📅 As of August 1 2025 we are analyzing the daily chart of Bitcoin BTCUSDT. The current price hovers around 115188 USDT with an opening price of 115764 intraday high at 116052 and low at 114116. This price range suggests moderate volatility for the day
📉 RSI Relative Strength Index is at 48 indicating a neutral zone neither overbought nor oversold. This suggests a balanced market with no strong momentum in either direction. Such neutrality often reflects indecision requiring stronger signals for a trend confirmation
📊 ADX Average Directional Index sits at 22 reflecting a weak trend. There is currently no strong bullish or bearish momentum and this low trend strength calls for caution from investors
🔻 ROC Rate of Change is slightly negative signaling a minor loss of momentum. It hints at sideways or slightly downward movement rather than any sharp breakout
💹 OBV On Balance Volume stands at 122129 showing no clear accumulation or distribution. Volume flow remains balanced implying most investors are holding rather than entering or exiting major positions
🌪️ ATR Average True Range is 2732 which indicates moderate volatility. This level suggests relatively stable price action with some intraday fluctuations but no wild swings
📈 Price Forecast Scenarios
1 Scenario A Low probability 762 percent
Bitcoin may climb up to 123316 with a projected close near 120041. This implies a potential sharp rebound but the odds are low
2 Scenario B High probability 9238 percent
The price is more likely to remain range bound peaking near 118816 and closing around 115660. This reflects sideways consolidation with mild fluctuations
⚠️ Divergence Analysis
There is no daily or 3 day negative divergence which is a good sign. However a weekly negative divergence is present implying potential long term bearish pressure. This does not call for panic but warrants cautious monitoring in the coming days
✨ Interpretation Summary
Bitcoin is currently in a neutral zone with no dominant buying or selling pressure. The trend is weak momentum is fading slightly and volatility is under control. Volume shows hesitation and most traders are waiting rather than acting. Price forecasts favor range bound behavior but a small chance of upward breakout remains. Weekly signals suggest keeping an eye out for possible mid term weakness
🚀 Overall Outlook Calm balanced and indecisive. It’s a wait and watch day
Stay alert in case volatility spikes but for now no aggressive moves are expected
⚠️ This analysis is not financial advice Always conduct your own research and manage your risks accordingly
#Bitcoin #BTC #TrumpTariffs #TechnicalAnalysis #RSI #ADX #OBV #ATR #MarketOutlook #BTCUpdate #CryptoNewss #BlockchainTrends 💹📊📉🧭