Technical analysis by evasivesteering about Symbol BTC on 8/31/2025

BTC is approaching a weekly close below the 120D EMA. If this breakdown is confirmed, we could expect BTC to move lower towards the 50W EMA. If the 120D EMA break is confirmed, my plan is to: Reduce my altcoin positions. Wait patiently for potential long opportunities at around the 50W EMA area ($90,000-$95,000) If the 50W EMA is broken by a weekly candle, then it's very likely BTC will have a big correction (in bearish phrase). Please also check my long-term BTC prediction with the below link. It seems BTC is facing a very strong resistance zone. I’m not certain this is the cycle top as suggested in the analysis, but I remain cautious about what’s ahead for the crypto market and have already started reducing my exposure. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control.EMA 120D was broken. It's very likely that prices are going to retest the EMA 50W