Forecast update for Bitcoin -07-08-2025
AI Summary
- Bitcoin's price surged in recent trading, surpassing negative pressure and offloading overbought conditions, with positive signals on a short-term basis.
- BestTradingSignal.com offers professional trading signals for US stocks, cryptocurrencies, forex, and VIP signals for gold, oil, forex, Bitcoin, Ethereum, and indices.
- VIP Trading Signals Performance for July 28 - August 1, 2025 can be viewed in the full performance report on the website.
The price of (BTCUSD) soars high in its last intraday trading, where it managed to surpass the negative pressure of the EMA50, opening the way for achieving these strong gains, after its success in offloading its clear overbought conditions on the (RSI), with the emergence of positive overlapping signals on the short-term basis and its trading alongside a supportive bias line for the track.
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Forecast update for Brent crude oil -07-08-2025
The price of (Brent) declined in its last intraday trading, due to the stability of the significant resistance levels at $67.50, where this level protect the price on the intraday levels, attempting to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, on the other hand, it remains affected by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, which makes us rule out any attempt to recover on the near-term basis.
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Forecast update for crude oil -07-08-2025
The price of (crude oil) witnessed fluctuated trading on its last intraday levels, affected by the continued negative pressure due to its trading below EMA50, and under the dominance of minor bearish wave on the short-term term basis, on the other hand, we notice the beginning of the positive signals on the (RSI), after reaching oversold levels to help the price to settle.
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Forecast update for Silver -07-08-2025
The price of (Silver) resumes the rise in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the bullish track, especially with the emergence of the positive signals on the (RSI), after its success in offloading some of its overbought conditions, which allowed it to achieve these strong gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias for this trend.
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Subscribe via TelegramVIP Trading Signals Performance – July 28 – August 1, 2025
To view the full performance report for this week, visit the following link: