Bitcoin Analysis – 03.Aug.2025

Bitcoin Analysis: By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that after reaching a new high at $123,218, the price began to pull back and has now corrected down to around $112,500. I expect the current volatility to ease soon. The next critical support zone lies between $110,500–$112,000 — watch price action closely here, as BTC could bounce from this area and push back toward $116,000+. Other key demand zones are located at $109,000, $107,900, and the $105,000–$106,000 range.
(This Post on TradingView)

Author : Arman Shaban
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