#CryptoScamSurge # Analysis of BTC Price Movement

## Current Situation

BTC has shown a decline in recent hours, trading at **117,565.90 USDT** (latest data). Over the past day, there has been a decrease from a maximum of **119,290.10 USDT** to current values.

## Key Observations

- **Short-term Trend**: Downward — the price has decreased from 118,577.60 to 117,565.90 USDT over the last 14 hours

- **Trading Volume**: The highest activity was observed at 21:00 on July 23 with a volume of approximately 1,260.29 BTC

- **Support Levels**: 117,300-117,500 USDT

- **Resistance Levels**: 118,500-119,000 USDT

## Interesting News

On July 22, a large transfer of **656 BTC (77.4 million dollars)** occurred from Binance to their institutional storage platform Ceffu. Such movements of funds by institutional players often indicate strategic positioning.

## What This Could Mean

The transfer of large sums to an institutional storage platform may indicate that major investors prefer safe storage of BTC over active trading at this time, possibly waiting for further market movement.