Here’s the updated deep technical analysis & signal for Bitcoin (BTC/USDT) as of July 19, 2025:
🔍 Market Overview
Current Price: ~$118,278, showing a 1.6% dip from today’s high near $120,700 to a low around $117,000
Context: BTC has been range-bound between $117K–$120.7K, awaiting clear momentum for the next move
📐 Key Levels
Level Price Ranges
Support $117,000 → $115,400 → $114,000
Resistance $120,700 → $122,500 → $123,200
⚙️ Indicator Insights
RSI (4H): ~55 – firm bull territory but not overbought yet
MACD (4H): Bullish crossover with rising histogram .
Volume: Elevated during recent breakout attempts above $120K, but thinning on retrace—a sign of profit-taking, not panic sell-off
📈 Signal Strategy (Next 4–8 Hours)
🟢 Bullish Scenario
Entry Trigger: Buy on reclaim of $120,000–$120,700 zone with confirmation (strong candle + volume)
Targets: $122,500 → $123,200
Stop-Loss: Below $118,000
🔻 Bearish Scenario
Trigger: Break below $117,000 with surge in volume
Targets: $115,400 → $114,000
Stop-Loss: Above $117,500
📊 Bias: Leaning bullish, as long as BTC holds above $117K and reclaims resistance zone.
✅ Trade Plan Summary
1. Breakout Traders: Watch for move above $120.7K, confirm with volume to ride to $123K+
2. Dip Buyers: Consider entry near $117K with bounce confirmation, using stops to manage risk
3. HODL Accumulation: Range presents opportunity to add in $117–$115K band ahead of macro catalysts
🛑 Disclaimer: This is for educational purposes only—not financial advice. Always do your own research and manage your risk.
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