Bitcoin eyes 135 thousand dollars, as the daily structure maintains a strength of 119 thousand dollars star-news.press/wp

Bitcoin moves higher in the daily time frame after violating all the main resistance without its height at all. The upper border test is likely to be before the corrective stage is operated, targeting $ 135,000.

summary

  • 119 thousand dollars is the level of decisive support in maintaining the bullish structure.
  • BTC is close to resisting the high time frame until the highest level ever at 135 thousand dollars.
  • Rejection may lead to the trading of the range between $ 100,000 and the top of the canal.

Bitcoin (BTC) has wiped multiple resistance levels, leaving only the highest level at all times. Once this final barrier is violated, it can lead to an accelerated payment in the high -resistance area of the channel. However, this field may serve as a ceiling for price procedures, which leads to rejection and rotation again towards fixed support.

Main technical points

  • Current support: 119,000 dollars are still decisive to keep the upper projection.
  • Immediate goal: High resistance channel above the highest levels ever.
  • Possible rotation: Rejection when resistance can re -test $ 100,000.
BTCUSDT (1D), Source: Tradingvief

Technically, the Bitcoin price towards the upper areas of its commercial channel is attracted at $ 135,000. The collapse through previous resistance levels created a clear path towards the highest level ever, and after that, the upper limits of the channel.

This resistance area is important, as historical procedures indicate that Bitcoin often stops or is reflected after it extends to the resistance of the high time frame. Rejection from this field will not necessarily finish the bullish structure, but it will likely lead to a rotational step again towards supporting $ 100,000, putting BTC in a wide standardization stage inside the channel.

The main bullish condition is that support worth $ 119,000 continues to keep it on the basis of closing. This level now works as a structural anchor for the current rising arrangement. The violation below will turn the market dynamics towards a deeper correction and possibly re -test the lower range levels.

In the short term, the basic procedure is still prepared for more bullish direction. Merchants should closely watch momentum transformations with BTC approaching the high resistance area. The continuous purchase volume through this area can open the door to rapid discovery, while rejection would confirm the expected behavior related to the range between $ 100,000 and the top of the canal.

What can be expected in the next basic procedure

Bitcoin is likely to continue in the direction of a high channel, located above the highest level at all times. Rejection from this region can lead to a long range between $ 100,000 and the upper channel resistance at $ 135,000.

https://crypto.news/app/uploads/2025/07/crypto-news-Bitcoin-bull-option09.png

2025-08-11 20:45:00

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