#MyStrategyEvolution s of July 17, 2025, Bitcoin (BTC) is in a consolidation phase after a sharp rally. Here's a summary of its current status:
* Current Price: Around $117,300 USD. It recently reached a local high of $122,000 and an all-time high of $123,000 earlier this week.
* Trend: While the broader trend remains bullish, some technical signals on lower timeframes suggest exhaustion.
* Support & Resistance:
* Bulls need to defend the $115,000–$116,000 zone to avoid a deeper retracement.
* Resistance levels are around $118,200, and then $120,500–$122,000.