Technical analysis by trading_mura about Symbol BTC on 8/7/2025

Bitcoin is currently following the bullish (green) scenario. The 1H RSI is overbought, and the 4H RSI is already above 70, so I'm closely watching the price action. A local correction would be logical before a potential move up toward the resistance zone at $118,319–$120,179 . If the price drops back below the $115,000 level, I’ll be looking for a decline toward the support zone at $112,300–$110,400 .