#BTC #CryptoTrends #PriceAction #BTCBreakout #BinanceSquare
Bitcoin is back in the spotlight: after a week of intense volatility, BTC is holding steady between $117,000 and $118,300, defending the critical support at $115,000. The market is split—some see institutional accumulation, others fear a classic bull trap.
📊 Technical Snapshot as of July 27, 2025
Current Price: $118,348
24h Change: -2.45%
RSI (4H): 35.35 — oversold territory
MACD (1H): bullish crossover with positive divergence
Key Support: $115,000
Immediate Resistance: $119,000
Rebound Setup or Manipulation Play?
The RSI suggests potential for a technical bounce, but over $960M in liquidations—mostly long positions—indicates traders are being caught off guard.
Some analysts argue that institutions are quietly accumulating BTC at lower levels, while others warn this range re-entry is a liquidity trap designed to flush leverage before another drop.
🧩 Trader Strategy
🔸 Watch volume behavior near $115,000 — confirmation here could signal a bounce.
🔸 Bullish target: $119,000–$123,000 if momentum builds.
🔸 Stop-loss zone: below $114,500 to avoid fakeouts.
🔸 Breakdown risk: if BTC loses $113,500, expect a slide toward $110,400.
What’s your take?
Is this the start of a new rally, or just another shakeout before deeper correction?