🔎 📊 Technical picture for $BTC - 🍋endurance test🍋
🚀Everyone is talking about the expected surge in the upcoming week.
🚀Stick to the strategy, don't give in to emotions
🍒What do we see on the $BTC chart?!
Short-term uptrend showing signs of fatigue. After a strong upward spike ($113.5K → $115.7K), the price is consolidating below the local maximum.
MA(7) ≈ MA(25) — a signal of a possible short sideways phase.
RSI is not in the overbought zone — there is still room for growth, but without strong momentum.
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🔮 Forecast $BTC
for today (06.08.2025)
✅ Base scenario:
– Consolidation in the range of $114,800 – $115,800
– Possible short breakout of $116K on volumes, but without strong confirmation
⚠️ Alternative scenario:
– If $114,800 is broken down on volumes — the path to $114,200 and below opens (MA(99) as support)
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📌 Conclusion
While BTC is "resting" after a strong move. The key is volumes: if green candles with momentum appear, $116K will be broken quickly. But for now — more chances for a sideways movement with a slight upward tilt.
🛡️ Trade carefully — the day is perfect for scalping or short-term trades, not for opening large positions.
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