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

https://sahmeto.com/message/3761552
BeInCrypto
BeInCrypto
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At the time of writing, Bitcoin trades at $112,221, holding firm above the $110,000 support. This resilience reinforces the four-month uptrend line and signals potential short-term gains. The momentum is intact, with BTC eyeing higher levels. If sustained, Bitcoin could climb past $112,500 and head toward $115,000. Yet to reach a new ATH, history suggests BTC might need to drop to $101,634 first, setting the stage for a stronger breakout. On the flip side, if profit-taking escalates, BTC could slip toward the retracement level sooner. But should fear-driven selling dominate, the price risks falling below $100,000, which would invalidate the bullish outlook and extend the correction phase.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$112,311.78
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