🎯 Bitcoin Weekly Outlook: Will $130K Become the New Magnet?

After analyzing the latest derivatives and macro data, here's my take on where BTC is heading next week:

📊 Key Technical Levels:

Liquidity Cluster: $127,947 (from File 2) - This is where major liquidations occurred, creating a strong resistance zone

Support Floor: $119,449 (perpetual futures mark price) - Currently acting as the key battleground

Critical Range: $119,400-$128,500 for the next 7 days

🔍 Derivatives Intelligence:

Open Interest at $1.47B on perpetuals suggests we're in a high leverage environment

The +12.55% premium on quarterly futures shows bullish bias, but it's moderating

Gamma Risk: Large open interest at $120K strikes could create volatility spikes

📈 My Forecast:

67% probability BTC touches $125,000-$127,500 by July 28th

33% probability we see a rejection back to $116,000-$118,000

⚠️ Risk Factors:

Powell's speech Tuesday could trigger 5-8% moves either direction

The 21-day rolling volatility at 0.006987 is historically low - expect expansion

Durable Goods Orders surprise (-9% vs -11%) might fuel risk-on sentiment

💡 Trading Edge:

Watch for Friday's Durable Goods - if it beats expectations, the $127,947 liquidity void becomes our target. The compressed volatility suggests we're coiled for a 10%+ move.

Positioning: Small longs above $119,500 with stops at $118,800. The risk/reward favors the upside given the derivatives structure.

#BitcoinForecast #CryptoAnalysis #BinanceSquare #BTCPricePrediction #WeeklyOutlook