X @Michaël van de Poppe
Michaël van de Poppe·2025-08-04 08:55
Market Trend Analysis - Bitcoin is currently in a crucial resistance zone, indicating a potential move towards a new All-Time High (ATH) [1] - Breaking through the $114.8K and $116.8K levels is essential for achieving a new ATH [1] - A rejection at the current resistance could lead to a retest of the $110K-$112K area [1] Potential Future Scenarios - A retest of the lows is possible before a potential new ATH later in the month or in September [1] - Achieving a new ATH is not guaranteed even after breaking through the current resistance zone, but it's a positive initial step [1]