Technical analysis by Martechnic about Symbol BTC on 8/19/2025

As said in the title, looking for a distribution pattern to play out in Bitcoin. Please keep in mind that this is playing out on a relative lower timeframe. So one might see this as in-between sorcery while HTF trend continues to be up. If it plays out like this, it means BTC will remain in a horizontal consolidation area allowing ETHEREUM and TOTAL3 to continue to perform. Which in turn means we might see more bullish PA on ETH and ALTS over the next 1-2 months. When BTC indeed reaches a UTAD phase, there should follow a market-wide drop for cryptocurrencies. This market-wide drop might be a steep one, dragging alts down -50% or such. But, if the HTF trend continues to be up, this might become a drop that is worth buying and leading towards a blow-off top phase towards 2026?