Bitcoin Weekly Outlook (Aug 1–7, 2025)
Current Price: ~$118,550
Recent Range: $116,000 – $119,00
ATH in July: ~$123,000
Key Factors to Watch
U.S. Jobs Data (Aug 2): A strong NFP report could pressure BTC; a weak one may trigger a rally.
ETF Flows: Slowing, but still net positive. July 25 saw +$130M inflow (IBIT, ARKB led; GBTC saw outflows).
Technical Level:
Support: $117K
Resistance: $120K
Breakout above $120K → target $125K
Drop below $117K → possible dip to $113K
Market Sentiment
ETF inflows for 13 straight weeks = institutional confidence
Fear & Greed Index: Slightly greedy
Price action flat, but volatility expected post–jobs data
Scenarios
| 🟢 Bullish | Soft jobs data, strong ETF flows → $120K–$125K
| 🔴 Bearish | Hot macro data, ETF slowdown → $113K–$117K
| ⚪ Neutral | Low volume, range-bound → $117K–$120K
Bottom Line: Bitcoin is consolidating just under key resistance. A breakout depends on U.S. economic data and ETF demand. Be ready for increased volatility by Friday.
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