Here are 5 things to see for bitcoin value combac

Bitcoin (BTC) first full week of August begins as the market veins aligned with BTC value boom.

  • After jumping from three-week climbing, BTC price action is expected with an older August voltality with filas mixed targets.

  • Analysis says that the market environment is now different from the old all-time high of bitcoin.

  • The position of Macro focuses on the Federal Reserve as a September interest-rate deduction as Betts Return.

  • Bitcoin holes staging a large-scale self-inoff at the beginning of the month, even whales can reduce the exposure.

  • The demand for bitcoin remains firmly, which helps in adding reference to the short-ram market veins.

$ 116,500 new BTC value becomes “magnet”

After moving below $ 112,000 last week, Bitcoin is dividing the opinion as cointelegraph markets show the data of the tradingView a push to $ 115,000.

BTC/USD 1-hour chart. Source: Cointelegraph/TardingView

A large BTC price resolution contracts that are over and the BTC/USD is preparing for the new all-time.

“$ BTC has controlled its road to install high or low with the first week of the month. Analysis on X.

“What we know is that there is a very few channels of wearing the current monthly high ($ 116k) because we have never seen this small monthly wick in the last 4 years.”

BTC/USD One-Day Chart. Source: Daan Crypto Trades/X

The Daan Crypto trades compared the renent prime to 2025, concluding that the instability has been inadequate so far.

“Currently going from high to low is just ~ 3.6%,” he said.

“There is also a very highness that we make a bigger direction this month.”

BTC/USDT One-Day Chart. Source: Crypto Caesar/X

Fellow Treder Crypto Caesar similarly saw “Big Bising” for the introduction of Tradefi Trading Week, which reduces the current price action to motors seen from May.

Analyzing the exchange order-book liquidity, the popular commentator Thekingfisher flagged off $ 116,500 as a major level, on which the BTC would get small positions.

“Most traders are potentially just staring at price action, but smart money knows that it is fuel for a step,” he explained X followers on Sunday, called $ 116,500 A “Magnet”.

Bitcoin exchange order-book liquidation data. Source: TheKingfisher/X

Bitcoin Trend Line has the key to Diza Wu Price Action

When a return of $ 109,300 in January, Bitcoin saw a retracement that proves long and painful for the bull.

As of April, BTC/USD was plumbing multimonth under $ 75,000, which was put into a dradown versus a height of more than 30%.

Rapid half year forward, and the pair is about 10% below against their latest record peaks, comparing the earlier price action.

For trader crypnuevo, it was very few reason to think that bitcoin would simply repeat the older behavior.

“Is the price action of January repeating now?” He queued in an X thread on Sunday.

“Reversal Pala was almost the same in high sinuses. It is a common pattern for a pullback after reducing the menum.

BTC/USDT One-Day Chart. Source: Crypnuevo/X

Crypnuevo stated that January saw a journey below the 50-day exponent moving average (EMA), which then flipped to resistance.

The 50-day EMA trendline is currently near $ 112,900, priced at just a daily closed Bello price on August. 2.

“In January, we saw 1D50ma resisting.

Crypnuevo stated that the iconic “market structure and reference” from January pointing to an American interest growing obstacles in September.

BTC/USD with one day chart 50ma. Source: Cointelegraph/TardingView

Community consensus is again in favor of September rate cut

Due to low US economic data, the Federal Reserve is in the spotlight this week.

The deadlock with President Donald Trump continues at interest rates, in which Fed Chair Jerome Powell and other officials uttered Nastir not to cut the latest meeting of Nastir.

Powell always encounters a call from Trump to resign from the policy, which is for prizes in later ideas and expensive economy.

“Powell should be excluded for pasture,” Trump demanded in a post on the true social cat. 1.

Source: Truth Social

Mixed inflation figures and a strong labor market have definitely fed the fed to capture the firm, but the most recent jobs figures doubt how long the rate can be cut.

The market expectations as a result were whipped, but now according to the data from the fedwatch tool of the CME Group, the next meeting of the Fed in September is in favor of the initial 0.25% cut.

Fed target rate probability for September FOMC meeting (screenshot). Source: CME Group

In the coming days, there will be a presence of speaking from several senior Fed figures, which includes vice chair for supervision Michelle Boman, which first indicate that it will be open to cut a joy rate.

The results of the earnings have compromised in a backdrop to rigor the US trading tariffs.

Trading Resource The Cobcy on Sunday, a trading resource the Coby Latmarized Trading Resource, said, “Voltory has officially retired with the earning season.”

BTC price dip unies large and small vendors

There is a running to continue everyone from bitcoin needle to huge investors to huge huz for new-week climbing below $ 112,000.

The data of the Onchain Analytics platform tracked the cryptoctive inflows for exchanges and concluded that a marketwide de-criering was in the Mot pack.

On August. 1 Alone, more than 40,000 BTC hit the exchanges in a loss compared to the final move, and it only hodes for six months or less from short -term holders (STTS).

Bitcoin STH coins were sent for exchanges sent in profit/loss. Source: Cryptoctive

At the same time, the exchange hu ratio, which tracks the ratio of inflow, from which the wallets reached “domination”.

“When large deposits coincide with the whales that dominate these deposits, the types of the market enter the seal and decline rapidly,” the cryptoctive contributor Arab Chan on Saturday wrote in one of its QuickTech blog posts.

“If the whale continues to collect bitcoins for exchanges at the same speed, then the president is expected to be ahead at the price of bitcoin.”

Bitcoin exchange whale ratio. Source: Cryptoctive

Bitcoin demand “still here” – analysis

The cryptocwent came to a mixed conclusion, which must eventually be Fesan Bulls, taking a wide look at the demand dynamics.

Connected: Bitcoin dip ‘perfect bottom’, analysts say: Will BTC Rali be up to $ 148k?

While the price instability has rapidly changed the hunger of Hodlers in the main levels of BTC exposure, long trends suggest that bitcoin is strongly in demand.

The contributor Darkfost said in a Quicktech post on Sunday, “Some investors are important for potentially deteriorating, it is necessary to analyze the current demand.”

The Darkfost flagged off the clear demand metric, which measures new mining bitcoins for the dormant supply for the last one year.

“When the ratio falls below zero, it means that negatives are demanded; on the contrary, when it rises above zero, it indicates positive demands,” he said.

“Currently, demand rain is clearly positive, about 160 000 BTC accumulated in the last 30 days.”

Bitcoin clear demand (30-day amount). Source: Cryptoctive

Campares have raised the exposure by 50,000 BTC in the last one month, which only buy BTC and no outgoing transactions.

Bitcoin accumulation address demand (screenshot). Source: Cryptoctive

A long-term view, the over-the-counter (OTC) shows a clear tendency, similarly, covering deals. In 2021, OTC Desk Holdings are now more than half a million BTC compared to just 145,000 BTC.

“Whether we look at short -term or long -term demand, the picture remains bradly positive,” the darkfost concluded.

“There is no major indication of protection from live indicators, recently price voltality disciplines.”

There are no investment advice or recommendations in this article. Every investment and trading film includes risk, and readers should do their research while taking decisions.

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