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FPG BTCUSD Market Report August 21, 2025

Fortune Prime Global | 2025-08-21 15:38

Abstract:BTCUSD traded around 114,165.94, consolidating just above the highlighted support area. Market structure still leans bullish on the higher timeframe, but momentum has been weakening after repeated fai

BTCUSD traded around 114,165.94, consolidating just above the highlighted support area. Market structure still leans bullish on the higher timeframe, but momentum has been weakening after repeated failures to sustain above resistance.

BTCUSD printed a bearish weekly candle after struggling to hold gains near resistance, indicating selling pressure remains active. Ichimoku shows price is still above the cloud, reflecting that the broader uptrend is intact, but Tenkan and Kijun are being retested. MACD (12,26,9) remains positive yet shows fading histogram strength, suggesting bearish divergence risk. Meanwhile, the Stochastic Oscillator (5,3,3) points downward from mid-range levels, signaling loss of bullish momentum.

As long as BTCUSD holds above 114,165.00 support, the pair retains the potential for another upward retest. However, a clean break below this level would likely accelerate bearish continuation, exposing the next downside zone around 99,066.87. Until price clears either boundary, BTC remains in a decisive consolidation range.

Market Observation & Strategy Advice:

1. Current position: 114,165.94, sitting right at key support.

2. Resistance: 119,038.12 – rejection zone that capped the latest rally.

3. Support: 114,165.00 – critical pivot, breakdown risks deeper correction. Secondary Support: 99,066.87 – next downside target if 114,165.00 fails.

4. Indicators: MACD (12,26,9): Still positive but histogram weakening, showing momentum divergence. Stochastic Oscillator (5,3,3): Pointing down near 46, reflecting loss of bullish drive.

5. Trading Strategy Suggestions:

  • Short Setup: Sell on confirmed breakdown below 114,165.00 → TP1 108,600.00, TP2 99,066.00.

  • Long Setup: Buy only on bullish bounce from 114,165.00 with confirmation → TP 119,038.00.

  • Risk Management: Tight stops needed, considering BTC is at a “make or break” level this week.

Market Performance:

Crypto Last Price % Change

ETHUSD 4,320.6 −0.34%

LTCUSD 115.86 −0.18%

Today's Key Economic Calendar:

US: FOMC Minutes

DE: HCOB Manufacturing PMI Flash

UK: S&P Global Manufacturing PMI Flash

UK: S&P Global Services PMI Flash

US: Existing Home Sales

Risk Disclaimer This report is for informational purposes only and does not constitute financial advice. Investments involve risks, and past performance does not guarantee future results. Consult your financial advisor for personalized investment strategies.

Related broker

Regulated
Fortune Prime Global
Company name:Fortune Prime Limited
Score
8.59
Website:https://fortuneprime.com/
15-20 years | Regulated in Australia | Regulated in Vanuatu | Market Making License (MM)
Score
8.59

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