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

https://sahmeto.com/message/3762569

البيتكوين يقترب من القمة التاريخية: هل ننتظر كسر قمة 120000

Neutral
Price at Publish Time:
$112,116.33
،Technical،Smart_Scalping_OSM

Bitcoin technical analysis - weekly framework The current situation: The current price: approximately 112,200 The general trend: a strong rising within a rising channel Main points: 1. The emerging canal: Bitcoin has been moving within a clear emerging channel since 2023 The price is currently approaching the upper limit of the channel at $ 120,000-125,000 2. Support and Resistance levels: Strong Resistance: $ 120,000 (the top of the channel) Important support: $ 100,000 (important psychological level) Secondary support: $ 85,000-90,000 (previous support zone) 3. The direction: Long -term trend: rising strongly Breaking the level of $ 100,000 successfully and turning to support Expected scenarios: Positive scenario: Breaking the level of $ 120,000 may pay the price about 140,000-150,000 $ The continuation of the rising momentum within the channel Correct scenario: A $ 120,000 bounce towards a region of 100,000-105,000 $ This will be a healthy correction of the upward direction Recommendation: The general trend remains ascending, but it is recommended to be cautious at $ 120,000, as we may witness a temporary correction before completing the rise. Note: This analysis of educational purposes, not an investment advice

Translated from: Arabic|
Source Message: TradingView
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