• The current price is around 115,916 USD, down about -2.1% compared to the previous close. The daily trading range is between 114,791 – 118,891 USD.

• Bitcoin is experiencing a consolidation phase around the 116 thousand range over the last few days, with trading concentrated between 115,900 and 118,800 USD.

• Some technical analyses indicate a decline in bullish momentum, especially if the currency breaks below 116,000 USD, which may indicate further selling pressure.

🔍 Short-term technical indicators analysis:-

• Moving averages indicate that the current price is above the mid-term averages (50-day, 100-day), showing slight technical support, but momentum strength remains limited.

• The RSI indicator and the overall technical pattern indicate the possibility of continued consolidation without a strong upward move or sharp decline, unless momentum suddenly changes.

🧐 Key fundamentals:-

• The recent delay in interest rate cuts from the Fed's talks created a slight price rebound from around 116,000 USD to 118,500 USD, but it fell back slightly afterward.

• Institutional interest is increasing, with major funds and institutions like MicroStrategy and Strategy Inc injecting investments that have made huge profits from their large holdings of BTC.

• Citi's recommendations indicate that ETF flows have become the main driver of price movement in the short term so far.

📈 Bitcoin price forecast for tomorrow (August 2, 2025):-

• Traders Union forecasts a rise of +1.26% within 48 hours, suggesting a potential price reach near 117,506 USD.

• CoinLore estimates the price of BTC to touch 119,037 USD tomorrow, based on current dynamics.

• Changelly and the Binance team predict growth of about +1.6% to bring the price to the range of 118,900 – 119,000 USD.

✅ Summary of forecasts:-

1- A moderate rise is likely around 117,500–119,000 USD, with a short-term timeframe supported by a calm growth trend.

2- Continued consolidation in the range of 115,800 – 118,500 USD today and tomorrow, without any surprises.

3- A downward shift below 115,900 USD if selling momentum gains, breaking critical support.

🧾 Tips for investors:-

1. The market is in a delicate balance, and monitoring resistance at 118,500 – 119,000 USD is very important.

2. A clear break below 116,000 USD may indicate a new correction.

3. The performance of indicators like RSI and MACD is essential to monitor any changes in technical momentum.

4. Financial flows from institutions and ETFs are increasingly changing the landscape in real time.

🧠 In conclusion:-

By August 2, 2025, the price of Bitcoin is likely to range between 117,500 and 119,000 USD if it maintains a moderate upward angle. For a real correction or rise to happen, the market needs a catalyst event, such as a change in interest rate policy or additional massive financial flows from ETFs.

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$BTC