$BTC

Based on the latest technical analysis and market data up to July 22, 2025, here are the price predictions for **Bitcoin (BTC)** for the **next 48 hours** (July 23-24, 2025), with detailed analysis of influencing factors:

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### 📊 **Main Forecasts for Today and Tomorrow**

| **Date** | **Expected Range** | **Direction** | **Probability of Execution** |

|-------------------|--------------------------|-------------|----------------------|

| **July 23** | $119,900 - $121,000 | Limited Rise | 60% |

| **July 24** | $120,300 - $121,900 | Moderate Rise | 55% |

- **Maximum Upside Target**: $121,900 (+1.7% from the current price).

- **Critical Support**: $119,000 (losing it could cause a drop to $118,000).

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### 🔍 **Factors Supporting the Rise**

1. **Positive Technical Indicators**:

- **Moving Averages**: Trading above the 50-day moving average (MA50) at $116,500, reinforcing the upward momentum stability.

- **RSI (Relative Strength Index)**: at 52.9 (neutral with an upward bias), without reaching the overbought stage (>70).

- **Trading Volume**: Its increase above $60 billion daily supports the continued rise.

2. **Resistance and Support Levels**:

- **Strong Resistance**: $120,000 (breaking it could trigger a rapid rise).

- **Immediate Support**: $119,000 (stability above it reduces the risk of a sharp downturn).

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### ⚠️ **Risk Factors and Potential Downturn**

- **Selling Pressures at Resistance**:

Repeated failure to break $120,000 over the past few days, with sell signals appearing near this level.

- **Potential Overbought**:

**Stochastic RSI** indicator at 75 (close to overbought) may cause a rapid technical correction.

- **Overall Market Volatility**:

Bitcoin's strong correlation with fluctuations in global indices (like S&P 500) may increase risks if markets experience downturns.

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### 📉 **Potential Scenarios**

1. **Optimistic Scenario (60%)**:

- Break of $120,000 with high trading volume support (> $65 billion).

- Rise towards $121,900 by July 24.

2. **Neutral Scenario (30%)**:

- Sideways trading between $119,000 - $120,000 with sharp fluctuations.

3. **Pessimistic Scenario (10%)**:

- Breaking support at $119,000 and dropping to $118,000 due to negative news or a sharp decline in trading volume.

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### 💡 **Immediate Trading Recommendations**

- **For Buyers**:

Entry at $119,500 - $119,800, with a stop loss below $119,000.

Profit target: $121,000 (+1%).

- **For Sellers**:

Monitoring at $120,000; entering sell positions if clear rejection signals appear (like long bearish candles).

- **For Holders**:

Waiting for a break of $120,300 to confirm the upward trend.

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### 📌 **Summary: Cautious Uptrend**

> - **Most Likely Scenario: Limited Rise** of 1-1.7% over the next 48 hours, with repeated testing of the $120,000 level.

> - **Critical Point**: Breaking $120,300 will boost confidence in the upward trend.

> - **Main Risks**: Technical overbought or declining trading volume.

> **Final Advice**: Focus on real-time trading data at 10:00 GMT+3 (opening of the European market), where momentum and volume indicators will be critical.