Bitcoin(BTC/USD) Daily Chart Analysis For Week of July 31, 2026Bitcoin / U.S. dollarBITSTAMP:BTCUSDTradeSelecterTechnical Analysis and Outlook: This week's trading session for Bitcoin showed continuous price fluctuations, resulting in a downside breakdown and reaching the Mean Support level of $62,300. This price action suggests a possible further decline toward the Mean Support levels of $61,500 and $60,100, with a chance of retesting the Key Support level at $58,600 and completing the Inner Coin Dip marked at $58,500. On the upside, Bitcoin is foreseen to rebound toward the Mean Resistance level of $65,400, with Key Resistance at $66,700. Ultimately, there is potential for it to reach the Inner Coin Rally target of $69,500.