{"id":34666,"date":"2025-08-11T05:59:28","date_gmt":"2025-08-11T05:59:28","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=34666"},"modified":"2025-08-19T06:53:17","modified_gmt":"2025-08-19T06:53:17","slug":"bitcoin-technical-analysis-report-11th-august-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-11th-august-2025","title":{"rendered":"Bitcoin Technical Analysis Report – 11th August 2025"},"content":{"rendered":"\n

Bitcoin surged to $118,760 over the weekend, marking fresh August highs ahead of a decisive weekly close. Weekend trading brought $350M in liquidations, fueled by economic uncertainty and questions over AI sector sustainability. Despite risks, analysts point to three key drivers that could push BTC far beyond its $2.3T market cap, with some predicting a challenge to gold\u2019s $23T valuation. Broader monetary expansion and potential decoupling from tech stocks are seen as catalysts, with Nvidia\u2019s trajectory hinting at a shifting investment landscape. <\/p>\n\n\n\n

At the time of writing, BTC was trading at $120,655.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

After making an all-time high of $123,218, BTC witnessed some profit booking, and the price corrected by almost 9.5%, dropping to $111,920. Following this move, the asset faced resistance at the downsloping trendline and traded in a \u2018Descending Triangle\u2019 pattern. BTC eventually broke out of this descending triangle, which had been forming for several days. The breakout occurred with strong bullish momentum and a significant green candle accompanied by high volumes. The asset has strong resistance at $125,000, and to rally further, it needs to break, close, and sustain above this level.<\/p>\n\n\n\n

Key Levels:<\/strong><\/p>\n\n\n\n

Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset <\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2<\/strong><\/td><\/tr>
$100,000<\/td>$110,000<\/td>BTC<\/strong><\/td>$125,000<\/td>$145,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Unravel everything that you need for your crypto journey via ZebPay blogs<\/a>. Get started today and join 6 million+ registered users on ZebPay!<\/p>\n\n\n\n

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TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin surged to $118,760 over the weekend, marking fresh August highs ahead of a decisive weekly close. Weekend trading brought $350M in liquidations, fueled by economic uncertainty and questions over AI sector sustainability. Despite risks, analysts point to three key drivers that could push BTC far beyond its $2.3T market cap, with some predicting a […]<\/p>\n","protected":false},"author":1,"featured_media":31903,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[17,79,310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/34666"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=34666"}],"version-history":[{"count":4,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/34666\/revisions"}],"predecessor-version":[{"id":34782,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/34666\/revisions\/34782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/31903"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=34666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=34666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=34666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}