Technical analysis by Matthew_8888 about Symbol BTC: Buy recommendation (8/13/2025)
https://sahmeto.com/message/3706259

After testing the lower boundary of the ascending channel, Bitcoin quickly rebounded upward, aligning perfectly with the technical outlook mentioned two days ago. From a 4-hour perspective, the recent pullback was a normal retracement following the breakout of a key resistance level, with diminishing trading volume indicating limited selling pressure. The bullish trend remains intact, and the current trading strategy should still focus on buying the dips, particularly near the lower trendline support zone, while staggered entries based on candlestick reversal signals. If the price consolidates above the mid-channel line, it may further unlock upside potential.
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Signal Type: Buy
Time Frame:
1 hourValid Until:
2 DayPrice at Publish Time:
$119,946.61