💎 BTC PLAN UPDATE – Early Week (08 / 25 )
🔎 BTC Analysis
After retesting the 117k resistance zone (117,566 USD), the price reacted with a sharp drop. This indicates that the selling pressure in this area remains very strong.
Currently, the price is falling near the EMA200 (red line ~111,664) – which is a key short-term support level.
📌 Key Reaction Zones
111k – 110k:
This is the confluence of EMA200 + Fib 0.5.
If the price holds, there’s potential for a rebound back to 113k–115k.
109k – 108k:
Next strong support.
If 111k breaks, this zone will be the next critical reaction point.
105k – 104k:
Major long-term support (confluence of Fib extension + old demand zone).
In a bearish scenario, the price could test this zone before bouncing back up.
🌐 Market Sentiment & Expectations
After BTC was rejected at 117k, market sentiment has turned cautious and somewhat bearish in the short term.
However, many traders still expect BTC to hold above the EMA200 to trigger a rebound → if this level holds, sentiment may shift back to bullish, targeting 115k–117k again.
On the contrary, if the price breaks deep below 110k, the market may enter short-term panic and shift focus toward the strong support at 104k.
🔎 BTC Analysis
After retesting the 117k resistance zone (117,566 USD), the price reacted with a sharp drop. This indicates that the selling pressure in this area remains very strong.
Currently, the price is falling near the EMA200 (red line ~111,664) – which is a key short-term support level.
📌 Key Reaction Zones
111k – 110k:
This is the confluence of EMA200 + Fib 0.5.
If the price holds, there’s potential for a rebound back to 113k–115k.
109k – 108k:
Next strong support.
If 111k breaks, this zone will be the next critical reaction point.
105k – 104k:
Major long-term support (confluence of Fib extension + old demand zone).
In a bearish scenario, the price could test this zone before bouncing back up.
🌐 Market Sentiment & Expectations
After BTC was rejected at 117k, market sentiment has turned cautious and somewhat bearish in the short term.
However, many traders still expect BTC to hold above the EMA200 to trigger a rebound → if this level holds, sentiment may shift back to bullish, targeting 115k–117k again.
On the contrary, if the price breaks deep below 110k, the market may enter short-term panic and shift focus toward the strong support at 104k.
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
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NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.