$BTC 🚀Bitcoin Holds $114K Amid Market Turbulence – Key Levels to Watch!
August 6, 2025 — BTC/USDT is trading at $114,114.30 (+0.89% today), defending critical support at $112,650 (24H low) after a 3.51% weekly dip from its ATH of $123,218 89. Institutional demand remains robust, with $12B+ 24H volume and 6.71% monthly gains highlighting Bitcoin’s resilience.
Why BTC Now?
Technical Setup: RSI at neutral (54), with a breakout above $115,290 (24H high) potentially targeting $119,800 (weekly resistance).
Whale Activity: $8.8M+ buy orders stacked near $114K signal accumulation.
Catalyst: Fed rate cut odds (72%) and Bitcoin’s 95.98% yearly surge fuel long-term bullish sentiment.
Trade Plan:
Buy Zone: $113K–$114K (50-day SMA confluence).
Target: $115K → $119.8K (breakout retest).
Stop-Loss: Below $112K to hedge downside.
📌 Volatility Alert: Watch for liquidity grabs near $114K!
Key Stats:
30D Performance: +6.71% | Liquidity: $12B 24H volume .
Sentiment: Neutral (technical indicators) but strong buy on weekly charts.
Data via Binance Live. DYOR—markets move fast!
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