📊 BTC/USDT Spot Analysis – July 20, 2025
Current Price: $117,985.58 (+0.38%)
🔍 Market Update:
BTC has been in a strong uptrend recently and is currently seeing some profit booking. As per the chart, a possible correction could be seen that could bring the price to the support zone in the $111,000 – $113,000 range (marked in the red box).
📉 Potential Support:
🟥 $111,000 – $113,000 (Major Support Zone)
📈 Price Action Prediction:
After some consolidation and price accumulation at this support zone, BTC could bounce back and breakout towards $120,000+.
📅 Target Timeline:
Price may consolidate until mid-August and a big move is expected in September.
🚨 Tips for traders:
Opportunity to do DCA at support zone.
Consider confirmed entry after resistance break.
Focus on risk management.
✅ DYOR (Do Your Own Research)
Crypto market is volatile, so focus on your own analysis and risk management.
