Technical analysis by Bintkhalifa about Symbol BTC: Buy recommendation (8/14/2025)
Bintkhalifa

Bitcoin is currently moving after a strong wave of rise that has reached a top at 124,501, and has entered into a slight correction. Artistic image until the end of the month as follows: 1. The main support and resistance areas: Strong resistance: 124,500 - 127,724 (i.e. a clear penetration that opens the way for 130,000). Primary support: 123,286 - 124,005 (it may act as a re -test area if the price returns up). Equity Zone: 117,800 - 118,200 (important support to maintain the upward direction). Strong secondary support: 111,950 - 113,070 (yawning area - in the event of a deep correction). 2. Rising scenario: Maintaining trading above 118,000 with a penetration of 124,500 enhances the chances of ascending to 127,724 and possibly 130,000 before the end of the month. Purchaential liquidity is still in medium term, but there is a need for a clear penetration with a strong volume to confirm the continuation of the wave. 3. The downward scenario: Breaking 118,000 with a daily closure opens the way for a landing of about 113,000 - 112,000. Fracture 111,950 means a short -term turning trend into a descending, with deeper targets near 110,700. 4. Feelings and price behavior: The market is currently in the case of "assembling above the peaks", which may mean either preparing for penetration or starting profits. The upward momentum began to weaken the small viruses, but there was no confirmed reflection signal yet. Conclusion: The short term (up to a week): anticipate a re -test 124,000 - 124,500. The medium range (until the end of the month): The positive scenario is based on the price as long as the price is above 118,000, while its breaking gives a priority to the correction of about 113,000. Modifying the areas on top (resistance) at the bottom (support)