Technical analysis by SepidehArjmand about Symbol BTC on 6 hour ago

📊 Bitcoin (BTCUSDT) Technical Analysis – August 11, 2025 🔹 After breaking the downtrend line, Bitcoin rallied to the key resistance zone at $122,000 before starting a pullback. 📉 Bearish Scenario: First support: $118,273 (confluence with the broken trendline) Second support: $117,000 📈 Bullish Scenario: If BTC bounces from these supports, the first target is $122,000 A strong breakout above this level opens the way to the next target at $129,000 ⚠️ Note: Always wait for strong candlestick confirmation before entering any position. #BitcoinAnalysis #BTCUSDT #Crypto #Bitcoin #TechnicalAnalysis #Cryptocurrency #Trading #PriceAction #CryptoTrading #BTC