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Automatic technical analysis. Medium term, Aug 21, 2025
Bitcoin has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has met the objective at 115727 after a break of the rectangle formation. The price has now fallen, but the formation indicates further rise. The currency has support at points 106000 and resistance at points 123000. The currency is overall assessed as technically slightly positive for the.