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Bitcoin (BTC) Price Prediction for August 5


Bitcoin (BTC) Price Prediction for August 5

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After falling below key intraday support levels last week, Bitcoin price today remains range-bound near $114,400. Despite a modest rebound from sub-$112,000 levels, upside momentum continues to stall under a descending resistance line that has capped every short-term recovery since mid-July. With derivatives positioning still cautious and technicals pointing to compression, traders are watching the $116,000 region as the next key battleground.

Bitcoin Price Forecast Table: August 5, 2025

Indicator/ZoneLevel / Signal
Bitcoin price today$114,446
Resistance 1$116,200
Resistance 2$121,800
Support 1$112,500
Support 2$110,000
EMA Cluster (20/50/100/200, 4H)$114,576 – $116,201 (Bearish)
RSI (30-min)48.01 (Weak)
MACD (4H)Below signal, momentum stalling
Bollinger Bands (4H)Tight, compression zone
VWAP Session BiasRejection near $114,892
Supertrend (4H)Bearish under $116,156
OBV (1D)Flattening
Derivatives Volume-31.7%, Open Interest -0.5%
Funding RateNeutral (Low conviction)

What’s Happening With Bitcoin’s Price?

BTC price dynamics (Source: TradingView)

Bitcoin price structure remains under pressure as seen on the 4-hour chart, where BTC is trapped below a descending trendlin…

The post Bitcoin (BTC) Price Prediction for August 5 appeared first on Coin Edition.

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Coins

$ 63.86K

+0.84%

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$ 0.000207

$ 1.58


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