Basic Points:
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Bitcoin manages a daily candle near its downtrend for the first time since mid-August.
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This means that a breakout should be “confirm,” according to the review.
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BTC price expectations are different between merchants, who still rely on new lows.
Bitcoin (Btc) has a new reversal signal that can end two weeks of BTC price losses, the review has a hint.
BTC price closes above the key line line
Data from Cointelegraph Markets Pro and Tradingview The BTC/USD closure was announced outside a downward run line for the first time since August 13.
Bitcoin’s proponents are eager to see the confirmation That most of the latest correction in the bull market is over.
Early clues such as a DIFFERENCE -BUSINESS BUSINESS In Kamag -child Index Index (RSI) is accompanied by a rebound from the Multiweek lows of $ 107,270.
Today, the entire retraction from the entire August hour is challenged in the daily chart.
Number mentioned Through the businessman and analyst Capital rectual, Tuesday’s sunny candle sought to break a few weeks of down -to -down resistance, something that eventually succeeded in labor.
“BTC is trying to break the two-week daily fall,” he wrote in a X post At the time.
“Daily near the top of the downtrend and/or post-breakout retest will confirm the breakout.”
Bitcoin entrepreneurs have eyes of $ 112,000 short -term avoidance
BTC/USD spun $ 111,000 at the time of writing on Wednesday, leading some Key US macroeconomic data prints.
Related: The bitcoin to see ‘another big thrust’ up to $ 150k, eth pressure forms: commodity secrets
Among the market participants, however, opinions continue to vary the fate of the Bitcoin Bull market.
Call for a Retest of $ 100,000 or less Remains, along with pseudonymous businessman and analyst Il Capo of Crypto, known in his bearish market lasting, telling X followers to “prepare for impact” during the day.
Prepare for the effect.
– Il Capo of Crypto (@cryptocapo_) September 3, 2025
Many put importance to $ 112,000 as a target FLIP resistance.
“It’s hard to see what $ BTC can do in this fight,” Crypto businessman, analyst and businessman Michaël van de poppe Summary.
That place in conjunction with a patch of inquire of liquidity in exchange books, such as that -flag of Coinglass.
“Liquid buildings above 112-112.4K,” Trader Killa mentionedwith fellow businessman Daan Crypto Trades Calling $ 114,000 a “main place to watch” for the same reason.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
