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25.07.2025 07:59 AM
Trading Signals for BITCOIN for July 25-28, 2025: buy above $115,000 (5/8 Murray - 21 SMA)

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Bitcoin is trading around $115,400 after reaching the key level of $115,000, and a technical rebound is likely imminent in the coming hours, reaching the 21SMA around $118,350.

If Bitcoin continues its decline, we should expect consolidation below the 5/8 Murray, then BTC could reach $113,519 around the 200 EMA and the 4/8 Murray around $112,500.

On the other hand, the eagle indicator has reached oversold levels, so Bitcoin is more likely to continue recovering in the coming days as long as the price consolidates above $115,625.

Key support levels to consider are around S_3 at $114,800, the 5/8 Murray at $115,625, and finally the 200 EMA at $113,519.

Immediate resistance is located at 117,096, 118,200, and finally at the 6/8 Murray around 118,750.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
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