$BTC /USDT

Current price: $118,227 — new intraday high marked at $118,241, with strong inflow volume.

EMAs aligned upwards: EMA(7) > EMA(25) > EMA(99) — consolidated momentum observed.

Positive and rising MACD, suggesting bullish continuation.

RSI (6) at 83.5: overbought in the short term, possible minor correction.

OBV rising, confirming sustained buying flow.

Immediate scenarios:

Upward continuation: if it consolidates above $118,300, we could move towards $118,800 – $119,500.

Mild correction: possible technical pullback towards $117,800 – $117,200 before continuing to climb.

Medium-Term Technical Objectives

Identification of cup-and-handle pattern favoring bullish breakout towards ~$134,500.

Technical setups and Fibonacci extension point to levels between $134K–$146K.

Extended Outlook

Projection of $150K by the end of 2025 is the central expectation of several analysts, including Tom Lee [Business Insider].

More aggressive scenarios due to inflows and institutional momentum could lead to $180K–$200K, or even $250K according to market studies.

Trading Recommendation

Action Condition to do it Target Stop-loss

✅ Buy If it breaks and closes above $118,300 with good volume Short: ~$118.8K–$119.5K<br>Medium: ~$120K–$122K<br>Extended: ~$134K–$150K+ ~$117,200–$117,800

🔁 Wait If it corrects towards $117,200–$117,800 and shows clear technical support Retry above $118K → subsequent increases ~$115,000–$113,000

Key Objectives

Short term: Potential advance towards $118.8K–$119.5K.

Medium term: Increases towards $120K–$122K, with probable extensions up to $134K–$146K.

Extended scenario: Target between $150K–$200K, depending on the institutional and macro environment.

Key technical supports: ~$115K (solid base) and zone ~$113K–$110K.