Bitcoin Weekly Analysis – August 4, 2025
Bitcoin ($BTC ) showed mild volatility this week, trading between $66,400 and $68,300. As of Monday, BTC sits around $67,020, showing slight bullish resilience despite macroeconomic uncertainty and subdued volume. The asset continues consolidating just below its previous high near $70K, with key support at $65,000 and resistance at $68,800.
Institutional inflows remain steady, particularly into $BTC spot ETFs, signaling continued long-term confidence. On-chain data shows reduced exchange inflows, suggesting that HODLers are not rushing to sell. The 200-day moving average continues to trend upward, supporting long-term bullish sentiment.
Market sentiment, measured by the Fear & Greed Index, remains in the “Greed” zone, though slightly down from last week. Traders should watch for potential Fed commentary later this week, which could impact risk assets. Additionally, miners’ activity remains stable post-halving, indicating operational efficiency and network strength.
A breakout above $68,800 with volume confirmation could open the door for a retest of the $70,000 psychological level. On the flip side, if BTC breaks below $65K, expect a test of the $63,000–$62,500 support zone.
