$BTC / USDT
The essentials of the moment:
Current price: approximately $113,532, fluctuating between $112,482 and $114,283 intraday.
Marked technical pressure:
Bulls are trying to consolidate a floor around $113,000, but the recovery has been weak in volume and breadth.
Signs of correction post-all-time high are developing.
Critical supports at play:
Determining zone between $112K–$110K, with strong levels at $111K–$112K.
Clear resistance nearby:
Intraday level to surpass: $114K–$115K. First major technical obstacle.
More hopeful projections suggest that $135K may be within reach in August, with a possible rise to $150K during the period.
Market catalysts in limbo:
Macro uncertainty (Fed meetings, economic data) is holding back technical lows.
Nevertheless, the institutional narrative remains strong: newly launched ETFs, regulatory adoption, and state reserve plans drive bottom support.
Technical Scenarios
Scenario Key Condition Potential Targets
Bullish Firm close above $114K–$115K Short: $120K → Medium: $124K–$130K
Neutral Consolidation between $111K–$115K Resting zone before deciding movement
Bearish Break below $111K Correction towards $110K or even $107K
Express Recommendation
Buy, if BTC manages to consistently close above $115K, which could trigger technical rallies.
Wait, if the price retraces towards $111K–$112K, reevaluating support before re-entering.
Super Quick Summary
BTC remains in a decisive zone between $111K and $115K.
Although the recent uptick was limited, the technical structure and institutional demand provide a solid foundation.
A firm support around $111K is key; surpassing $115K would signal strength and pave the way for more ambitious projections like $130K or more.
