#BTC/USDT๐ฅ Analysis ๐
Updated, August 2, 2025
Current Price: $113,631.59
24H High/Low:๐
$116,019.30 / $112,722.58
Current Trend: โ ๏ธ Bearish with a potential short-term bounce**
๐Technical Breakdown:
โ 1. Price Action & Support
BTC dipped to $112,722.58, now a solid support level. โ
Price is rebounding slightly post-test, showing buyer interest. ๐
๐2. Moving Averages (MA)
- MA(7): 114,116.29
- MA(25): 116,559.74
- MA(99): 117,801.64
> All short-term MAs are trending down, confirming the bearish vibe. โฌ๏ธ
๐ก 3. Volume
Volumeโs dropping after the dump, hinting at easing sell pressure. ๐ฆ
Still lacks strong buying volume for a trend flip. ๐ค
๐ Momentum & Indicators
(TLDR included)
๐ EMA & Bollinger Bands:
- Short-term bearish trend intact. ๐
- Price near the lower Bollinger Bandโoversold vibes with a possible bounce toward the middle. ๐ฏ
๐ MACD:
Histogram turning positiveโmomentumโs teasing a bullish shift! ๐ฑ
๐ RSI:
Bounced back from oversold, signaling stabilization or a quick pop. ๐ช
๐ Final Take โ Buy or Wait?
๐ธ Marketโs still short-term bearish, butโฆ
๐ธ RSI + MACD hints = possible bounce or sideways action. โ๏ธ
๐ธ If BTC holds above $112,722.58, watch for a push to $114,000โ$115,200. ๐ฏ
๐ Strategy Suggestions:
| Trader Type | Action Suggestion
|---------------------|-------------------------------------------|
| Scalper / Short-term
| Wait for a break above $114,000. Quick entry, SL below $112,500. โก |
| Swing Trader | Hold off until a daily close above $116,000 with volume spike. โณ |
| Long-term Holder
| DCA into this dipโaverage in slowly for the win! ๐ธ |
๐ข Real-Time Note:
Markets move fast! ๐ Iโve cross-checked with real-time web dataโ$BTC holding steady around $113,650 as of now, with support intact. Want me to dig deeper with a DeepSearch? ๐
