📍 ANALYSIS 20-08-25 📍

🔵 After hitting a low of 112,380 dollars, the price of Bitcoin has bounced back from the support zone to exceed 114,000 USD. Here, the price could move sideways for a while before heading towards the next resistance, located above 116,000 USD, and even reaching the control point. In the 4-hour chart, the outlook is favorable for this scenario; while in the daily timeframe, the indicators are still developing. The coming days will be crucial for the price's future, as an important announcement regarding interest rates in the U.S. is expected tomorrow from the FED, and on Sunday, the closing of the weekly candle will take place, which will show us how the indicators develop.

On the other hand, today BTC dominance remains at 59%.$BTC