Technical analysis by cryptodailyuk about Symbol BTC on 8/21/2025

1. Main trend (short -term) • The price is under the downward trend line (black line). • Until this trend is broken up (approx.> 113,000–113,500 USD), the advantage remains on the Bear (inheritance) side. 2. Support and resistance • The next support: 112.017 USD (if it falls → the next target is USD 111,232 and then 110.015 USD). • The nearest resistance: USD 112,959, then USD 113,528 and a stronger level of USD 114.667. 3. Candle formation • The last candle tests support at USD 112.017 and a defense attempt (lower wick) appears. This may suggest a short reflection, but still as part of the inheritance trend. 4. Oscillators (Stochastic RSI at the bottom of the chart) • The indicator is in the sales zone (<20) and begins to turn up → a signal of a potential short -term reflection (SCALP LONG). • However, if the reflection does not overcome the downward trend line, it will be just a correction rather than a change in the trend. ⸻ 📊 short -term scenarios • Bullish (reflection): If BTC maintains USD 112,000 and stochastic, he pulls up, possible traffic up to $ 112,950-13,500 (Trendline test and resistance). • Bearish (continuation of declines): a breakdown of USD 112,000 opens the road to USD 111,200 and even USD 110,000. ⸻ 📝 Application • Trend for 1H: inheritance. • Short -term signal: possible reflection from support (112K → 113.5k), but until the price boosts the downward trend line, the scenario of further declines dominates. • Key level for observation: USD 112,000 (maintenance = reflection, breaking = further declines).