8.25 Morning BTC Analysis
After a sharp rise, Bitcoin significantly retraced, touching 115640 before a deep adjustment, stabilizing around 112855.
On the hourly level, the price is in the lower range, with a short-term weak bias; however, support at 110484 is strong, and the MACD green bars are narrowing, indicating a potential rebound.
Buy between 112500 - 113000, with a target of 113800 - 114200.
Support betting on Bitcoin, follow the trend for long positions, and capture profit from the recovery!
