📈 Crypto market update – 14/7/2025

Bitcoin (BTC):

Current price: ~$118,986

Nearest resistance: $120,000

RSI (14): 70.21 – overbought zone

MACD: Strong buy signal

ADX: 41.093 – strong trend

Williams %R: -0.336 – short-term correction warning I

Analysis: BTC is in a strong uptrend, but technical indicators suggest the possibility of a short-term correction. You should closely monitor support and resistance levels to make appropriate decisions.

🛠️ Recommended actions today

If you already have a position:

Hold if you haven't hit the trailing stop.

Set partial take profit around $119,800 – $120,500.

If you haven't bought:

Do not fomo at ATH. Wait for a slight correction to the $116,000 – $117,000 range to accumulate.

Or wait for confirmation of breaking $120,000 with high volume to buy a short-term breakout.

If you want to sell for short-term profit:

Sell partially around $119,500 – $121,000, hold the remaining portion if the breakout is sustainable.