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Bitcoin (BTCUSD) is under continuous selling pressure -Analysis-06-08-2025
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Bitcoin (BTCUSD) is under continuous selling pressure -Analysis-06-08-2025
Aug 5, 2025 8:58 PM

The price of Bitcoin (BTCUSD) witnessed fluctuated trading in its last intraday levels, amid the continuation of the bearish pressure that comes from its stability below EMA50, and it remains under the bearish correctional trend dominance on the short-term basis, and its trading alongside a supportive bias line for the trend.

The (RSI) indicators reinforce this negative overview, with the continuation of the negative signals issuance, keeping the chances for more downside moves unless regaining main resistance levels that supports reversing the track.

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