📉$BTC analysis 📉 03.08.2025 | 💰
BTC — remains under pressure, despite the short-term response from buyers. After testing the lower boundary of the channel, the price showed a rebound, but a confident break of the descending structure did not occur. This indicates that the market has not yet determined its direction, and any hasty actions may be premature.
On the 1H timeframe, liquidity is being removed and the FVG (113887.6 – 114312.6) is being filled, but the price still has not consolidated above the key level of 114050.2. This remains a critical zone — without a consolidation above it, one cannot expect a sustainable upward movement for now.
In the case of a refusal to break through and consolidate above — there is a high probability of a move back to 111834.7, and then to the lower levels around 110483.1, where potential support is concentrated.
‼️ The short priority remains until the price breaks through and holds above the middle of the ascending channel. Only in this case can we talk about the beginning of a reversal and a full long position.
Currently, BTC looks weak, especially in conditions of decreasing volatility and lack of aggressive buying.