#š BTC Analysis ā August 11, 2025
Bitcoin has tapped into a key liquidity zone around 121,800 USDT, aligning with the CME Futures gap between 119,130 ā 117,680. Historically, CME gaps tend to get filled, and the current structure hints at a possible retracement before the next big move.
Key Observations:
CME Gap Below: 119,130 ā 117,680 remains unfilled, acting as a magnet for short-term price action.
Price Action: BTC rejected slightly from the 121,800 supply area, forming short-term resistance.
Support Zone: 118,000 red zone (previous demand) could be the first stop if selling pressure increases.
Trend Context: Strong bullish momentum from earlier sessions, but overextended conditions may invite a healthy pullback.
Scenario:
If BTC fails to break and hold above 122,000, we could see a retracement into the CME gap zone before bulls attempt another push. A clean sweep of 117,680 would reset liquidity and potentially fuel the next leg upward.
šÆ Short-term Bias: Bearish retracement towards 118,000ā117,680.
š Mid-term Bias: Bullish continuation after gap fill.