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Technical analysis by Orriginal about Symbol BTC on 9/8/2025

https://sahmeto.com/message/3760914
Orriginal
Orriginal
Rank: 694
2.8
،Technical،Orriginal

This chart uses the SMA, Simple Moving Average Red = 50, Blue = 100, Green = 128, Yellow = 200 The weekend was calm and very low trading. PA is ranging along the 100 SMA and sitting, waiting. PA has the potential to move in either direction right now but the Bulls are certainly present, Keeping PA static. Daily MACD remains Bulish with room to move higher, Histogram is Green On the shorter term 4 hour, we can see how the 50 SMA is supporting PA while the 100 is currently the line to cross at 111582 PA has support below and is avobe the VRVP POC ( red dots ) Shorter term certainly appears more Bullish The 4 hour MACD also shows this The MACD came down and tested neutral line as support and the Histogram here is alo Green. But understand, this does NOT guarantee a rise further. The lines of Resistance abive are growing. Currently, beginning aroun 113K The Blue line on the Daily chart is the ultimate Goal to be crossed. This is a LONG Term line of resistance that has rejected EVERY ATH since 2011. It is the only line that has done this and what is important to know, this is a Calculated Arc, part of a Fibonaccj Spiral ( as explained in a previous post) This is the Bigger picture, PA from November 2009, the year after Bitcoin Was born As you can see, PA is being Sqqueezed and HAS to react before January 2026 or face stiff rejection below that Long Term line of support ( dashed line) What ever happens, this IS the beginning of a New Era, Cycle of Bitcoin. And this is why we need to pay so much attention to Bitcoin right now. We MUST rise above that blue Arc of resistance.... And Curently, we are HERE....shown in the chart below. This is a daily chart from November 2024 PA has been trying to get above this blue Arc since then. And we are right under it again now, Target price to get to and hold Above this Blue Arc is around 117K We may wait till the FED tells us its decision on interest rates this month.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$111,812.46
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