Bitcoin Post-August 7 Outlook: A Strategic Playbook for the Next Leg Up

The Market Isn’t Broken — It’s Rebalancing

Last night’s dip to \(112,500 wasn’t a crash. It was a stress test. At 8 PM UTC, Bitcoin flirted with \)104,800 on light volume — textbook bearish pressure from news-driven fear, not structural weakness. The market didn’t break down; it bounced back into our pre-defined entry zone at $113,500. That’s not luck — that’s pattern recognition.

The MACD and KDJ both turned dead fish after the bounce failed to clear 1,000 points higher. That tells us: momentum is shifting toward downside control. But here’s where most retail traders misread the script.

Why Waiting for Perfection Is Losing Money

You’ve heard it before: “I’ll wait for the bottom.” Or worse: “I’ll buy only if it breaks $99k.” Let me be blunt — those people don’t trade crypto. They watch it like a TV show while their portfolio stagnates.

We’re now in a classic range-bound phase — low volume, choppy moves, no clear direction. But that doesn’t mean nothing’s happening.

Ether (ETH) is telling its own story: diverging from BTC as institutional players possibly prepare to exit positions (think BlackRock). Meanwhile, new narratives like MYX are pumping hard — proof that speculative energy isn’t dying; it’s just migrating.

Strategic Zones: Where We Watch & Trade

My stance remains unchanged: low-side bias with tactical flexibility.

For Bitcoin:

• Support Zone: \(113,500 → \)112,800 → $111,800 (watch for retesting)
• Resistance: \(114,800 → \)115,500 → $116,500 (take profits here)
• Key signal: Look for an hourly candlestick forming around \(1035–\)1042 at noon on August 5th and today — if rejected there with rising volume? That’s your next long setup.

For Ethereum:

• Focus on $3675 as resistance and \(3575–\)3625 as dynamic support.
• Use every 25-point move as an opportunity to scale in/out without overcommitting.

No one gets every touchpoint right. But disciplined traders win by managing risk first.

The Real Game Is Positioning – Not Prediction

Let me say this again: you won’t catch every wave by waiting for certainty. You’ll miss them all.

Instead of chasing highs or lows? Run a two-sided play within defined ranges:

• Buy near support,
• Sell near resistance,
• Use stop-losses wisely,
• And always keep one more layer of capital ready for emergency entries (yes—your backup plan).

This isn’t gambling; it’s operational finance under uncertainty—a skillset forged in DeFi labs and refined through cold analysis.

The system isn’t broken—it’s recalibrating its center of gravity after macro noise dies down.