🍋 $BTC has just tested the level of 119,800 USDT, after which it quickly dropped to 118,774 USDT — this indicates profit-taking after the rise.
🧠 Forecast for $BTC today (July 28, 2025):
🔹 Likely consolidation in the range of 118,700 – 119,300 USDT, with possible fluctuations in a narrow range.
🔹 If $BTC remains above MA(99) and volumes continue to grow — a bounce back to 119,400 – 119,600 USDT is possible.
🔻 But if the price breaks down again below the zone of 118,700 USDT — the next support is around 118,400 – 118,200 USDT.
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⚠️ What to consider for the trader:
Do not open a long position at the peak of the "bounce", better wait for confirmation above 119,300 USDT.
If BTC breaks below MA(99) — a local dump is possible.
The current situation looks like a pullback within a range or a short rest after the rise.
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💡 Conclusion:
Neutral-cautious scenario. BTC is currently "resting", and the market is deciding — whether this will be a continuation of the correction or a new surge. Watch the levels of 118,700 and 119,300. For now — buy cautiously, sell only on a break of support.
