Here is today's forecast for Bitcoin (BTC) for July 18, 2025:

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📈 Current market situation

Bitcoin is hovering around 120,350 USD with an increase of ~+1.8% over the day. The daily range is 117,715–120,714 USD.

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🔍 Short-term forecast (24–48h)

Changelly suggests an increase of ~1.6%, which means reaching a level of ~119,700 USD tomorrow.

CoinEdition predicts a breakout from the triangle formation, in case of a breakout above 122,000 USD, a quick move towards 125,000–128,000 USD, with support at 118,600 USD.

Technical analysts, including Katie Stockton, point to a 'cup-and-handle' pattern and MACD, which opens potential for another increase of +14% to around 134,500 USD in the near future.

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🧭 Factors influencing the price today

1. Regulatory impulse – the US Congress has passed three key regulatory laws ('Crypto Week'), which favors institutional investments.

2. Capital inflows – record purchases through ETFs, with inflows exceeding a billion dollars daily.

3. Technical structures – formations on the charts favor a breakout, but increasing DVOL volatility may herald a short-term correction.

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🎯 Key levels and trading strategies

Level Value USD Importance

Support ~118,600 (20 EMA) and 116,800–116,000 No drop below, bullish trend remains intact

Resistance ~122,000–125,000 (triangle + EMA + historical ATH) A breakout may open movement towards 130,000+

Potential 125,000+; technicians expect 134,500 USD (14%) With maintained momentum and institutions

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✅ Daily recommendation

For short-term traders: it's worth watching the level of 122,000 USD – if it breaks with high volume, one might consider entering with a target of 125–128,000 USD and a stop-loss below 118,600 USD.

In the event of a drop below 118,600 USD, a test of lower levels of 116–116.8k USD is possible – a good moment to consider entering or adding to a position.

Long-term: technical formations and strong capital inflow provide grounds for the continuation of the bullish trend, but it's worth monitoring DVOL volatility.

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🔮 Conclusions

Bitcoin is at a potentially pivotal moment – approaching resistance but supported by institutional confidence and regulatory frameworks. The technique indicates potential for upward movement to 130,000–134,500 USD, as long as support is maintained.