$BTC [Quick Analysis of BTC – Date 12/07/2025]

BTC has just reached the old peak of 118,800 and has pulled back, warning that profit-taking selling pressure is emerging.

• RSI on both the 4H & Daily timeframe is overbought (RSI > 80)

• The 4H timeframe has formed an Evening Star pattern, a clear signal for correction.

• If it cannot break above 118,800, there is a high possibility that BTC will correct to the range of 115,200 – 113,000

🎯 Short-term scenario:

• Light short in the range of 118,500 – 118,800, TP 115k – 113k

• Long again if it drops to 113,000 – 114,000, SL below 111,500

⛔️ Do not FOMO at this time – this area is a distribution zone!

🧊 Keep a cool head, riding the pullback wave is still better than chasing the top.