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Bitcoin
Long

BULLISH - Short Term Breakout - Inverted Head and Shoulder

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Regarding the daily price forecast from July 28, 2025 (Monday), through August 1, 2025 (Friday), the projections are derived from the bull flag continuation pattern, cross-referenced with aggregated analyses from recent market data, technical indicators (such as RSI and MACD showing neutral-to-bullish momentum), on-chain metrics (indicating accumulation at $115,000–$117,000), and a distribution of expert predictions. These include short-term consolidation with a potential dip for liquidity clearance, followed by a breakout, aligning with historical post-halving cycles and institutional inflows. Note that cryptocurrency prices are inherently volatile and influenced by factors such as Federal Open Market Committee outcomes, ETF flows, and macroeconomic events; these forecasts are speculative and not financial advice.
• July 28, 2025 (Monday): Anticipated consolidation within the flag channel amid low weekend volume. Expected range: $116,800–$118,500. Key targets: Support at $116,700 (lower flag boundary, potential entry for accumulation); resistance at $118,500 (upper flag line, breakout watch level). Average closing prediction: $117,800, reflecting neutral sentiment with minor downside risk if global markets weaken.   
• July 29, 2025 (Tuesday): Possible test of lower support amid early-week volatility, potentially sweeping liquidity before rebounding. Expected range: $116,000–$119,000. Key targets: Downside at $116,000 (critical on-chain accumulation zone); upside at $119,000 (initial breakout threshold). Average closing prediction: $117,500, with a 40% probability of a brief dip followed by stabilization.   
• July 30, 2025 (Wednesday): Breakout attempt likely if support holds, driven by mid-week momentum and potential dovish policy signals. Expected range: $117,500–$120,500. Key targets: Support at $117,000 (mid-channel level); resistance at $120,000 (psychological barrier and prior high). Average closing prediction: $118,900, assuming bullish confirmation above $118,500.   
• July 31, 2025 (Thursday): Extension of upward movement post-breakout, with volume potentially increasing. Expected range: $118,500–$122,000. Key targets: Support at $118,000 (retest of breakout level); resistance at $121,000 (flagpole projection start). Average closing prediction: $120,200, supported by technical alignment and ETF inflow trends.   
• August 1, 2025 (Friday): Momentum continuation toward weekly close, with risk of profit-taking. Expected range: $119,500–$123,500. Key targets: Support at $119,000 (new floor post-breakout); resistance at $123,000 (extended target based on pattern measurement). Average closing prediction: $121,800, aligning with broader bullish forecasts for early August.   

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