Bitcoin (BTC) Price Analysis (Aug 05, 2025): Key Resistance Holds as BTC Struggles Near $114K

Bitcoin is trading around $114,000 and continues to look bearish on the lower timeframes. As highlighted in our previous analysis, the price slipped below the $115,500 support and then bounced from just under the $112,000 region, which remains a key liquidity zone. That bounce lacked conviction, and BTC still isn't showing any real momentum. The price may continue to consolidate or even revisit lower levels if buyers remain inactive. Let’s break down the latest BTC charts to see where it could be heading next.

Analyzing the Charts

On the 1-hour chart, Bitcoin bounced from the $112,000 level but is now struggling to break past $115,500. This level, which previously acted as support, has now flipped into resistance. For any meaningful recovery, buyers need to push the price back above this zone with strong momentum.

The 1-day chart tells a similar story but adds more context. Bitcoin is now facing trendline resistance that it previously held as support. After breaking below this ascending trendline, the structure has flipped, and the trendline is now capping any upward moves. As long as BTC remains below it, the risk of short-term downside pressure stays in play.

Zooming out to the 4-hour chart, the overall structure suggests that upward movement remains limited for now. If Bitcoin rejects the trendline resistance and fails to reclaim the $115,000 level on the lower timeframes, the price will likely revisit the $112,000 support zone in search of liquidity. A deeper wick toward $110,000 is also possible if selling pressure intensifies. On the flip side, a clean breakout above $115,500 could open the door for a move toward $120,000, a key resistance that has capped price action for over a month.

Final Takeaway: What is Next for Bitcoin (BTC)?

Bitcoin is trading near $114,000 and struggling to build momentum. The price is facing strong resistance around $115,500 and continues to reject the trendline on multiple timeframes. If this rejection holds, BTC could revisit the $112,000 support or even wick toward $110,000. However, if bulls manage to push above $115,500, the next major level to watch is $120,000. For now, the short-term Bitcoin price prediction leans neutral to bearish, unless a clean breakout shifts the momentum.