$BTC
Here is a precise summary of the news and points to watch for Bitcoin this Sunday, July 20, 2025:
đ Price & consolidation
Bitcoin stabilizes around $117,300â$118,000, after reaching a peak of approximately $123,000 earlier in the week.
đ Sentiment & traders' positions
Traders are becoming mostly bearish: on Binance, 54% of accounts are in short positions against 46% in long (ratio ~0.85), a sign of high caution in the short term.
đŠ Regulation & stablecoins
The crypto sphere remains under the influence of the GENIUS Act: institutional players are adjusting their positions based on the new stablecoin framework.
âïž Analysis & to follow
Key support: ~-$118,000 â a drop below could trigger a correction.
Resistance around $121,000: a recovery above could reinvigorate the bullish momentum.
Monitoring on-chain flows: significant transfers to exchanges could precede a decline.
đĄ In summary, Bitcoin is navigating through a consolidation phase after a historic record. Sentiment seems to be turning bearish due to dominant short positions. To watch closely: movement below $118,000, crossing above $121,000, and large transfers on-chain to anticipate upcoming trends.