$BTC Here is the forecast for Bitcoin (BTC) for today – updated on July 19, 2025:
---$BTC
📈 Quick overview
Current price: around 118,099 USD (decrease of ~923 USD, or -0.78%)
Daily range: 117,008–119,548 USD
---$BTC
🔍 Technical analysis and indicators
TradingView/Investring.com: overall technical signal is 'buy' on daily, weekly, and monthly scales.
Bitfinex/Investing.com: mixed signals – oscillators suggest overbought (stochastic), but averages (MA) are neutral or selling; RSI near average (~46).
CoinLore: 11 buy, 3 sell from 17 indicators – strong short-term bullish. Key support at 111,909 USD, resistance at ~120,899 USD. Currently, RSI ≈76 – overbought zone.
---
💡 Short-term forecasts
Binance: by the end of the week +5% – price around 118,378 USD, and by 30 days ~118,742 USD.
Traders Union:
+0.6% (by tomorrow): 118,968 USD
+2.9% (48h): 121,674 USD
+0.3% (7 days): 118,605 USD.
---
🌍 Fundamental sentiment
Large institutional inflows: since the launch of ETFs in the USA, companies have already purchased over 52 billion USD in BTC. BAD? – as well as recently +14.8 billion USD just this year.
New ATH: breaking 123k USD – a temporary pullback to ~117k–118k USD, indicating consolidation before the next move higher.
Analysts' forecasts:
Katie Stockton predicts a possible move of +14% → ~134,500 USD in the medium term, indicating a cup-and-handle formation.
Investopedia: technical support at 107k and 100k USD, possible potential up to ~146,400 USD if the breakout holds.
---
🎯 Key price levels
Level Significance
Supports: 117,000–118,000 USD current – possible rebound.
Intraday resistance: 119,500–120,900 USD breakout may attract new momentum.
Medium-term target: 121–122k USD (closer), potential up to 134–146k (in a few weeks if continuation)
---
✅ Summary
Today's picture: possible fluctuations between 117,000 and 119,500 USD. If the price stays above 118,000 USD, one can expect a test of resistance and possibly a move towards 120k USD.
Next 2 days: positive outlook – Traders Union model targets levels of 121–122k USD.
Short-to-medium term: with supportive ETF sentiment and technical structure (cup-and-handle), possible increases to around 134k–146k USD.
---
🔎 Watch today
Staying above 118,000 USD – a signal of strength.
Reactions at 119,500–120,900 USD – a breakout may attract demand.
Data on capital flows to ETFs — larger purchases = quick increases.
