$BTC
The price of Bitcoin hovers on Sunday, July 13, 2025, around $118,077, with a 24-hour market capitalization of $2.34 trillion and a trading volume of $20.09 billion. The intraday range shows a narrow band between $117,103 and $118,189, indicating a day of consolidation at elevated levels near resistance. The Daily BTC/USD chart reflects a clear upward trend from a low of $98,240, where the consolidation extends to $118,839 before stalling. This upward movement is supported by an increase in volume earlier, although recent bars indicate a decline in momentum, possibly signaling a distribution phase. Price action is consolidating near the highs, with support re-established at $110,000 and $106,000. A corrective move to the range between $110,000-$112,000 may provide a buying opportunity if accompanied by a bullish reversal candle and an increase in volume. Profit-taking is advised near the $118,500-$119,000 area, especially if bearish reversal patterns emerge. #BTCBreaksATH
