$BTC ๐ #Bitcoin Market Update โ July 19, 2025
Bitcoin ($BTC) is currently trading around $117,300, testing a key support level on the 4H chart.
๐น Technical View:
BTC is sitting right at trendline support. If this zone holds, we may see a bullish bounce toward $119,800 โ $122,000.
๐น Bearish Scenario:
A breakdown below this level with volume could push price down to $116,000 โ $114,000.
๐น Market Sentiment:
Investors are cautiously optimistic as macroeconomic uncertainty still weighs in. Volume remains moderate.
๐ Key Levels to Watch:
Support: $117,000 / $114,000
Resistance: $119,800 / $122,000
๐ก Stay alert and manage your risk. BTC is at a decision point!
