Technical analysis by POLARMARKET about Symbol BTC: Buy recommendation (8/12/2025)

The weekly timeframe shows that Bitcoin is able to reject from EMA8, which indicates that there's an opportunity for Bitcoin will keep still on its Bullish trend, making its all time high reaching to a range of $130,000 and possible the highest is $134,000. However, we need a confirmation for the price to breakout from its previous resistance in a range area between $122,000 and $123,000