July 17 BTC Market Overview + Trading Reference📈
(Recommended to bookmark + keep an eye on the market, strategy logic is clear)
Currently, Bitcoin $BTC is in a 1-2 hour level correction phase
Today, focus on a key level: 118740
✅ As long as the short-term 1-2 hour level can steadily stay above 118740,
👉 Minor corrections are basically over
👉 Bullish trend will restart
Important resistance levels above:
▶️ 120460 (short resistance)
▶️ 122030 (strong resistance)
▶️ 123300 (phase target)
If today's closing fails to hold above 118740
It indicates that bulls are temporarily weak, and the market will continue to dive
Support levels below are:
🔻 117000
🔻 115660
🔻 114730
⚠️ Note: This article is for directional reference; specific entry and exit points, take profit and stop-loss signals have been published in the internal strategy pool
Remember: Being right about the market direction half the time won't make you money; the key is the timing of entry and exit
Retail traders rely on luck, institutions rely on strategy
