Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adam.sandler
on 31/08/2025, 10:40:33 UTC
I have a small analysis. As I was looking at the chart, the price has fluctuated slightly in the past three days. My gut feeling says that there is a possibility of a spring being squeezed. Maybe we will see a consolidation of several days or weeks (this fact that we are on the weekend is also important. We know the impact of weekends on the price trend).

$112,000 has been a highly reactive area, although it has been broken, it has been reacted to a lot before, especially in the past month.
So the first important level will be $112,000, and if it can break this area, it can quickly go to $115,000, which is also an important area on the chart.

Right now, the best strategy that I think is suitable for me is step purchases.

Again, as always, I repeat that nothing is 100% accurate.