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Posted: 2025-08-02 07:53:21 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-08-02 07:53:34 UTC
Verified By
Rollup News
Bitcoin has successfully filled a gap and captured a vector candle on the 4-hour chart, but faces potential correction down to the 110-112k level. Maintaining the 113k level is crucial to avoid breaking out of the falling wedge pattern. A short-term recovery to 117k is needed to preserve the uptrend. The probability of a rate cut in September has increased due to worse-than-expected data.
Bitcoin's successful gap fill and vector candle capture.
Potential correction down to the 110-112k level.
Importance of maintaining the 113k level to avoid breaking the falling wedge pattern.
Need for a short-term recovery to 117k to preserve the uptrend.
Increased probability of a rate cut in September due to poor data.
Potential correction down to the 110-112k level.
Risk of breaking out of the falling wedge pattern if the 113k level is not maintained.