Cryptocurrency Analysis - July 22, 2025
The cryptocurrency market shows a mixed behavior today, with sideways movements in major coins and an increasing focus on small-cap altcoins. Below is a summary based on the most recent information available:
Bitcoin (BTC)
Current price: ~USD 118,867.11 (+1.16% in 24h)
Technical analysis: Bitcoin remains in a consolidation phase after reaching an all-time high of USD 112,000 on May 22, 2025. Currently, it trades close to its all-time high (2.8% away), showing a sideways trend with slight upward movements. The 7, 15, and 30-day moving averages (USD 107,898.63, USD 106,412.93, and USD 106,194.45, respectively) suggest short- and medium-term support, but resistance at USD 110,500-111,927 remains key. If BTC surpasses USD 110,500, it could initiate a new bullish phase; otherwise, it could retreat towards USD 107,000.
Market sentiment: The Fear and Greed Index stands at 73 (greed), indicating optimism among investors, driven by institutional adoption and the approval of crypto laws in the U.S.. However, the movement of 40,000 BTC from dormant wallets generates some uncertainty about potential selling pressure.
Outlook: Analysts at DigitalCoinPrice forecast a price of USD 110,859.91 by the end of 2025, with a possible retracement to USD 104,408.53 in July 2026. In the long term, BTC is expected to reach USD 194,865.58 in 2027.#BTCvsETH
