Technical analysis by SroshMayi about Symbol BTC: Buy recommendation (8/25/2025)

SroshMayi

BTCUSD – Weekly Overview Bull run over at $111K? Or just a deeper correction? Bitcoin starts the last week of August under pressure, with traders eyeing a potential retest of $100K after a sharp long liquidation shook the market. Whales are rotating into ETH while smaller holders continue accumulating, leaving BTC at a crossroads. Meanwhile, macro focus remains on the Fed’s “preferred” inflation gauge later this week, as rate-cut bets intensify across risk assets. 🔹 Technical Outlook BTC is currently approaching $110,370 — the key pivot. A daily close below 110,370 would confirm bearish continuation, targeting 106,200 – 102,650 – 100,000. As long as price trades above 110,370, bulls still have a chance. A daily close above 113,800 would flip sentiment back bullish, opening the path toward 120,600 and 124,000. 🔹 Key Levels Pivot: 110,370 Support: 106,200 – 102,650 – 100,000 Resistance: 113,800 – 120,600 – 124,000 ✅ Summary: Bitcoin sits at a critical level. Below 110,370, the correction could deepen toward $100K. But stabilization and a breakout above 113,800 would revive the bull trend, with upside targets at 120K+. Expect volatility this week as macro and earnings catalysts collide.