$BTC Bitcoin's (BTC) recent surge past $118,000 marks a strong bullish trend! 🚀 ETF inflows and institutional interest are key drivers. While the RSI indicates overbought conditions, suggesting a possible healthy pullback, the overall momentum remains positive.
Key levels for the week (July 14-20):
* Support: Look for bounces at $115,000 🛡️ and $111,000 (former ATH) 💪. Stronger support lies around $108,000-$109,300.
* Resistance: $120,000 is the immediate psychological barrier 🎯. A break above could open doors to $122,000-$125,000. Further targets hint at $134,000-$140,000! 📈
Watch for consolidation, but the bullish narrative looks intact. Dip-buying opportunities could emerge. 📊