📊 Bitcoin ($BTC ) Price Analysis & 24-Hour Forecast

📌 Current Overview – $BTC

Price: ~$113,588

24h Change: ‑0.75%

Daily Range: $112,764 (low) – $115,010 (high)

BTC recently tested a key resistance level near $116,000, with several indicators hinting at underlying bullish potential.

🔮 Next 24-Hour Forecast

📈 Short-Term Technical Outlook:

Price is expected to range between $113,000–$116,000, as long as BTC holds above its uptrend line and the 200-day moving average.

Some models forecast BTC at ~$112,923 tomorrow — very close to current levels (+0.1%).

CoinDCX predicts a minor upside to around $114,588 by August 7, 2025 (+0.46%).

✅ Technical Summary

Neutral zone: $112,900–$114,000, slight upside potential if BTC holds key support.

Major resistance: $115,000 — needs a strong breakout to sustain upward momentum.

Support levels: $112,700 and lower. If broken, risk of decline to the $110K–$109K range.

⚠️ Key Market Drivers

Macro news & regulations: Unexpected headlines, regulatory shifts, or tech-sector news can cause sharp volatility.

Market behavior: Trading patterns within the current range will play a major role.

Global economic updates: Inflation data or financial events could influence crypto movements.

🧭 Investor Strategy – $BTC

Short-term traders: Consider targeting buy/sell zones between $112,800–$114,000.

Risk management: Use a stop-loss below $112,700 to protect against downside.

Watch for breakout: Monitor the $115,000 resistance — a breakout could trigger a bullish continuation.

🎯 Summary

Bitcoin is currently trading sideways with low volatility. If support holds, BTC could retest $114K–$115K. A breakdown below $112,700 may lead to short-term losses toward the $110K zone.

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