.png)
.png){kind=small}
🟡 BTCUSD Daily Market Analysis—August 8, 2025 by K9 Investments Trading
- K9 Investments
- Aug 8
- 3 min read
💬 WhatsApp K9 Investments Trading here for FREE Gold Forex Live Trade Setups & Market Analysis.
Current Market Price
The live market price of Bitcoin (BTCUSD) is $116,836 USD. In this article, we will conduct a thorough analysis of the Bitcoin market using various technical indicators, providing insights for traders across Dubai, Singapore, India, Australia, Germany, and the Netherlands.
Market Analysis Overview
Support & Resistance Levels
Understanding the support and resistance levels is critical for effective trading. Here are the current levels for BTCUSD:
Daily Time Frame:
Support Levels: $115,500, $115,000
Resistance Levels: $118,000, $119,000
4-Hour Time Frame:
Support Levels: $116,000, $116,500
Resistance Levels: $117,500, $118,500
Fibonacci Retracement Levels
Fibonacci retracement levels are instrumental in identifying potential reversal points. Here are the key swing levels for BTCUSD:
Daily Swing Levels:
23.6%: $116,000
38.2%: $117,500
61.8%: $118,500
Exponential Moving Averages (EMA)
The EMA helps traders gauge market trends. Below are the EMA levels for both daily and 4-hour time frames:
Daily Time Frame:
EMA 50: $116,200
EMA 100: $115,800
EMA 200: $115,600
EMA 400: $115,200
4-Hour Time Frame:
EMA 50: $116,300
EMA 100: $116,000
EMA 200: $115,700
EMA 400: $115,400
RSI Divergence
The Relative Strength Index (RSI) is currently showing divergence, indicating potential price corrections. Traders should watch for signs of reversal as the market approaches the overbought or oversold zones.
Order Blocks
Identifying order blocks can provide insights into areas of significant buying or selling activity. Key order blocks for BTCUSD are identified around the $115,500 and $117,500 levels.
MACD Analysis
The Moving Average Convergence Divergence (MACD) indicator is currently bullish, suggesting upward momentum in the Bitcoin market. Traders should consider this in their decision-making process.
Summary of Key Levels
💡 BTCUSD Daily Analysis Summary by K9 Investments Trading – Contact Us
🥇 Join our FREE Telegram Channel: @K9_Investments_GoldTrading here.
Key Levels:
Daily Support and Resistance:
Support: $115,500, $115,000
Resistance: $118,000, $119,000
4-Hour Support and Resistance:
Support: $116,000, $116,500
Resistance: $117,500, $118,500
Exponential Moving Average (EMA) Levels:
Daily:
EMA 50: $116,200
EMA 100: $115,800
EMA 200: $115,600
EMA 400: $115,200
4-Hour:
EMA 50: $116,300
EMA 100: $116,000
EMA 200: $115,700
EMA 400: $115,400
Weekly Pivots:
Pivot Point: $116,500
Resistance 1: $118,000
Support 1: $115,500
Daily Pivots:
Pivot Point: $116,800
Resistance 1: $117,500
Support 1: $116,200
Fibonacci Retracement Levels:
23.6%: $116,000
38.2%: $117,500
61.8%: $118,500
Fundamental Analysis and Upcoming USD News
📈 Upcoming important USD news includes the Federal Reserve's interest rate decision, which can significantly impact the BTCUSD market. Traders should stay informed about economic indicators that could influence Bitcoin's price movements.
FAQs
Why is K9 Investments the best signal provider?
K9 Investments offers not only FREE signals but also educational resources, daily market analysis, and ebooks. Explore our Free Gold Forex Trading Ebook
Which brokers are trusted for Gold Forex Crypto trading?
Based on client feedback, we recommend the following brokers:
How can I get free trading signals?
💎 Get FREE Signals from K9 Investments to enhance your trading strategy.
What are the benefits of trading with K9 Investments?
K9 Investments provides comprehensive market analysis, educational resources, and access to a community of traders.
How can I learn more about trading?
🥇 Learn More About K9 Investments to understand our services and offerings.
What educational resources does K9 Investments provide?
💡 Check out our Level 1 Forex Trading Educational Videos for valuable insights.
How often does K9 Investments update its market analysis?
We provide daily updates to ensure our traders have the most accurate and timely information.
Can beginners use K9 Investments' signals?
Absolutely! Our signals are designed to assist traders of all experience levels.
Disclaimer
Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss and Proper Risk Management.
Comments