Bitcoin setup for a move ahead | market outlook: crypto trading| 19.08.2025
2025-08-20
This week’s outlook looks at crypto trading with a focus on bitcoin trading. After last week’s pullback, Bitcoin is testing a major support zone, with indicators suggesting a possible bullish correction ahead. But is $120,000 still on the table, or could market conditions shift again? We also explore what the MVRV ratio and sentiment data mean for traders, and highlight the key events from the Fed that could shape price action. Where does Bitcoin go next, and what should traders be watching most closely? Watch the full outlook to find out.
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The USD is mixed vs. the 3 major currency pairs ahead of the US PPI and claims data.
2025-08-14
For the USDJPY it fell sharply after breaking a confluence of technical levels. The EURUSD bounced off its own confluence of support, while the GBPUSD is little changed and awaits the next shove.
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