Bitcoin Technical Analysis : BTC/USD 7 August 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 7 August 2025

Momentum : Down

First Scenario : short positions below 114,806.25 with targets at 114,039.50, 113,270.50 and 112,616.75

Second Scenario : long positions above 114,806.25 with targets at 115,480.25, 116,195.25 and 116,829.00

Comment : RSI - Bearish divergence.

Supports and resistances :

116,829.00 **
116,195.25 *
115,480.25
114,551.75 - Last price
114,039.50
113,270.50 *
112,616.75 **

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