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 slumps as lack of US‑Iran ceasefire progress weigh ahead US jobs data
Gold price (XAU/USD) attracts some sellers to near weekly low during the early European session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday. Iran’s Foreign Minister Abbas Araghchi said Wednesday that “no… Read more: Gold slumps as lack of US‑Iran ceasefire progress weigh ahead US jobs data - Free forex signals for Thursday 04/05/2026
EURUSD BUY 1.15950 Tp 1.16050 Tp 1.16100 Tp 1.16150 Stop loss 1.15450 GBPUSD BUY 1.34200 Tp 1.34300 Tp 1.34350 Tp 1.34400 Stop loss 1.33700 AUDUSD BUY 0.71300 Tp 0.71400 Tp 0.71450 Tp 0.71500 Stop loss 0.70800 GBPJPY SELL 214.700 Tp 214.650 Tp 214.600 Tp 214.550 Stop loss 215.200 EURJPY SELL 185.750 Tp 185.600 Tp 185.550… Read more: Free forex signals for Thursday 04/05/2026 - Gold Price Forecast: XAU/USD defends 200-day SMA at $4,425, but for how long?Gold is attempting a tepid recovery toward $4,500 early Thursday, as renewed optimism in the Mideast geopolitical front calms market nerves. Gold sees a dead cat bounce? This cautious optimism across Asian markets weighs on Oil prices and diminishes the US Dollar’s (USD) safe-haven appeal, helping Gold stage a decent comeback from the weekly low… Read more: Gold Price Forecast: XAU/USD defends 200-day SMA at $4,425, but for how long?
- Gold Price Forecast: XAU/USD eyes 200-day SMA near $4,425 on renewed Gulf hostilities, firmer Oil.Gold is back in the red early Wednesday, holding below $4,500 after the previous pullback, as sellers retain control amid sustained US Dollar (USD) demand and renewed geopolitical concerns. Gold looks to US ADP jobs and ISM Services PMI Following a volatile trading day witnessed on Tuesday, Gold is facing fresh headwinds from the ongoing… Read more: Gold Price Forecast: XAU/USD eyes 200-day SMA near $4,425 on renewed Gulf hostilities, firmer Oil.
- Euro: Range holds as labour data supports Dollar.
Danske Research Team notes that EUR/USD stayed broadly unchanged in a 1.1620–1.1650 range as short-term US and Euro area rates were steady. The analysts highlight stronger US JOLTS data and a robust labour market, which they say is no longer cooling. They add that this combination of strong macro data and robust earnings challenges bearish… Read more: Euro: Range holds as labour data supports Dollar.
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