Here is the forecast and analysis of today's Bitcoin (BTC) price for July 21, 2025:
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📊 Market signals and forecasts
Binance expects an increase of about 5% today, which could push the price to around $118,424–118,885.
Changelly estimates a daily increase of +1.29%, which would put the level at $119,639 tomorrow.
According to CoinCodex, market sentiment is extremely bullish (100/100), indicating strong technical optimism.
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🧭 Sentiment and Greed & Fear index
Binance shows the 'Greed' index at 67, indicating a dominance of excessive greed over fear.
Alternative.me (Cointree/CoinMarketCap) confirms a high index (71–72), signaling a state of 'Greed'.
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🏛️ Fundamental and institutional factors
Record inflows into spot ETFs — $14.8 billion since January and $4 billion in the recent period — are driving the record price above $123,000.
Groundbreaking U.S. legislation (e.g., Digital Asset Market Clarity Act), plus potential Bitcoin reserves creation by governments, create an environment conducive to growth and adoption of BTC as 'digital gold'.
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🛠 Key technical levels
Resistance: around $123,200 (historical ATH).
Support: main ranges at $116,800–117,000 (current day's low and 50-day average).
Technical indicators – RSI is neutral (around 50-60), no strong MACD signal, but the dominance of green candles gives a 'buy' signal.
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📈 Daily forecast (24h)
Base scenario: movement within the range of $116,800–118,800, with the possibility of testing resistance at $123,000 in case of positive news or further ETF inflows.
Risk: correction to support at 116,800 in case of global risk-off (e.g., poor macroeconomic data or sudden legislative events).
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⚠️ Summary and recommendations
1. Momentum is bullish – mainly due to institutional inflows and optimistic regulations.
2. Sentiment extremely greedy – a warning for a correction or consolidation.
3. Strategic observations:
A break above $118,800–119,000 may accelerate the move towards ATH ($123k+).
Stop-loss below $116,800 minimizes the risk of a larger correction.
4. Locally continuation scenario – movement in the range of one to two days at levels $117k–119k, with a possible test of ATH, provided institutional sentiment remains strong.
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This does not constitute investment advice – it is a synthesis of current models, technical indicators, and market fundamentals.
