#شارك_أفكارك_حول_BTC
Technical Analysis of Bitcoin (BTC) – August 3, 2025
Bitcoin (BTC) is experiencing a relative decline during today's trading, with the price currently trading around $113,700 after breaking the psychological support level of $115,000. This drop comes amidst clear selling pressures and a lack of strong buying momentum in the short time frames.
Technical indicators suggest a state of selling exhaustion, as the Relative Strength Index (RSI) approaches the level of 30, which may pave the way for a short-term technical rebound. Momentum indicators such as Stoch RSI are also showing potential reversal signals, especially with the price nearing strong support areas at $112,000 – $110,000.
On the other hand, moving averages indicate a generally upward trend in the medium and long term, with the price still above the 200-day moving average. However, the most significant resistance currently remains at $116,000 – $118,000, which buyers must break through to confirm the restoration of the upward trend.
Overall, Bitcoin is in a critical technical zone; any rebound from the current support could push the price to higher levels, while continued breaking may open the way towards $109,000.
This is general information and not financial advice. For personal guidance, please consult a licensed financial advisor.
