Bitcoin Analysis – 06.Aug.2025
Bitcoin Analysis: By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that after reaching $115,700, the price pulled back as expected, dropping to $112,600. Now, BTC is showing renewed demand and is currently trading around $114,200. If the price manages to hold above the key $112,000–$113,300 support zone, we can expect further upside potential. The next bullish targets are $117,000 and $118,700.
(This Post on TradingView)
Author : Arman Shaban
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