Technical analysis by Nova-Scalper about Symbol BTC: Sell recommendation (9/8/2025)

💎 BTC PLAN UPDATE – Early Week (09/08 ) BTC Analysis (D1 timeframe) Main trend: BTC is in a recovery phase after breaking out of the downtrend channel (blue). Currently, the price is hovering around 112K–113K, approaching a key resistance zone. Key levels: •Near resistance: 113,590 – 114,124 (confluence of Fib 0.382 and EMA 34). •Stronger resistance: 116,150 – 117,600. •Near support: 111,200 (Fib 0.5) and the rising trendline. •Deeper support: 108,400 – 104,800 (previous lows + Fib 0.618–0.786). Possible scenarios: •Scenario 1 (preferred): Price tests resistance at 113,590 → pulls back to 111K–110K → then bounces upward again. •Scenario 2: If strong buying pushes through 113,590 and holds above 114K, the next target will be 116K–117K. Overall outlook: The short-term trend is leaning towards recovery. However, the 113K–114K resistance zone will determine whether BTC continues higher toward 116K–117K, or drops back to retest supports below 111K. 👉 In summary: BTC is recovering, but 113K–114K is the key zone. A successful breakout could open the way to 116K–117K. A rejection could bring price back to test 111K or even deeper at 108K.