📈 Current Technical Analysis (August 12, 2025)

Main Resistance: Ranges between $120,500 and $122,000. Breaking this area could open the way for new levels reaching $130,000.

Strong Support: Around $118,000, which is an important level to maintain the upward momentum. Breaking this support could lead to a pullback towards $115,000.

Technical Indicators:

RSI: Approaching overbought levels, which may indicate a potential correction soon.

MACD: Shows a bearish divergence, which may indicate weakness in the upward momentum.

🧭 Future Forecasts

Bullish Scenario: If Bitcoin can stay above $118,000, it may target levels of $130,000 to $140,000, especially with expectations of declining interest rates in the United States.

Bearish Scenario: If the $118,000 level is broken, we may see a correction towards $115,000 or even $110,000.

✅ Recommendation

If you are considering entering a trade now:

Buy: You can buy at $118,000 with a stop loss set at $115,000.

Sell: If you hold Bitcoin, it may be wise to take partial profits at $120,500, while monitoring the market for subsequent decisions. $BTC

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