BTCUSD: SELL 110300, SL 112500, TP 100000. | 27 Agustus 2025
27 Agustus 2025, BTCUSD
Bitcoin price remains under strong selling pressure. The rate declined and broke the recent low, followed by a desperate attempt by buyers to stabilize the market. Even if some recovery occurs, it is likely to be corrective in nature. In any case, the probability of further decline in the price of this “digital gold” remains high.
In this scenario, traders can focus on the current local minimum. A breakdown of this level could serve as a strong signal to enter new short positions.
The internal structure of the ongoing decline is still unclear, but greater clarity should emerge over time.
Therefore, in the near term, it is advisable to wait for an opportunity to enter short trades upon a confirmed breakdown of the current local low.
Investment idea: SELL 110300, SL 112500, TP 100000.
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.
