Technical analysis by Hosein_me about Symbol BTC: Buy recommendation (8/28/2025)

Based on the 4-hour chart for BTC/USDT on Binance, the price has recently experienced a sharp decline after hitting a resistance zone around 124,000-124,500. A descending trendline suggests bearish momentum, with support levels near 113,000 and 111,000. The blue line indicates a potential bounce with a projected rise towards 122,000-123,000 if it breaks above the current consolidation. Watch for a breakout above 124,000 for a bullish confirmation, or a drop below 111,000 for further downside.