#StablecoinLaw $SUI ntiment Bitcoin is currently trading around **117,840 - 117,952 USD**.

### Expected trading range today:

- **Main resistance**: at **118,000 - 118,240 USD**, with difficulty breaking this level without strong buying momentum.

- **Immediate support**: at **116,500 - 117,000 USD**, which is a level that has seen previous bounces.

- Expectation: Fluctuation between **116,500 and 118,000 USD** with a weak sideways trend.

### Influencing factors:

- **US regulations**: Congressional discussion (July 14) of three regulatory bills for cryptocurrencies, boosting investor confidence.

- **Market sentiment**: "Strong buy" indicators on the medium term, but short-term overbuying may cause slight selling pressure.

- **Institutional demand**: Continued support from major firms (like "Strategic") for Bitcoin as an investment asset.

### Closing expectations:

- **Neutral scenario**: Closing near **117,500 - 118,000 USD**, with relative stability before legislative events.

- **Positive scenario**: If 118,240 USD is broken, it may rise to **118,800 USD** (near the historical peak).

### Conclusion:

The price faces strong resistance at 118,000 USD, but positive regulatory factors prevent a sharp collapse. The most likely expectation is trading in a narrow range with the possibility of testing resistance later. It is advisable to monitor news on US regulations and market awakening$ETH