Technical analysis by SILICIDE about Symbol BTC: Buy recommendation (8/21/2025)

BTCUSD has formed a bullish wedge pattern and already given a breakout to the upside. Price is now retesting the wedge trendline support, which is a healthy move to confirm the breakout. If this retest holds, momentum is likely to continue higher, with the 0.5 Fibonacci retracement level as the next upside target. However, after this leg up, price action could again retrace toward the 110,000 range, which would act as a potential consolidation or support test before any larger move30 min chartWait soon big candle will appear :)looks to be fake breakout112900 SL and hold the trade