Bitcoin 112K has caught the rebound! It can only reverse if it breaks through 117K!
Bitcoin has once again touched the bottom and started to rebound. This time it just happened to catch the position at 112K. Yesterday I reminded my brothers to pay attention to the second exploration of the market. The overall small levels and expectations are very consistent. Did my brothers get on board the long positions this time?
Regarding the trend: $BTC
The current small level has touched the bottom and rebounded, but there seems to be some resistance. The short-term pressure above should be around 114800, and the important pressure zone is in the range of 116800-117K. Here, we still hope to complete the rebound and rise. Only by breaking through the key pressure zone can there be a possibility of reversing the small level into an upward trend!
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BTC Analysis: August 22, 2025 Daily Chart
