Bitcoin Analysis – 04.Aug.2025
Bitcoin Analysis: By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that, just as expected, the price entered the $112,000 demand zone and reacted strongly, climbing to $115,000. Currently, Bitcoin is trading around $114,500, and if it manages to break above the $116,000 resistance, there’s a high probability it will continue toward $117,700. All other assumptions from the previous analysis remain valid.
(This Post on TradingView)
Author : Arman Shaban
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