Technical analysis by yezefe about Symbol BTC on 8/28/2025
yezefe

Hello, Even though I think that there is no healthy market appearance for the crypto this year, I continue to follow BTC closely. I've been standing away for a long time. I think we are in a market without healthy movements to get transactions. When we look at the graph, we have a channel, a harmonic and hopes. At the point we have reached since the beginning of the year, an extreme Bull period is being discussed. Bearish Shark Pattern did not work as expected and broke down without reaching the target. In this process, BTC rose to 120k levels, and I observed that a new price channel was formed during this rise. I observe a potential AB = CD formation in this channel and I think the price can go to around 130k. In line with my experience, the formations that I have noticed in this market can be violated frequently. When I look at the current table, three different scenarios stand out in my head: 1. Will the channel be respected, will we continue to support and continue to rise? 2. Are we going to run the old Shark Pattern and fall down? 3. (I add this as a bonus) Do we have to violate both and know what to do, and we have to draw all the graphics again? Although it is not right to call this place as a definite “no trade zone ,, I prefer to remain cautious for myself and not to rush on the crypto side. Note: The information contained in this graph is for training and analysis purposes. It was analyzed and shared in line with my own information. I don't buy and sell personally. The potential damage that may occur is completely your responsibility. Don't forget to take your investment decisions in line with your own analysis. This is not a graphic investment advice.