#BTC
## Weekly Forecast: **Bitcoin (BTC) – July 17–24, 2025**
## 📊 Technical Analysis
* **Trend & Indicators**: BTC executed a decisive breakout from a descending channel, sustaining its bullish trajectory. The RSI remains strong but hasn’t yet hit extreme overbought conditions. Meanwhile, MACD continues to support positive momentum.
* **On-chain Signals**: Large institutional wallets, such as MicroStrategy, continue accumulating BTC. This hidden accumulation is a bullish sign and aligns with recent bullish patterns.
### 🛠️ Key Levels and Forecast
Over the coming week, keep an eye on these critical technical zones:
* **Support**:
* **\$107K** – aligned with the 50-day EMA
* **\$100K** – a major psychological and former resistance level
* **Resistance**:
* **\$125–126K** – first major supply zone
* **\$130K** – secondary target if bullish momentum holds
**Forecast**:
If BTC holds above \$107K and macro news remains positive (e.g., favorable legislative developments), we could see a **6–8% rally**, reaching toward \$130K. Conversely, failure to sustain above \$107K might trigger a consolidation phase or a deeper retracement toward \$100K.
### 🗞️ Fundamental Catalysts
1. **U.S. Crypto Legislation**
Anticipated CAP progress on bills like the **GENIUS Stablecoin Act** and **Clarity Act** may diminish regulatory uncertainty—creating a bullish backdrop for institutional inflows.
2. **Macro Trends**
With speculation around potential Federal Reserve rate cuts and a weakening U.S. Dollar Index, BTC stands to benefit. That said, any unexpected rise in the dollar or risk-off sentiment could compress price gains.
### ✅ Summary
**Bitcoin remains bullish** for July 17–24, contingent on holding above \$107K and positive U.S. policy developments. The next upside target sits at **\$130K**, with downside risk confined to **\$100K** should support falter.
