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Technical analysis by Sive-Morten about Symbol BTC on 8/18/2025

https://sahmeto.com/message/3715448
Sive-Morten
Sive-Morten
Rank: 83
3.7
،Technical،Sive-Morten

Morning folks, So, potential patterns that we discussed last time even had no chances to be formed, market just collapsed. It is not a surprising moment. In our weekly reports we paid a lot of attention to the US liquidity as a main fundamental driving factor. The maths here is very simple 1+Trln borrowing in 2 months. It is yet to borrow net ~250-300 Bln, while RRP liquidity source is exhausted already. Additionally US Treasury need to accumulate 300 Bln more on its TGA account. All this liquidity will be drained from the market. BTC will be under direct impact of this stuff. Now 114 K support area seems vital in short term. We intend to watch for patterns around it and week close price. If BTC drops lower, next area to watch is 110-111K support. I do not want to speak what will happen if it will be broken, but don't exclude retracement back to 70-80K area in this case. To remind you we still have all-time 127K target. At least following normal technical behavior, I hope that BTC will try to reach it first, before collapse will happen. This is the reason of our special attention to 114K support.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$115,530.64
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