Bitcoin Weekly Chart Analysis ā Simplified & Clear (As of July 30, 2025):
šø Current Price:
Approximately $118,300
šø Overall Trend:
ā Strongly Bullish
⢠Bitcoin has been in an upward trend since breaking above the $85,000 level months ago.
⢠The latest weekly candle closed at a new all-time high.
šø Support and Resistance (Weekly):
⢠Major Support: $98,000 ā strong psychological and technical level.
⢠Secondary Support: $112,000 ā local support from last week.
⢠Next Targets: $130,000 then $145,000 ā key psychological and technical zones.