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

https://sahmeto.com/message/3698448

BTC - Irrational Exuberance or breakout continuation

Neutral
Price at Publish Time:
$122,056.06
،Technical،fugutrader

Consolidation occurring in the shape of a rising wedge, a traditionally bearish pattern, as traders assess the recent series of volume assisted breakouts. A natural tendency is to test support before breaking out a third time so be prepared for some pullbacks to previous pivot high support levels.

Source Message: TradingView
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