#BTCUnbound
Bitcoin Today (August 7, 2025) – Market Snapshot
Current Price: Around $116,319, with intraday highs near $116,747 and lows dipping to $113,851.
Support & Resistance: Bitcoin is hovering just below a key resistance zone at $115K–$115.5K, testing its 50-day moving average—a sign that the market might be running out of short-term momentum.
Potential Upside: According to trader-led analysis, BTC is retesting a support pattern similar to one observed in late 2024.
If upheld, this could pave the way for a fresh 50% rally, taking prices toward the $120K–$130K range.
Overall Sentiment: Market dynamics appear fragile, with mixed signals across technical and institutional fronts.