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?
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