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#BTC #ETH #PI #Content Mining & Earn Rich Commission 🔵 Bullish Signal for Bitcoin (BTC) – August 7, 2025 🔵
📈 BTC Price Action:
Bitcoin is currently showing strong bullish momentum, trading above $67,200, breaking out from a key resistance at $66,000.
🔥 Key Bullish Indicators:
1. Golden Cross on 4H Chart – The 50 EMA has just crossed above the 200 EMA, signaling potential upside continuation.
2. High On-Chain Activity – Whale wallets are accumulating BTC again, showing long-term confidence.
3. Open Interest Surge – Futures open interest has increased by over 8% in the last 24 hours, suggesting fresh long positions entering the market.
4. MACD Bullish Crossover – Positive MACD crossover seen on the daily chart.
📊 Resistance & Support:
Next Resistance: $68,500
Strong Support: $65,500
🚀 Short-Term Target: $69,000+
If bulls maintain momentum, BTC could retest the $70K psychological level this week.
📌 Note: Always use proper risk management. This is not financial advice.
Want a trading setup or chart? Just ask!