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Neom Financial Academy

🟡 BTCUSD Daily Market Analysis—August 4, 2025

  • Neom
  • Aug 5
  • 3 min read

Updated: Aug 6

Introduction

In the dynamic world of cryptocurrency trading, staying informed about market trends is essential for making strategic decisions. This analysis focuses on BTCUSD, currently trading at $114,159. We will explore various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), Relative Strength Index (RSI) divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support and Resistance Levels, Order Blocks, and the Moving Average Convergence Divergence (MACD). This comprehensive overview will equip traders with the insights needed to navigate the market effectively.

Market Analysis Overview

Current Market Price: $114,159

Support & Resistance Levels

Daily Time Frame:

  • Support Levels:

    • $111,919 (Recent Swing Low)

    • $112,500

    • $110,000

  • Resistance Levels:

    • $123,236 (Recent Swing High)

    • $125,000

    • $126,500

4-Hour Time Frame:

  • Support Levels:

    • $113,000

    • $112,000

    • $111,500

  • Resistance Levels:

    • $114,500

    • $115,000

    • $116,000

Fibonacci Retracement Levels

Fibonacci retracement levels are instrumental in identifying potential reversal points. Based on the recent swing high of $123,236 and swing low of $111,919, the key Fibonacci levels are:

  • 23.6% Level: $116,000

  • 38.2% Level: $114,500

  • 50% Level: $117,000

  • 61.8% Level: $119,000

These levels serve as potential support and resistance points as price action retraces.

Exponential Moving Averages (EMA)

Daily EMA Levels:

  • EMA 50: $114,500

  • EMA 100: $113,800

  • EMA 200: $112,500

  • EMA 400: $110,800

4-Hour EMA Levels:

  • EMA 50: $114,200

  • EMA 100: $113,600

  • EMA 200: $113,300

  • EMA 400: $112,000

The EMAs help traders identify the prevailing trend and potential entry/exit points based on price action.

RSI Divergence

The Relative Strength Index (RSI) is a momentum oscillator that indicates overbought or oversold conditions. Currently, we observe a bullish divergence as the price makes lower lows while the RSI shows higher lows. This divergence may suggest a potential reversal, indicating that the market could be poised for an upward movement.

Order Blocks

Order blocks are areas where significant buying or selling has occurred, often leading to price reversals. In this analysis, potential order blocks are identified near the support levels of $112,500 and $111,919. These levels may act as critical points for traders to enter positions.

MACD Analysis

The Moving Average Convergence Divergence (MACD) is a momentum indicator that helps identify potential buy and sell signals. Currently, the MACD line is trending above the signal line, indicating bullish momentum. Traders should monitor this indicator for confirmation of potential price movements as it approaches key support and resistance levels.

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Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support Levels: $111,919, $112,500, $110,000

  • Daily Resistance Levels: $123,236, $125,000, $126,500

  • 4-Hour Support Levels: $113,000, $112,000, $111,500

  • 4-Hour Resistance Levels: $114,500, $115,000, $116,000

Exponential Moving Average (EMA) Levels

  • Daily EMA Levels:

    • EMA 50: $114,500

    • EMA 100: $113,800

    • EMA 200: $112,500

    • EMA 400: $110,800

  • 4-Hour EMA Levels:

    • EMA 50: $114,200

    • EMA 100: $113,600

    • EMA 200: $113,300

    • EMA 400: $112,000

Weekly Pivots

  • Weekly Pivot Point: $114,500

  • Resistance Levels: $115,500, $116,500

  • Support Levels: $113,500, $112,500

Daily Pivots

  • Daily Pivot Point: $114,000

  • Resistance Levels: $115,000, $116,000

  • Support Levels: $113,000, $112,000

Fibonacci Retracement Levels

  • 23.6% Level: $116,000

  • 38.2% Level: $114,500

  • 50% Level: $117,000

  • 61.8% Level: $119,000

Fundamental Analysis and USD News

As we look toward the future, it’s essential to consider the economic factors that influence the BTCUSD market. Upcoming USD news events can significantly impact market sentiment and price movements.

Important Upcoming USD News:

  • Consumer Price Index (CPI) Report: Scheduled for release this month, the CPI report will provide insights into inflation trends in the U.S. A higher-than-expected CPI could lead to increased interest in Bitcoin as a hedge against inflation.

  • Federal Reserve Interest Rate Decision: The upcoming meeting of the Federal Reserve may lead to significant market volatility. Traders should watch for any indications of changes in monetary policy that could affect the dollar's strength.

  • Jobless Claims Data: The weekly jobless claims report will provide insights into the employment situation. A decline in claims could strengthen the dollar, potentially impacting BTCUSD negatively.

These economic indicators will play a vital role in shaping market expectations and influencing BTCUSD's price trajectory.

Conclusion

The current analysis of BTCUSD reveals crucial support and resistance levels, along with valuable insights from various technical indicators. As traders navigate this dynamic market, understanding these levels and indicators is essential for making informed trading decisions.

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