BTCUSD: FLAT | 18 August 2025
18 August 2025, BTCUSD
Bitcoin’s upward movement has stalled. The price has encountered a strong resistance level. After failing to break through the historical high area twice, there is a risk of entering a prolonged sideways trend or even a significant pullback.
However, if buyers act promptly and prevent sellers from gaining control, there remains an opportunity for a strong breakout to new highs. In this scenario, the rise would be driven by the formation of an extension within wave [iii] of 3.
Currently, the situation remains unclear, so entering any positions is not advisable.
Investment idea: FLAT.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
