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/Zone Level / 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 Bias Rejection near $114,892 Supertrend (4H) Bearish under $116,156 OBV (1D) Flattening Derivatives Volume -31.7%, Open Interest -0.5% Funding Rate Neutral (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 .
