📈 #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: Volatility likely as CPI data drops later this week.

#Crypto BTC #BitcoinPrice CryptoNews
BTC-0.53%
OP-0.98%
MAJOR3.39%
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