Bitcoin Shows Steady Growth Amid Calls for Cautious Investment Strategies – 2025-08-11

Market Analysis

Bitcoin has experienced significant price fluctuations over the past few days, driven by a combination of global trade tensions, government policies, and prevailing market sentiment. In this analysis, we will delve into these factors to provide a comprehensive overview of the current price landscape and explore potential future trends, aiming to equip investors with insights for more informed decision-making.

Despite notable volatility over the last five days, Bitcoin has demonstrated a steady upward trend influenced by shifts in global political and economic developments as well as changing market sentiment. Starting at approximately 114,129 on August 6, the price climbed to around 119,294 by August 10, marking an increase of nearly 4.5 percent. During this period, the Relative Strength Index (RSI) rose from 45.88 to 67.77, signaling strengthening momentum, while the Money Flow Index (MFI) increased from 20.78 to 40.39, indicating growing buying pressure. Additionally, the Fear and Greed Index moved up from 54 to 69, reflecting a cautiously optimistic market attitude.

On the news front, new U.S. taxes imposed on Bitcoin mining equipment imported from Southeast Asia have impacted American miners by raising operational costs. Conversely, former President Trump’s announcement to include cryptocurrencies within 401(k) retirement plans has boosted investor confidence, subsequently increasing demand for Bitcoin. Furthermore, ongoing international trade disputes and evolving financial policies have contributed to price volatility. However, rising institutional investment interest has played a stabilizing role in maintaining price levels.

Looking at technical indicators, Bitcoin touched the upper Bollinger Band on August 10, a bullish signal suggesting upward price pressure. Yet, in recent days, the price hovered near the middle band, indicating a period of consolidation and market equilibrium. Moving averages, particularly the 7- and 14-day Hull Moving Averages (HMA), have shown upward movement, highlighting a robust short-term uptrend. In contrast, the 50-, 100-, and 200-day moving averages remain positioned above the current price, which could signify longer-term resistance levels.

Regarding support levels, the closest range lies between 117,758 and 115,222, close to the current price. If this support breaks, the next levels range from 114,129 down to 108,262, followed by a third support zone between 105,681 and 104,872. On the resistance side, the key ranges are from 119,415 to 120,247, with the psychological barrier at 120,000 being particularly significant. The recent rise in the Fear and Greed Index indicates increasing greed in the market, which may lead to further short-term price appreciation. However, this also raises the possibility that large investors could trigger sudden price drops to capitalize on their positions.

Overall, the recent upward movement in Bitcoin’s price reflects strong buying momentum despite the challenges posed by global trade conflicts and U.S. government policies. Market sentiment remains cautiously positive, supported by growing institutional interest, which helps sustain price stability. Nevertheless, investors should remain vigilant near critical support and resistance levels, as unexpected news or geopolitical developments could swiftly impact prices. A balanced strategy that considers both upside potential and downside risks is advisable in this dynamic environment.

Data Summary

• 1. Time:
  2025-08-11 – 00:00 UTC
• 2. Prices:
  Open: 116462.25000000
  High: 119311.11000000
  Low: 116460.63000000
  Close: 119294.01000000
• 8. Supports:
  S1: 117758.09000000 – 115222.22000000
  S2: 114129.75000000 – 108262.94000000
  S3: 105681.14000000 – 104872.50000000
  S4: 101509 – 99950.8
• 9. Resistances:
  R1: 119415.55000000 – 120247.80000000
• 10. Psychological Support:
  110000.00000000
• 11. Psychological Resistance:
  120000.00000000
• 3. Last 5 days’ closing prices:
  2025-08-06: 114992.27000000
  2025-08-07: 117472.01000000
  2025-08-08: 116674.74000000
  2025-08-09: 116462.25000000
  2025-08-10: 119294.01000000
• 4. Volume:
  BTC: 14322.7707
  USD: $1694198747.8719
• 5. Number of trades:
  2317065
• 6. Indicators:
  RSI: 67.7700
  MFI: 40.3900
  BB Upper: 120901.36000000
  BB Lower: 112730.28000000
• 7. Moving Averages:
  SMA:
  7=116297.15000000
  14=115982.19000000
  21=116815.82000000
  30=117269.20000000
  50=113721.03000000
  100=109222.23000000
  200=99730.11000000

  EMA:

  7=116817.57000000
  14=116451.79000000
  21=116207.30000000
  30=115615.05000000
  50=113758.84000000
  100=108974.29000000
  200=101515.00000000

  HMA:

  7=118351.23000000
  14=117078.24000000
  21=115375.28000000
  30=114923.30000000
  50=117343.27000000
  100=119007.59000000
  200=119222.95000000
• 12. Funding Rate:
  0.01%
• 13. Open Interest:
  84005.2910
• 14. Fear & Greed Index:
  69 (Greed)

Disclaimer: This market analysis is generated by AI based on historical BTC data and sentiment indicators. Use it as a reference, not financial advice.