BTCUSD: SELL 112400, SL 114300, TP 106000. | 22 Agustus 2025
22 Agustus 2025, BTCUSD
The situation with Bitcoin has not undergone any significant changes. The price continues to remain under pressure. A weak attempt to rise failed to deliver the results buyers were hoping for. Most likely, this upward move was corrective in nature.
In this case, we are likely to see a continuation of the price decline in the near term. The downward potential remains quite substantial, so previously opened short positions are recommended to be held.
Moreover, it is worth considering the possibility of opening additional short positions at current market levels. The target should be based on a retest of the minimum established by wave 4.
Investment idea: SELL 112400, SL 114300, TP 106000.
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.
