Quick analysis of Bitcoin
💰 Quick Analysis – Bitcoin (BTC) – July 26, 2025
📊 Current price and dynamics
Currently trading around $118,000, up by ~1.2% over the last 24 hours, with a trading range between $116,800 and $118,300. 🔍 Technical indicators and overall sentiment
The RSI indicator for 4-hour and 24-hour periods shows a moderate reading (48.4 and 58.7 respectively), indicating that momentum is generally alive and balanced.
Support and resistance levels are clear: support at ~$115,300 and resistance at ~$118,500. Breaking the resistance could lead to $120,000.. Key driving factors currently
1. The realized cap has surpassed the $1 trillion mark, indicating consistent growth in on-chain value.
2. Massive retreat of cash from banks and investors towards Bitcoin, supported by ETF listing and regulatory approval.
3. Significant increase in open trading positions (derivatives), reaching $44.5 billion, indicating expectations of sharp volatility and potential rise based on the scenario of breaking key levels.. future forecasts. If the price maintains support at $115K, we may see an upward wave towards $120K – $125K in the coming days.
A clear breakout above $120,000 could pave the way towards a target of $135K – $199K according to Citigroup's analytical scenarios. ⚠️ Smart trading strategies ✅ Buy regularly and progressively (DCA) instead of making a lump-sum purchase.
🚫 Avoid selling under pressure in support areas—BTC may stabilize and bounce back. 🛎️ Watch the Federal Reserve meetings and upcoming monetary policy implementations, like the expected digital asset policy report to be released on July 30.
Engagement share:
Do you think Bitcoin will break $120K this week? Or do you lean towards a correction to $114K – $115K?
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$BTC
BTC
119,073.84
+0.88%
