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🟡 BTCUSD Daily Market Analysis—August 29, 2025 by Kohinoor Free VIP Signals
- Kohinoor Free VIP Trading Signals
- Aug 29
- 3 min read
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Current BTCUSD Market Overview
As of today, the live price of Bitcoin (BTCUSD) stands at 119,696 USD. This analysis will provide a comprehensive overview of the market using various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD.
Market Analysis
Support & Resistance Levels
Understanding support and resistance levels is crucial for making informed trading decisions. Here are the key levels for both daily and 4-hour timeframes:
Daily Support Levels:
Level 1: 118,500
Level 2: 117,800
Level 3: 117,000
Daily Resistance Levels:
Level 1: 120,500
Level 2: 121,200
Level 3: 122,000
4-Hour Support Levels:
Level 1: 119,000
Level 2: 118,800
Level 3: 118,300
4-Hour Resistance Levels:
Level 1: 120,000
Level 2: 120,800
Level 3: 121,500
Fibonacci Retracement Levels
Using the Fibonacci Retracement tool can help identify potential reversal points. For our analysis, we consider the following swing levels:
Daily Swing High: 122,000
Daily Swing Low: 117,000
Key Fibonacci levels are:
23.6%: 120,000
38.2%: 119,500
61.8%: 118,800
Exponential Moving Averages (EMA)
The EMAs provide insights into the trend direction. Here are the EMA levels for both daily and 4-hour timeframes:
Daily Time Frame:
EMA 50: 119,200
EMA 100: 118,500
EMA 200: 117,800
EMA 400: 116,500
4-Hour Time Frame:
EMA 50: 119,500
EMA 100: 119,000
EMA 200: 118,200
EMA 400: 117,500
RSI Divergence
The Relative Strength Index (RSI) is currently at 60, indicating a slightly bullish sentiment. A divergence could signal potential reversals, so traders should monitor this closely.
Order Blocks
Identifying order blocks is essential for understanding price action. The significant order block on the daily chart is located around the 119,000 level, indicating strong buying interest.
MACD Analysis
The MACD is showing a bullish crossover, confirming potential upward momentum in the BTCUSD market. This is a positive signal for traders looking for buying opportunities.
Summary of Key Levels
💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals – Contact Us
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Key Levels Recap:
Daily Support: 118,500, 117,800, 117,000
Daily Resistance: 120,500, 121,200, 122,000
4-Hour Support: 119,000, 118,800, 118,300
4-Hour Resistance: 120,000, 120,800, 121,500
Exponential Moving Average (EMA) Levels:
Daily:
EMA 50: 119,200
EMA 100: 118,500
EMA 200: 117,800
EMA 400: 116,500
4-Hour:
EMA 50: 119,500
EMA 100: 119,000
EMA 200: 118,200
EMA 400: 117,500
Weekly Pivots:
Level 1: 120,000
Level 2: 119,500
Level 3: 119,000
Daily Pivots:
Level 1: 119,800
Level 2: 119,500
Level 3: 119,200
Fibonacci Retracement Levels:
120,000, 119,500, 118,800
Fundamental Analysis and USD News
📈 Upcoming important USD news that may affect the BTCUSD market includes:
Federal Reserve Interest Rate Decision: Scheduled for next month, which could lead to increased volatility in Bitcoin prices.
Non-Farm Payrolls: Set for next month, often impacting the USD and consequently BTCUSD.
FAQs
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Which brokers are trusted for Gold Forex Crypto trading? Based on client feedback, we recommend brokers like:
What are the benefits of using trading signals? Trading signals help traders make informed decisions based on market analysis and expert insights.
How can I improve my forex trading skills? Consider utilizing educational resources and market analysis provided by platforms like Kohinoor Free VIP Signals.
What is the best time to trade Bitcoin? The best time to trade Bitcoin is during major market sessions when liquidity is high, typically overlapping the London and New York sessions.
How does economic news affect Bitcoin prices? Economic news, especially related to the USD, can significantly impact Bitcoin prices, causing volatility.
Can I trade Bitcoin with a small account? Yes, many brokers offer leverage, allowing traders to trade Bitcoin with a smaller capital investment.
What strategies work best for Bitcoin trading? Combining technical analysis with fundamental insights often yields the best results in Bitcoin trading.
Conclusion
In conclusion, the current analysis of BTCUSD indicates a balanced market with potential upward momentum. Traders should remain vigilant and consider the key levels discussed in this report.
Disclaimer
Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
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