Bitcoin Weekly Outlook (Aug 1–7, 2025) #bitcoin #bitcoinfuture
Bitcoin Weekly Outlook (Aug 1–7, 2025) Current Price: ~$118,550Recent Range: $116,000 – $119,00 ATH in July: ~$123,000
Key Factors to Watch U.S. Jobs Data (Aug 2): A strong NFP report could pressure BTC; a weak one may trigger a rally.ETF Flows: Slowing, but still net positive. July 25 saw +$130M inflow (IBIT, ARKB led; GBTC saw outflows). Technical Level: Support: $117KResistance: $120KBreakout above $120K → target $125KDrop below $117K → possible dip to $113K
Market Sentiment ETF inflows for 13 straight weeks = institutional confidenceFear & Greed Index: Slightly greedyPrice action flat, but volatility expected post–jobs data