📉 Current situation – as of today$BTC :-
• The current price of Bitcoin is approximately 113,959 USD, down about ‑0.8% compared to yesterday's close.
• In the current session, the price moved between 112,831 and 115,899 USD, with an overall downward trend.
• There is selling pressure due to new pricing measures from the United States (such as tariffs) and general economic concerns that caused a drop below 115,000 USD.
🔍 Technical analysis and forecasts for tomorrow:-
• According to a report from Binance, on a 4-hour timeframe: technically the situation is negative, as the 50-day moving average is declining, while the 200-day average remains high—indicating strong long-term support, but no clear trend for tomorrow yet.
• Traders Union forecasts the price tomorrow at around +0.52%, approximately 114,605 USD for upcoming contracts over the next 48 hours.
• While some CoinLore models indicate 113,609 USD tomorrow, a slight upward move (+0.6%) compared to the expected price in 10 days.
• Changelly expects a rise to 117,584 USD according to its technical analyses, an increase of ~1.5% tomorrow.
⚠️ Factors affecting the price:-
• Political and economic climate: Concerns over U.S. tariff policies have led investors to reduce their risk allocations.
• Macroeconomic data: The release of weak U.S. employment data boosted expectations for a rate cut in October, affecting the dynamics of the dollar and risk-averse markets, including BTC.
• Institutional flows: Despite the recent contraction, ETF flows towards Bitcoin remained strong, with hundreds of millions of dollars during July 2025, supporting the price in the medium term.
📈 Expected scenarios$BTC :-
1- Slight rise, potential price ~114,600 USD based on the Traders Union model.
2- Moderate rise, potential price ~117,500 USD, if market sentiment improves and new flows emerge.
3- Single decline, potential price ~112,000–113,000 if selling pressure continues and support at 112,000 is broken.
4- Continued consolidation, potential price 113,500 – 114,000 in the absence of clear catalysts.
✅ Recommendation: What to do tomorrow?
• It is preferable to track the support at 112,000 USD; breaking this level could lead to further declines.
• The key resistance area between 117,500 and 118,000 USD; any breakout above 117,500 could stimulate further upward movement.
• Technical analysis indicates relative neutrality (RSI in the range of 30‑70), meaning that the market may continue to consolidate around the current level without sharp movement unless strong news emerges.
• Keep in mind upcoming news such as the release of U.S. employment data or statements from the Federal Reserve.
📌 Summary of the situation:-
• Bitcoin is heading towards a sideways to moderate movement in the coming hours.
• Forecasts often range between 113,600 and 114,600 USD, while a rise to 117,500+ USD requires improved market sentiment and new institutional cash flow.
• Any break below support at 112,000 USD will activate a potential bearish scenario.
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