Here is the forecast for today (July 23, 2025) for Bitcoin (BTC/USD):
---$BTC
🔍 Current market situation
BTC oscillates around $119,258, with an increase of ~0.015% compared to the last session. Today's range: $116,751–$120,256.
Trading volume is high, supporting active movement, according to observations from CoinMarketCap (~$76 billion).
---$BTC
📈 Short-term prospects for today and the coming days
CoinCodex predicts a price breakout above $120,000–$123,000, which may open the way for another upward move towards $133,000.
Traders Union forecasts:
+0.82% → $120,245 in the last 24 hours,
+0.47% → $119,836 in 48 hours,
+1.3% → $120,818 over the week.
Changelly forecasts an increase of +0.53% within the next 24 hours – to $119,833, with a neutral-bullish sentiment (~64%).
---$BTC
🔧 Technical analysis
BTC is in a consolidating trend between ~$116,000 and $120,000, which may precede a breakout move.
RSI ~65 indicates clear momentum, but without overbought conditions – possible correction.
MACD recently gave a bearish cross—potential signal of weakening, provided the price falls below $116,000.
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🗓 What to watch today:
1. Level $120,000–$123,000 – breaking above this zone could initiate a move towards $133,000–$140,000, according to analysts from CoinCodex and Hashdex.
2. Support around $116,000 – breaking it suggests a correction and a possible test of lower levels (approximately $110,589 EMA).
3. Volume – an increase in trading above the average supports the breakout scenario; its absence may reinforce consolidation.
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📊 Scenarios for the day:
Scenario Range
Base Consolidation workout, range $118,000–$120,000
Bullish Break above $120,000 → move towards $123,000–$133,000
Bearish Drop below $116,000 → retest EMA 50 (~$110,500)
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🧭 Conclusions and recommendations:
Today, it is important to stay alert – the reaction at levels $120,000 and $116,000 is crucial.
For now, consolidation dominates, but the potential for movement is clearly higher with a breakout.
Short- and medium-term – optimistic valuations according to forecasts (up to $133,000–$140,000 in the coming weeks).
Timely reaction to regulatory information (Genius/Clarity Act) and actions of major players (SpaceX, etc.) may accelerate the market.
