Technical Predictions for BTC !!

Quick Context: Bitcoin reached an all-time high >$124k on August 14, 2025, and pulled back to the 117k–118k zone. The dynamics are closely linked to spot ETF flows.

Recent Flows: BTC ETFs returned to net inflows last week; CoinShares reported +US$260m for BTC and +US$572m globally, with ETH leading total inflows. Daily data from Farside allows monitoring of flow turns.

Technical Levels (spot):

Resistances: 120k (psychological), 124–125k (ATH). Daily close >125k enables 130–135k and extension to 150k if flows support it.

Supports: 116–114k (demand zone), then 112k and 108k.

Probable Scenarios:

Bullish: sustained recovery >120k with increasing ETF volumes → reattempt at 124–125k.

Bearish: loss of 114–116k in daily close → risk of correction towards 112k / 108k, especially if ETFs show outflows.

Points to Watch: inflation/employment readings in the U.S. and variation of daily net flows (Farside).