🔥🚀 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.