Technical analysis by discobiscuit about Symbol BTC on 8/27/2025

Bull and bear analysis of BTCUSD. For simplicity, I have a completed impulse off April 2025 low to ATH. Bulls see a zigzag correction completed (green), key support 108757.90 and break above 117439.46 providing some confirmation. Bears see continuing impulse price action to downside, with 117439.46 holding as resistance and 108757.90 breaking as support.