Technical analysis by ScottMelker about Symbol BTC on 9/2/2025

Bitcoin rebounded strongly from the $108K–$109K demand zone yesterday but never came close to retesting the $112K resistance. That leaves the setup largely intact: $112K remains the ceiling that bulls need to reclaim, while $108K continues to act as the key floor. For now, price action is trapped between these two levels, with no clear momentum from either side. Until one of them gives way, expect rangebound trading.