🔥🚀 July 11 · $BTC /USDT Spot Intraday Forecast 🚀🔥

💰 BTC just hit a fresh high at $113,800, now consolidating between $111,300 – $113,800 after breaking out of its descending channel – confirming strong bullish momentum.

🔹 Key Levels:

🔻 Support: 111,300 – 111,000

🔺 Resistance: 113,800 → 114,000 → 120,000

🎯 Breakout Target (measured move): ~146,000

⚙️ Indicators:

✅ RSI: 65–70 (bullish, not overbought)

✅ MACD: strong upside momentum

✅ Volume: spot volume declining but ETF inflows strong → institutional demand confirmed

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⚡ Trader Playbook:

✔️ Long Entries: On dips to 111,300 – 112,000

✔️ TP Zones: 114K (partial), 120K (extension)

✔️ Stop Loss: below 111K or tight at 110.5K

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📈 Insights:

🔹 Daily close above 114K opens the path to 120K → 130K+

🔹 Loss of 111K risks a retest of 107K or even 100K

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💡 Advice:

✅ Always manage risk strictly

✅ Trade with a clear setup plan

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⚠️ Disclaimer: Not financial advice. DYOR and manage your capital wisely.

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