#BTC120Kvs125K š BITCOIN MARKET UPDATE ā JULY 14, 2025
Pair: BTC/USDT | Exchange: Binance
š TECHNICAL SNAPSHOT
š Current Price: $119,819
š 24H Range: $117,680 ā $119,999
š Trend: Bullish breakout attempt eyeing the psychological $120K barrier
Key Resistance: $120,000 ā $122,273
Support Zones:
ā
$112,265 (previous high)
ā
$102,257 (base support)
Moving Averages:
MA(5): 14,242.72
MA(10): 11,730.18
š¼ Price above both = strong short-term momentum
RSI (CHRSI): 99.42 (extremely overbought)
ā ļø Signals high bullish pressure but risk of a short-term pullback.
š¦ VOLUME & ORDER BOOK
24h Volume: 2,459 BTC
Strong buying interest confirmed by high activity
Buy walls: $117Kā$118K
Sell walls: Heavy at $120K+
āļø Expect volatility near resistance as bulls and bears clash.
š§ FUNDAMENTALS
āBitcoin Rally Fueled by Macro Tailwindsā
š US CPI shows cooling inflation ā risk appetite up
š¦ Institutional demand rising via ETFs & funds
š Global liquidity easing supports crypto flows
šµ Weak USD adds momentum to BTC upside
ā
MARKET SENTIMENT
š„ Momentum: Bullish
š Strength: Strong
ā ļø Risk: Medium-High (due to overbought conditions)
š STRATEGY OUTLOOK
š If BTC breaks and sustains above $120K:
ā”ļø Targeting $125Kā$130K next
š If BTC faces rejection:
ā”ļø Watching for support retests at $117K and $112K
šÆ Pro tip: Watch for volume-backed confirmations, not just price moves.
š„ SOCIAL CAPTION:
šØ BTC BREAKOUT ALERT!
Bitcoin is pushing toward $120K with strong volume and macro support ššø
Will it trigger a new ATH wave, or is a pause coming?
#Bitcoin #Crypto #BTC #Binance $BTC