🔍 BTC/USDT Technical Analysis & 4‑Hour Forecast — July 16–17, 2025
📈 Price Snapshot
Bitcoin is currently trading at $117,562, down slightly from highs of $118,330 and lows near $115,930 today.
📐 Key Technical Levels
Level Type Price Zones
Support $115,900–$116,000 (today’s low), then $115,400 & $114,000
Resistance $118,300 (today’s top), $119,000–$120,000 next, followed by $122,500–$123,200
⚙️ Indicator Overview
RSI (4H): ~48 — slightly bearish but neutral overall
MACD (4H): Bearish crossover — indicating short-term weakness
Bollinger Bands (4H): Price is at lower band, suggesting a potential bounce
Volume: Decrease during rebound attempts — buyer interest is muted
📊 Technical Context
BTC is consolidating within a descending channel after peaking around $123K, now testing daily support at $115.9K–116K . Notably, the Bollinger Bands and Supertrend point to cooling volatility and a possible reversal.
⏱ 4‑Hour Forecast
🟢 Bullish Rebound
Entry: $116,000–$117,000 with bullish candle + rising volume
Targets: $118,300 → $120,000
Stop-Loss: Below $115,900x
🔻 Bearish Breakdown
If BTC breaks below $115,900 with volume → $114,000 → $112,800 in sight
⚖️ Bias: Slightly bearish short-term, but support-zone bounce could shift outlook bullish quickly.
✅ Trade Strategy
Dip Buyers: Enter cautiously on confirmed bounce at $116K region, with stop-loss below $115.9K.
Breakout Traders: Wait for decisive break above $118.3K or breakdown below $115.9K before entering.
Long-Term Holders: This pullback may offer a good accumulation zone — especially between $114K–116K — if broader ETFs and macro trends remain supportive.
🛑 Disclaimer: This content is for educational purposes only and is not financial advice. Always conduct your own research and manage risk with stop-losses and proper position sizing.
💬 What’s your next move? Buying the dip or waiting for breakout confirmation? $BTC 👇
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