🔍 BTC Overview (July 22, 2025)
Current Price: ~$117,216, fluctuating between $116,767–$119,524 intraday.
BTC is consolidating within a symmetrical triangle on the 4‑hour chart, bound by rising support and descending resistance lines.
Volume tightens, indicating a pivotal breakout may happen soon.
📐 Technical Levels & Indicators
Support Zones: $116,000–$116,500 — buyers accumulating here.
Resistance Zones: $119,000 → $121,000 — key levels ahead.
RSI (4H): ~67 — near overbought; caution for short-term pullbacks.
MACD (4H): Bullish crossover present — signs of upward pressure.
Volume: Accumulation at support and strong on breakout attempts$.
📈 4‑Hour Signal Plan
🟢 Bullish Scenario
Entry: On breakout and close above $119,000–$119,500 with volume
Targets:
1. $121,000
2. $123,200
Stop‑Loss: Below $116,500
🔻 Bearish Scenario
Trigger: Break below $116,500 with momentum
Targets: $115,000 → $114,000
🔁 Bias: Neutral to slightly bullish — rising support and volume setup favor a breakout above the triangle.
✅ Trade Strategy
Breakout Traders: Monitor $119K–$119.5K closely—volume-confirmed breakout = entry.
Dip Buyers: Target bounce at $116,000–$116,500 with tight protection.
HODLers/Accumulators: Current consolidation is a reasonable entry before the next bull leg.
🛑 Disclaimer: This is educational content—not financial advice. Always DYOR, use stop‑losses, and manage position size.
💬 What’s your view? Do you expect a breakout to $123K, or a pullback to $114K? Share your plan 👇
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