Market Analysis of Bitcoin on Tuesday 05 August 2025

2025-08-05 10:04Source:BtcDana

Bitcoin / Dollar intraday: as long as 114180 is support look for 117150

 

114180 is our pivot point.

 

Our preference:

As long as 114180 is support look for 117150.

 

Alternative scenario:

Below 114180, expect 113020 and 112340.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 115046 and 114746).

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