📉 Bitcoin August Outlook: Cautious but Constructive

Current Price: ~$114,500

Short-Term Support: $112,000

Critical Resistance: $115,000

Potential Drop: Historical August dips suggest BTC may retest $105,000

Bounce Zone: $112,000–$114,000 has held firm; a breakout above $115,000 could target $118K–$125K

📊 Technical Signals:

Bull flag pattern reestablished

TD Sequential ‘9’ Buy Signal

Rising accumulation from institutions (e.g., Metaplanet buying 463 BTC)

🧠 Conclusion:

Watch the $112K–$115K zone closely. A break below $112K could signal deeper downside, but a strong move above $115K may reignite the uptrend.#Write2Earn #BTC #BİNANCE