✅ Key Signals $BTC 16 July, 13-40

The price has broken through MA(99) from above — this indicates increasing buyer interest and a potential recovery of the medium-term uptrend.

MA(7) and MA(25) are diverging upwards — bullish signal, short-term strength on the buyers' side.

RSI(6) = 67.84 — shows that we are close to the overbought zone. A local pullback is possible.

Volumes are increasing, however, the last candle looks like a potential stop after a strong move — a signal of market indecision.

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🧭 Forecast $BTC for today:

🎯 Main scenario: $BTC may test resistance in the range of $119,300–$119,700. If it consolidates above — the path to $120,000 is open.

⚠️ Risk of pullback: if the price does not break $119,300, we may see a local decline to support at $117,600–$117,800, where MA(25) and the previous cluster are located.

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🛠️ Recommendation to traders:

📌 Long positions — with profit taking near $119,700

📌 Short — only after a clear rejection with high volume near $119,300

🛡️ Stops — no lower than $117,400

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