Technical analysis by BitcoinGalaxy about Symbol BTC on 8/22/2025
https://sahmeto.com/message/3729139
BitcoinGalaxy
Rank: 226
Analytical Power:
3.2
Bitcoin has reached to a major resistance area between 120k to 130k, which is the resistance zone since 2021 tops. This is the second rejection in this cycle. A fake breakout to $130,000 may occur, but the monthly candle could close below this resistance again.
Translated from: English
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Signal Type: Neutral
Time Frame:
1 monthPrice at Publish Time:
$112,942.77