#BTC走势分析 #CPIWatch

$BTC Bitcoin Technical Analysis – August 12, 2025

Current Landscape: Bitcoin is consolidating between $118K–$120K, struggling to surpass critical resistance near $122K–$123K.

Key Scenarios to Watch:

Bullish Breakout: Overcoming $122K–$123K could unlock upside, targeting $127K–$128K as per Fibonacci extensions and bullish channel patterns.

Bearish Risks: A double-top pattern forming around the $122K level raises caution. A confirmed breakdown below $112K could trigger a drop toward $100K.

Support Zones: Strong support lies between $114K–$115K, reinforced by a bullish retest of the multi-year breakout trendline. Beneath that, the $110K–$112K zone serves as a line in the sand.

Macro Catalysts:

An executive order encouraging crypto in retirement accounts and institutional inflows—like $260M into Bitcoin funds—are fueling bullish sentiment.

Bottom Line: Bitcoin is at a critical juncture—poised for a breakout if it sustains above resistance. But current technical formations and near-term risk zones warrant cautious optimism.