Technical analysis by fxpremiere about Symbol BTC on 8/21/2025

BTC/USDT Forecast – August 21, 2025 Bias: Neutral to Bullish (consolidation before potential breakout) Bitcoin is trading steadily around the $64,000 zone as traders balance optimism over institutional inflows with caution ahead of upcoming macroeconomic events. The crypto market remains resilient despite short-term volatility, with BTC holding above key support levels. Key Levels to Watch Support: $62,500 – A breakdown here could invite selling pressure toward $60,000 Resistance: $65,500 – A breakout above this barrier may fuel bullish continuation toward $68,000 Range Zone: $62,500 – $65,500 (consolidation range) Market Outlook Institutional demand and ETF flows remain a strong support factor for Bitcoin. Global risk sentiment and dollar strength continue to influence crypto momentum. Traders are awaiting Fed updates and macroeconomic releases to gauge risk appetite. Trading Plan: Watch for a breakout above $65,500 for bullish momentum targeting $68,000. Bears need a close below $62,500 to regain control in the short term.