🔎 Technical Analysis $BTC ⏰ As of 11:53, July 10, 2025

Price above all major MAs:

MA(7): $111,183

MA(25): $110,250

MA(99): $108,987

➤ This confirms a strong uptrend.

RSI(6): 65.76

➤ Signal of approaching overbought territory, but currently not overheated. Confirmation of buyer strength.

Volume: ➤ Strong volume on the breakout $108,300 → $112,000. Then, decreasing volume indicates consolidation before a new impulse.

Price is consolidating within $110,500–$111,500

➤ This may be a base for the next breakout.

🔮 Forecast for today:

✅ Base scenario (65%):

Price is moving sideways with a potential breakout at $112,000. If it holds above — possible movement to $113,500–$114,200.

⚠️ Alternative scenario (35%):

A slight pullback to $110,000–$109,500 before a repeated attempt to rise.

---

📌 Conclusion:

Bitcoin remains strong after a bright breakout. If volumes increase — we can expect a new high.

But right now — a breathing phase: traders better wait for a breakout at $112K or catch a pullback.

📍Risky long entries are possible at the support of $110,000 with a stop below $109,300.

Short signal — only upon breaking $108,500.

---

🔔 Watch the volume and reaction at the levels of $112K — this is key for today.

💹