Technical analysis by ebadshafi89 about Symbol BTC on 8/16/2025

Scenario 1 – Direct Upside Move BTC holds current mid-channel structure and builds momentum. A push toward $134,000 comes first, driven by bullish sentiment and strong inflows. After the rally, possible rejection sends BTC back down to retest $100,000 before any continuation. This path suggests an earlier breakout, followed by a mid-cycle correction. Scenario 2 – Deeper Correction Before Final Rally BTC breaks lower within the channel, sliding toward $94,000 . A wick to $90,500 may form, testing major horizontal support and channel base. This coincides with the September 2025 Fed rate cuts , which could provide the macro catalyst for reversal. From there, BTC rebounds sharply, igniting a strong year-end rally toward $134,000 . This second scenario may align more closely with macro timing, where policy easing sparks the next leg higher. Conclusion: Both scenarios project $134k as the next major upside target. The path differs: Either a direct move with a later retest of $100k (Scenario 1). Or a final deeper flush to $90–94k before the September rate cuts, then a powerful year-end rally (Scenario 2).