Peace be upon you and God's mercy and blessings
Bitcoin update today, Monday 8/12/2025
Bitcoin has been trading within a corrective technical framework since it reached the $80,000 area, and this correction is still incomplete. It is expected that we will see movement in prices with the start of the weekly opening tonight, especially since this week is important and full of news, particularly on Wednesday with the Federal Reserve meeting, and it is expected that the market and Bitcoin will price themselves before Wednesday.
As shown in the image, if Bitcoin rises and maintains the $95,000 area, it is expected that we will see an increase to the $98,000 areas in the short term, then to the $103,000 areas. However, if the price drops to the $88,000 areas again, the target will be the $86,000 area, and if it does not bounce back from there, it is expected to test the $80,000 area again, and if it maintains it, it will head towards the seventies. This is known only to God.
*Note: Trading within the corrective model is difficult and may lose you money; try to avoid trades until the signals of the coming direction become clear.
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