🚀 Bitcoin (BTC/USDT) Weekly Chart Analysis – July 2025

Price: $117,974.73 | Binance | 1W Timeframe


#

📊 Bitcoin Bulls Hold Ground After Testing All-Time High Region


Bitcoin (BTC) continues to command the spotlight as it hovers just below the $120,000 mark, trading at $117,974.73. Although BTC has pulled back -1.30% in the last 24 hours, the broader technical outlook remains bullish, with price consolidating after a powerful surge earlier this year.



🔍 Chart Overview & Technical Insights


🔼 1. Major Bull Run Structure


BTC has rallied from $19,549.09 (early 2024 lows) to a peak of $123,218, reflecting a monumental uptrend of over 530%. This is a clear sign of strong institutional interest, global adoption, and rising investor confidence in crypto.


🟢 2. Moving Averages (MA) Show Strong Trend Support



  • MA(7): 109,559 – closely hugging price action, showing short-term strength.


  • MA(25): 97,604 – steadily rising, confirming medium-term momentum.


  • MA(99): 69,568 – long-term trend firmly bullish.


BTC is trading well above all key moving averages, which confirms that bulls are in control.


🧱 3. Key Support & Resistance Zones



  • Immediate Resistance: $123,218 (weekly high)


  • Immediate Support: $105,594

$BTC


  • Strong demand zone near $98,000–$100,000 backed by MA(25)


📉 4. Volume Activity



  • Volume has slightly tapered off compared to earlier in the rally.


  • Still, no signs of heavy distribution or panic selling — suggesting this is healthy consolidation, not a trend reversal.


🕯️ 5. Candlestick Behavior



  • The current weekly candle shows long wicks on both ends, signaling indecision between bulls and bears.


  • However, the body remains above key MAs, suggesting buying pressure is still present.



🧭 What to Expect Next?


✅ Bullish Scenario (Favorable)


If BTC closes this weekly candle above $118,000, momentum could push it back toward $123K+, with a possible breakout to $128,000–$130,000.



  • Long-term trajectory remains upward as long as it holds above $105,000.


⚠️ Bearish Possibility (Short-term Pullback)


Failure to reclaim $120K+ in the coming week may lead to a retracement toward $105,000–$100,000, which would offer a solid buy-the-dip zone.



📈 Performance Snapshot



  • Past 7 Days: +0.22%


  • 30 Days: +13.95%


  • 90 Days: +38.56%


  • 1 Year: +85.73%


These gains underline Bitcoin’s long-term strength, even with short-term volatility.



🧠 Final Verdict: Bullish with Caution


Bitcoin remains in a strong uptrend, though price is cooling off slightly below resistance. As long as BTC holds above $105K and consolidates above major MAs, bulls are likely preparing for the next breakout leg toward $130,000 and beyond.


Traders should watch the $123K resistance and $105K support closely for breakout or breakdown confirmation.



Would you like a combined ETH vs BTC trend outlook or short-term (4h/1h) analysis too?