On Thursday, July 31, 2025, the BTC/USDT pair exhibits a cautiously bullish outlook, driven by recent market dynamics and technical indicators. Bitcoin is trading around $117,766-$118,368, with a new all-time high of $123,236 reached on July 14, 2025. The pair has shown resilience, supported by strong institutional inflows, particularly through U.S. Bitcoin ETFs, which have attracted significant capital in 2025. A recent U.S.-EU trade agreement on July 28 eased market fears, boosting BTC by 1.24% to $119,296, while $43.69M in short liquidations within 24 hours fueled upward momentum. The Fear & Greed Index at 67/100 reflects bullish sentiment, underpinned by a hashrate ATH of 955 EH/s, signaling miner confidence.
Short-term forecasts suggest BTC/USDT could trade between $116,261-$126,010, with a predicted price of $117,766 for July 31. Support lies at $114,790-$115,000, aligning with technical levels like the Kijun and FVG, while resistance is at $120,899-$124,000. The 200-day moving average is rising, indicating a strong long-term trend, though the 50-day moving average on shorter timeframes suggests potential bearish pressure. MACD remains bullish, but overbought conditions could lead to a brief pullback to $115,000-$116,000 before further gains. Posts on X highlight a possible sweep of $116,000 early in the week, with expectations of a rebound toward $128,000-$140,000 if support holds.
Volatility remains a concern, with regulatory shifts and geopolitical events posing risks. However, institutional adoption and Bitcoin’s finite supply post-2024 halving support a positive trajectory. Investors should monitor $121,000 as a key pivot; a break above could target $125,000-$130,000, while a drop below $115,000 may test lower supports.
- Gold struggles as Oil-driven inflation fears weigh on global interest rate outlook
Gold (XAU/USD) struggles to gain traction on Friday and remains on course for a second weekly decline as surging Oil prices stemming from the ongoing US-Iran war fuel inflation concerns and trigger a hawkish repricing of global interest-rate expectations, weighing on the non-yielding metal. At the time of writing, XAU/USD trades around $5,090, fluctuating within… Read more: Gold struggles as Oil-driven inflation fears weigh on global interest rate outlook - Gold nears daily low as USD strength counters Middle East tensions ahead of US PCE dataGold (XAU/USD) surrenders a major part of its modest intraday gains and drops to the lower end of its daily range during the first half of the European session on Friday. The US Dollar (USD) buying remains unabated amid the growing acceptance that the Iran war-inspired surge in energy prices would rekindle inflationary pressure and… Read more: Gold nears daily low as USD strength counters Middle East tensions ahead of US PCE data
- Gold trades sideways as traders weigh geopolitics and Fed outlookGold (XAU/USD) recovers earlier losses and trades broadly flat on Thursday as a stronger US Dollar (USD) caps upside attempts, even as Treasury yields ease somewhat after rising earlier this week. At the time of writing, XAU/USD trades around $5,170, rebounding from intraday lows near $5,125. The precious metal remains trapped within a familiar range… Read more: Gold trades sideways as traders weigh geopolitics and Fed outlook
- FREE Forex signal for Thursday 12/03/2026
EURUSD sell 1.15500 TP 1.15350 TP 1.15300 Stop loss 1.16000 GBPUSD sell 1.33800 TP 1.33650 TP 1.33600 TP 1.33550 Stop loss 1.34300 EURJPY sell 183.700 TP 183.500 TP 183.450 TP 183.400 Stop loss 184.200 GBPJPY sell 212.800 TP 212.600 TP 212.550 TP 212.500 Stop loss 213..300 AUDUSD sell 0.71400 TP 0.71200 TP 0.72150 Tp TP… Read more: FREE Forex signal for Thursday 12/03/2026 - Gold edges lower as US CPI meets forecasts and USD strengthensGold edges lower as US CPI meets forecasts and USD strengthens Gold (XAU/USD) trades with a mild downside bias on Wednesday, failing to build on the previous day’s gains as the US Dollar (USD) extends its intraday advance and Treasury yields edge higher after US inflation data came in broadly in line with expectations. At… Read more: Gold edges lower as US CPI meets forecasts and USD strengthens
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