Bitcoin Breakout Looms: Key Levels to Watch This Week

Bitcoin Breakout Looms: Key Levels to Watch This Week

Bitcoin eyes a breakout as ETF inflows, policy shifts, and Ripple’s legal win fuel bullish sentiment. Our technical analysis highlights precise entry, stop-loss, and target zones to trade the move with confidence. Stay ahead with data-driven levels for today’s volatile crypto market.

Sina · August 8, 2025

TradingNews24 Daily Brief — August 8, 2025

📊 Market Overview (3–4 sentences)

Risk tone is constructive as Big Tech strength (Apple’s domestic build-out) and crypto tailwinds keep dips shallow, while semis shrug off tariff risk 12345. Macro drivers: the BoE’s “hawkish cut” to 4.0% supports GBP, and U.S. policy chatter keeps rate-cut expectations alive into next week’s CPI 6789. VIX level: Insufficient information provided. Safe-haven flows: Insufficient information provided. Today’s focus: Canada jobs (09:30), Fed’s Musalem (11:20); prior data showed U.S. initial claims 226k (vs 220k f/c), productivity +2.4%, unit ...

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🎯 Trade Idea of the Day — Long BTCUSD (24–48h)

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✅ Closing (CTA)

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