bitcoin went up 6% from the weekly support line until the end of this month, bitcoin will either see a new all time high or retest the ≈$0.1095M support this is the daily timescale of the same chart - the blue and red lines are weekly, green is daily just a quick check-up

Illya Gerasymchuk 2025-08-04 18:28

Bitcoin is still in a weekly uptrend it must either go up or down to ≈$109500 - a strong weekly support two factors in play here: 1️⃣ USD index - inverse correlation 2️⃣ Global liquidity- correlation keep watching central bank's open market operations & balance sheets