Calculated since the release of this video, if Bitcoin remains above 91,000 in the next 5-6 hours, the price may fall below 88,000 in the next 24 hours.Bitcoin market forecast#Bitcoin #BTC #BitcoinPrice
📈 #Bitcoin Update – August 5, 2025 🟠
BTC is currently trading around $63,450, showing signs of sideways consolidation after last week's high at $65K. 📊
🔹 Support: $61,800 / $60,000
🔹 Resistance: $65,000 / $68,300
🔹 Trend: Neutral to Slightly Bullish
🔹 Market Sentiment: Cautious Optimism
🔹 Funding Rates: Balanced across major exchanges
📰 Notable News:
– ETF inflows remain steady
– Miner selling pressure decreasing
– Fed rate outlook dovish for Q4
📌 Watch for breakout above $65K for momentum toward $68K+. A drop below $60K could invalidate the short-term bullish structure.
💡 Reminder:
BTC is currently trading around $63,450, showing signs of sideways consolidation after last week's high at $65K. 📊
🔹 Support: $61,800 / $60,000
🔹 Resistance: $65,000 / $68,300
🔹 Trend: Neutral to Slightly Bullish
🔹 Market Sentiment: Cautious Optimism
🔹 Funding Rates: Balanced across major exchanges
📰 Notable News:
– ETF inflows remain steady
– Miner selling pressure decreasing
– Fed rate outlook dovish for Q4
📌 Watch for breakout above $65K for momentum toward $68K+. A drop below $60K could invalidate the short-term bullish structure.
💡 Reminder:

