Bitcoin Technical Analysis : BTC/USD 1 August 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 1 August 2025

Momentum : Down

First Scenario : short positions below 116,048.00 with targets at 114,927.00, 114,272.75 and 113,774.89

Second Scenario : long positions above 116,048.00 with targets at 117,029.50, 117,800.75 and 118,491.50

Comment : RSI - Bearish.

Supports and resistances :

118,491.50 **
117,800.75 *
117,029.50
115,572.25 - Last price
114,927.00
114,272.75 *
113,774.89 **

Warning : This information is not a buy-sell signal.