penetration to continue the rise or a strong correction if the penetration fails.