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🟡 BTCUSD Daily Market Analysis—August 6, 2025

  • Neom
  • 5 days ago
  • 3 min read

Introduction

As the cryptocurrency market continues to evolve, Bitcoin (BTCUSD) remains a focal point for traders and investors. Currently priced at $114,095, Bitcoin's performance is influenced by various technical indicators and market dynamics. In this comprehensive analysis, we will explore the daily and 4-hour time frames, utilizing indicators such as 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). Understanding these elements is crucial for making informed trading decisions in the volatile world of cryptocurrency.

Market Analysis Overview

Current Market Price: $114,095

Support & Resistance Levels

Daily Time Frame:

  • Support Levels:

    • $111,919 (Recent Swing Low)

    • $112,500

    • $113,000

  • Resistance Levels:

    • $123,236 (Recent Swing High)

    • $120,000

    • $115,000

4-Hour Time Frame:

  • Support Levels:

    • $113,500

    • $113,000

    • $112,800

  • Resistance Levels:

    • $114,500

    • $115,000

    • $116,000

Fibonacci Retracement Levels

Fibonacci retracement levels provide insights into potential reversal areas based on the recent swing high of $123,236 and swing low of $111,919. The key Fibonacci levels are:


  • 23.6% Level: $116,209

  • 38.2% Level: $114,495

  • 50% Level: $112,577

  • 61.8% Level: $110,863

These levels indicate where price action may encounter support or resistance as it retraces.

Exponential Moving Averages (EMA)

Daily EMA Levels:

  • EMA 50: $113,790

  • EMA 100: $113,200

  • EMA 200: $112,500

  • EMA 400: $111,200

4-Hour EMA Levels:

  • EMA 50: $114,150

  • EMA 100: $113,800

  • EMA 200: $113,200

  • EMA 400: $112,700

The EMAs help traders identify trends and potential entry and exit points, smoothing out price fluctuations over different time frames.

RSI Divergence

The Relative Strength Index (RSI) serves as a momentum oscillator, indicating overbought or oversold conditions. Currently, we observe a bearish divergence where the price makes higher highs while the RSI shows lower highs. This suggests a potential reversal in the market trend, signaling bearish momentum.

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 resistance levels of $115,000 and $116,000. These zones may act as critical areas for price action, providing traders with opportunities to enter positions.

MACD Analysis

The Moving Average Convergence Divergence (MACD) is an essential tool for traders, providing insights into momentum and trend direction. Currently, the MACD line is below the signal line, indicating bearish momentum. Traders should monitor the MACD closely as it interacts with 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, $113,000

  • Daily Resistance Levels: $123,236, $120,000, $115,000

  • 4-Hour Support Levels: $113,500, $113,000, $112,800

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

Exponential Moving Average (EMA) Levels

  • Daily EMA Levels:

    • EMA 50: $113,790

    • EMA 100: $113,200

    • EMA 200: $112,500

    • EMA 400: $111,200

  • 4-Hour EMA Levels:

    • EMA 50: $114,150

    • EMA 100: $113,800

    • EMA 200: $113,200

    • EMA 400: $112,700

Weekly Pivots

  • Weekly Pivot Point: $114,095

  • Resistance Levels: $114,500, $115,000

  • Support Levels: $113,500, $113,000

Daily Pivots

  • Daily Pivot Point: $114,095

  • Resistance Levels: $114,200, $114,300

  • Support Levels: $113,800, $113,600

Fibonacci Retracement Levels

  • 23.6% Level: $116,209

  • 38.2% Level: $114,495

  • 50% Level: $112,577

  • 61.8% Level: $110,863

Fundamental Analysis and USD News

Understanding the broader economic context is crucial for traders in the Bitcoin market. Upcoming USD news events can significantly impact Bitcoin prices and market sentiment.

Important Upcoming USD News:

  • Non-Farm Payrolls (NFP) Report: Scheduled for release this week, the NFP report will provide insights into employment trends in the U.S. A strong report could lead to a stronger dollar, potentially putting downward pressure on Bitcoin prices.

  • Federal Reserve Meetings: Anticipated discussions regarding interest rates will be pivotal. Any changes or hints at future policies could influence the strength of the dollar and, consequently, Bitcoin prices.

  • Inflation Data Releases: The upcoming Consumer Price Index (CPI) report will be crucial. Higher inflation may lead to increased interest in Bitcoin as a hedge against currency devaluation.

These economic indicators will shape market expectations and influence BTCUSD's price trajectory.

Conclusion

This detailed analysis of the BTCUSD market highlights critical support and resistance levels, alongside insights from various technical indicators. As traders navigate this volatile market, understanding these levels and indicators is essential for making informed trading decisions.

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