#BullishIPO

‌‎$BTC ‎#BTC Comprehensive Analysis of Bitcoin

⏰ 1h Chart

📄 The current price movement is within our most important range now, which is between 116413 - 119255

◀️ What is holding the price movement at this moment is the level of 117251, which is the average price with trading volume since the rise from 107400

📄 It's important to note that losing 116413 will open the door for a correction to more ranges with demands + liquidity between 114988 - 113244, and there is also the level of 114519, which is the average price with trading volume since the rise from 98115

⭕ The overall situation is a positive structure regardless of the extent of the correction, but the trader here must be cautious about how to deal with these fluctuations and know where liquidity is accumulating in the market

◀️ Restoring actual upward movement depends on two things:

1⃣ Restoring movement above 119255

2⃣ Bringing liquidity and demands from the support range below 116413 to gain momentum for the rise

⏰ The movement next week will be important and will give us a preview of how the movement will be during the month of September, especially since the news is conflicting between reducing and stabilizing interest rates on the US dollar, and also September marks the end of the third quarter of the year, after which we enter the most important period in the markets, which is the fourth and final quarter of 2025