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.
- Euro is looking for direction with all eyes on US Nonfarm Payrolls data
The Euro (EUR) is trading sideways between 1.1530 and 1.1550 against the US Dollar (USD) in a holiday-thinned session, with most markets closed on Good Friday. The pair is on track for a 0.3% weekly appreciation, yet with price action trapped halfway through March’s trading range. Mild risk aversion is keeping Euro rallies in check… Read more: Euro is looking for direction with all eyes on US Nonfarm Payrolls data - Free forex signals for Friday 03/04/2026
EURUSD BUY 1.15200 Tp 1.15400 Tp 1.15450 Tp 1.15500 Stop loss 1.14700 GBPUSD buy 1.32100 Tp 1.32350 Tp 1.32400 Tp 1.32450 Stop loss 1.31600 AUDUSD BUY 0.68900 Tp 0.69100 Tp 0.69150 Tp 0.69200 Stop loss 0.68400 GBPJPY buy. 210.900 Tp 211.150 Tp 211.200 Tp 211.250 Stop 210.400 EURJPY BUY 183.900 Tp 184.100 Tp 184.150 Tp… Read more: Free forex signals for Friday 03/04/2026 - Gold recovers as sellers fail to hold below $4,600, USD and yields ease
Gold (XAU/USD) stages a rebound on Thursday and trims most of its intraday losses as sellers fail to sustain a move below the $4,600 level, while easing US Dollar (USD) and Treasury yields provide additional support. At the time of writing, XAU/USD is trading around $4,660, recovering after sliding to $4,554 during the European session.… Read more: Gold recovers as sellers fail to hold below $4,600, USD and yields ease - EUR/USD reversal approaches 1.1500 amid higher Oil prices, risk-off marketsThe Euro (EUR) declines more than 0.5% against the safe-haven US Dollar (USD) on Thursday, extending its reversal from Wednesday’s highs near 1.1625 to session lows just below 1.1520 so far. Fading hopes of a swift end to the Iran war have reactivated risk-off trades, supporting the Greenback and boosting Oil prices, to the detriment… Read more: EUR/USD reversal approaches 1.1500 amid higher Oil prices, risk-off markets
- Gold Price Forecast: XAU/USD rallies further with the $5,000 level on focusGold (XAU/USD) appreciates for the fourth consecutive day on Thursday. The US Dollar (USD) tumbles as hopes of a quick end to the Iran war have improved risk appetite and triggered significant pullbacks in US Treasury yields. The precious metal has rallied to nearly two-week highs past $4,600, bringing the $5,000 target into the bull’s… Read more: Gold Price Forecast: XAU/USD rallies further with the $5,000 level on focus
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