Instrument: BTCUSD
Timeframe: Daily
Date: August 4, 2025
Analysis:
BTC dropped to $112,000, down 5.1% from $118,000, holding above the $112,000 support. The hawkish FOMC triggered this pullback, but $112K is a key level. I scaled in on the dip as seen in my previous BTC idea and X
Chart Setup:
Support: $112,000, $100,000
Resistance: $115,000, $120,000
Timeframe: Daily
Date: August 4, 2025
Analysis:
BTC dropped to $112,000, down 5.1% from $118,000, holding above the $112,000 support. The hawkish FOMC triggered this pullback, but $112K is a key level. I scaled in on the dip as seen in my previous BTC idea and X
Chart Setup:
Support: $112,000, $100,000
Resistance: $115,000, $120,000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💻 Learn more at yungzkittlez.com/ — Free trading education, market updates, and tools to help you trade smarter.
No fluff. Just real strategies from 5+ years in the game. 🌴
No fluff. Just real strategies from 5+ years in the game. 🌴
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.