Technical analysis by ProfitMagnet-Pro about Symbol BTC: Buy recommendation (8/19/2025)

ProfitMagnet-Pro

Bitcoin (BTC/USD) on the 4H chart is forming a potential rectangle pattern, consolidating between the resistance area near 124,000 and the support level around 114,000. Key highlights: Price action has shown multiple Break of Structure (BOS) and Change of Character (ChoCH) points. Market is respecting the support zone near 114,000 – 115,000, marked as a strong low. If buyers defend this level, BTC could bounce toward the demand zone (118,000) and potentially retest the resistance area at 124,000. A breakdown below 114,000 would invalidate the bullish setup and open the way for deeper correction. As long as the support level holds, probability favors a bullish rebound. However, traders should monitor for a clean breakout above demand for confirmation. This analysis is for educational purposes only. Not financial advice.Trade has been active " Risk manage has properlyTARGET has been successfully . Risk mange has properly