USDTBTC trade ideas
BTC sideways above 115k💎 BTC PLAN UPDATE (July 17)
NOTABLE NEWS ABOUT BTC
Bitcoin Price Forecast: BTC Recovers as Trump Steps In to Revive Crypto Legislation Momentum
Bitcoin (BTC) saw a mild recovery, trading around $119,000 at the time of writing on Wednesday, after falling nearly 2% the previous day. This rebound followed an announcement by U.S. President Donald Trump on Wednesday morning, stating that the GENIUS Act is ready to be passed by the House during the legislative “Crypto Week”, sparking optimism in the crypto market. Furthermore, institutional demand continues to grow, with spot Bitcoin ETFs recording over $400 million in inflows on Tuesday, extending the growth streak since July 2.
TECHNICAL ANALYSIS
🧠 Pattern Overview:
The chart clearly displays an Elliott Wave pattern (1) → (2) → (3) → (4) → (5) along with Fibonacci Retracement and Extension levels, helping to identify potential support and resistance zones.
1. Elliott Waves:
Wave (3) was completed around the $122,144 zone and the market is currently in the corrective wave (4).
Wave (5) is expected to move upward with targets at:
• 1.618 Fibonacci Extension: ~$127,404
• Or further: ~$130,747
2. Support Zone (grey area below):
Located around $115,000 – $116,000, which is:
• The 0.5 – 0.618 retracement of Wave (3)
• Aligned with the EMA200 and dotted black trendline support.
If the price falls into this area, it’s highly likely to bounce back and form Wave (5).
3. Danger Zone if Broken:
If this support fails, price may fall deeper to:
• $113,200 (0.786 retracement),
• Or even lower: $111,600 – $111,800
4. Potential Scenarios:
Two main outcomes:
• Continued Uptrend: Price bounces from the support zone and heads toward $127,000 – $130,000
• Breakdown: If the support breaks, a deeper decline may occur, breaking the wave structure.
Follow the channel for continuous and up-to-date analysis on XAUUSD, CURRENCIES, and BTC.
Bitcoin Forever Bitcoin's Technical Trajectory: Analysis for Q3-Q4 2025
Breaking New Records: Bitcoin's Path Beyond the July Peak
With Bitcoin currently trading near historical highs after reaching its all-time high of $123,218 in July 2025, we find ourselves in unprecedented territory. This comprehensive technical analysis examines Bitcoin's potential trajectory through the remainder of 2025, leveraging multiple analytical frameworks to identify probable price targets and key levels.
Current Market Context
Bitcoin has experienced a remarkable ascent in 2025, climbing from around $85,000 in January to establish a new all-time high of $123,218 in July. After this peak, we've seen a period of consolidation with price action forming a potential bull flag pattern between $117,000-$120,000. This consolidation phase represents a critical juncture for Bitcoin's next directional move.
The most recent data shows Bitcoin trading around $118,200 in late July, representing a modest pullback of approximately 4% from the all-time high. This shallow retracement suggests underlying strength rather than exhaustion in the primary trend.
RSI Analysis: Healthy Momentum Reset
Despite Bitcoin's extraordinary rise to $123,218 in July, the daily RSI has demonstrated remarkable resilience. After reaching overbought territory (70+) during the July peak, the indicator has now cooled to approximately 42-46, indicating a healthy reset of momentum conditions without surrendering the broader uptrend.
The weekly RSI reading of 46.4 is particularly significant—showing that despite the recent consolidation, Bitcoin maintains substantial momentum capacity before reaching the extreme readings (80+) that typically signal major cycle tops. This technical positioning creates an ideal scenario where momentum has reset while price structure remains intact.
Most notably, the absence of bearish divergences between price and RSI on higher timeframes suggests the current consolidation is likely a pause rather than a reversal in the primary trend.
Wyckoff Analysis: Re-accumulation Before Continuation
The price action following the $123,218 July peak displays classic characteristics of Wyckoff re-accumulation rather than distribution:
The initial decline from the peak represents a "Preliminary Support" (PS) phase
The subsequent trading range between $117,000-$120,000 shows tight price action with decreasing volatility
Volume characteristics show diminishing selling pressure rather than distribution
Recent price action suggests we're approaching the "Spring" phase that typically precedes markup
According to the data, Bitcoin's price action in late July shows decreasing volatility with narrowing price ranges, consistent with the "Cause Building" phase in Wyckoff methodology. This structure indicates institutional accumulation is still occurring at these elevated levels—a powerful sign that smart money anticipates further upside potential. The completion of this re-accumulation pattern projects a move toward the $135,000-$145,000 range in the coming months.
Supply/Demand Zone Analysis: Key Levels Identified
Supply and demand zone analysis reveals critical price levels that will influence Bitcoin's next directional move:
Major demand zone established between $115,000-$117,000 (recent consolidation floor)
Secondary support cluster at $108,000-$110,000 (previous resistance turned support)
Primary resistance at $123,200-$125,000 (all-time high region)
Limited historical supply overhead above $123,218 suggests minimal resistance once this level is breached
The formation of fresh demand zones during the recent consolidation indicates strategic accumulation before the anticipated upward expansion. The neutralization of previous supply zones during the advance to all-time highs has effectively cleared the technical pathway for Bitcoin's next significant move higher.
Volume Analysis: Confirming the Bullish Case
Examination of trading volume during the recent consolidation provides crucial validation for our bullish thesis:
Declining volume during pullbacks indicates diminishing selling pressure
Volume spikes on upward moves suggest accumulation on strength
The Volume-Weighted Average Price (VWAP) maintains a positive slope, confirming the underlying strength of the trend
The high-volume node has migrated upward in recent weeks, signalling comfort with accumulation at these unprecedented price levels—a powerful indication of market confidence in Bitcoin's valuation. The buying/selling volume differential maintains a positive bias, confirming underlying accumulation despite price consolidation.
Fibonacci Extension Framework: Projecting Targets
With Bitcoin having established a new all-time high at $123,218 in July, we can project potential targets using Fibonacci extensions from the most recent significant swing points:
The 127.2% extension from the June-July rally projects to approximately $132,000
The 161.8% extension suggests potential movement toward $145,000
The 200% extension indicates a possible target of $160,000
These projections align with psychological thresholds that could serve as natural targets in this new price discovery phase.
Elliott Wave Analysis: Extended Fifth Wave Scenario
The current price action suggests we're likely in an extended fifth wave scenario within a larger degree bull cycle:
Primary waves I through III appear complete with the move to $123,218 in July
The current consolidation represents wave IV
Wave V is projected to reach the $140,000-$160,000 range
This wave count suggests potential for continued appreciation toward the $145,000-$160,000 range before a more significant corrective phase begins. The internal structure of the current consolidation displays textbook proportional relationships, further validating our analysis.
Price Projection Timeline
August-September 2025:
Completion of the current consolidation phase with a potential final retest of support in the $115,000-$117,000 range. This would represent the "Last Point of Support" in Wyckoff terminology and provide a final opportunity for institutional accumulation before the next leg up. A decisive break above $125,000 would confirm the end of the consolidation phase.
October 2025:
Renewed momentum pushing Bitcoin toward the $132,000-$140,000 range, potentially coinciding with seasonal strength typically observed in Q4. This phase could see increased institutional participation as year-end positioning begins, with volume expansion confirming the strength of the move.
November-December 2025:
Final wave extension potentially reaching the $145,000-$160,000 range, representing a 20-30% appreciation from current all-time high levels. This phase may exhibit increased volatility and could be followed by a more substantial correction as the extended fifth wave completes.
Key Levels to Monitor
Support Zones:
Primary: $115,000-$117,000 (must hold for bullish scenario)
Secondary: $108,000-$110,000 (previous resistance turned support)
Tertiary: $100,000-$102,000 (psychological and technical support)
Resistance Zones:
Immediate: $123,200-$125,000 (all-time high region)
Target 1: $132,000-$135,000 (127.2% Fibonacci extension)
Target 2: $145,000-$150,000 (161.8% Fibonacci extension)
Target 3: $160,000+ (200% Fibonacci extension)
The Technical Case for New Highs
Despite Bitcoin already achieving unprecedented price levels in July, multiple technical frameworks suggest the potential for continued appreciation:
Historical Precedent: Previous bull cycles have shown Bitcoin capable of extending significantly beyond initial all-time highs before cycle completion
Institutional Adoption: On-chain metrics indicate continued accumulation by large holders despite elevated prices, with exchange outflows remaining positive
Technical Structure: The current consolidation pattern resembles re-accumulation rather than distribution, suggesting the market is preparing for another leg higher
Momentum Characteristics: Current momentum readings have reset from overbought conditions without breaking the underlying trend structure
Strategic Considerations
With Bitcoin having already achieved a new all-time high at $123,218 in July, strategic approaches might include:
Maintaining core positions while implementing trailing stop strategies
Adding to positions during retests of key support levels ($115,000-$117,000)
Considering partial profit-taking at key Fibonacci extension levels
Remaining vigilant for signs of distribution patterns that may emerge at higher levels
Conclusion: The Path to $160,000
The weight of technical evidence suggests Bitcoin has entered a new paradigm of price discovery following its break to all-time highs in July 2025. While the path may include periods of consolidation and volatility, the underlying trend remains firmly bullish with multiple technical frameworks projecting targets in the $145,000-$160,000 range by year-end 2025.
The current consolidation phase represents a healthy reset of momentum conditions rather than a trend reversal, creating an ideal technical foundation for Bitcoin's next major advance. With institutional adoption continuing to grow and technical indicators suggesting ample room for further appreciation, Bitcoin appears well-positioned to achieve new record highs in the coming months.
Comparing BTC 2024 with ETH 2025 - Perfect Match- If compare the chart pattern of BTC from 2024 with the current 2025 ETH pattern, wee see exactly similar chart patterns being formed here.
- Price started consolidating then it had fake breakout towards both the sides and finally the real breakout.
- BTC breakout push the price towards the new all time high above 69K, if we ETH follows similar trend then we can expect new all time high on ETH.
Let's see how it plays out.
Stay tuned for more updates.
Cheers
GreenCrypto
$130K Channel Resistance — Bullish Structure Intact Bitcoin continues its strong uptrend, pushing toward high time frame resistance at $130K. With no bearish structure in sight, short-term momentum favors continuation unless resistance prompts a reversal.
Bitcoin is showing continued strength in the immediate short term, with price steadily advancing toward the $130,000 high time frame channel resistance. This level marks the upper boundary of a macro trend channel and presents the next critical test for BTC. While this zone may act as a barrier, the market remains structurally bullish, and further upside remains possible before any meaningful correction takes place.
Key Technical Points:
- Channel Resistance at $130K: Major high time frame level to watch
- Bullish Market Structure: Consecutive higher highs and higher lows on lower time frames
- No Bearish Reversal Signs Yet: No structural break or shift to indicate correction
Bitcoin’s price action has been defined by clear bullish structure, especially on the lower time frames, where the market continues to print higher highs and higher lows. This confirms that bulls are still in control and dips are being bought aggressively, maintaining the strength of the trend.
The next major technical level is the $130K resistance, which aligns with the upper boundary of a long-term ascending channel. This area is likely to serve as a key decision zone. If price approaches this region without any signs of exhaustion or bearish divergence, the probability of a brief breakout or retest increases.
However, it is also important to consider this level as a potential inflection point. If price begins to stall at or near $130K — especially with declining volume or a shift in short-term structure — it could signal the beginning of a corrective move. Until such a development occurs, however, the market remains decisively bullish.
Traders should closely monitor intraday structure around the $130K zone. A clean break above on strong volume would indicate continued strength and could open the path toward further price discovery. Conversely, the first sign of weakness would be a break of short-term support levels and failure to form new highs — neither of which has occurred yet.
Bitcoin remains bullish in the short term as it approaches $130K resistance. Unless a structural break occurs or bearish signals appear, further upside remains likely before any correction sets in.
Analysis no 74 1hWelcome to king btc 3 Bitcoin is expected to decline from the range of 119,000 to 120,000 slowly to 113,500 and then rise to 125,000 in the cycle. The larger range is expected to be in the range of 115,500 to 125,000 which could be an opportunity for altcoins to rise. This is just a possibility.
Bitcoin breaks through $120,000Bitcoin breaks through $120,000: long opportunities under the resonance of fundamentals and technical aspects
I. Fundamentals: Multiple positive factors drive the bull market
Institutional funds continue to pour in
The net inflow of US spot Bitcoin ETFs reached US$2.7 billion in a single week (a single-week record in 2025), and BlackRock IBIT's management scale is close to US$100 billion410.
Listed companies (such as MicroStrategy) continue to increase their holdings, with a total holding of more than 850,000 BTC, worth nearly US$100 billion6.
Policy easing expectations strengthen
The US "Cryptocurrency Week" deliberates on three key bills (the "GENIUS Act" and the "Clarity Act", etc.). If passed, it will clarify the regulatory framework and eliminate market uncertainty210.
The Trump administration promotes crypto-friendly policies, including the "National Strategic Cryptocurrency Reserve" plan, to boost market confidence69.
Macroeconomic environment support
Expectations of Fed rate cuts are rising, funds are flowing into risky assets at an accelerated pace, and Bitcoin's safe-haven properties as "digital gold" are strengthened13.
2. Technical aspects: Breaking through key resistance, upward space opens
Key breakthrough confirmed
Bitcoin breaks through the $120,000 mark, completely gets rid of the $90,000-110,000 oscillation range, and forms a daily level "ascending triangle" breaking through 210.
RSI (daily) is in the healthy range of 60-70, no overbought signal appears, MACD golden cross continues, showing strong upward momentum 69.
Support and target
Short-term support: $118,000 (previous high conversion support), if it falls below, look at $112,000 (20-day moving average).
Upward target:
Short-term: $135,000-140,000 (Fibonacci extension level + institutional bullish consensus) 910.
Medium- to long-term: $200,000 (forecast by Standard Chartered Bank, Bitwise and other institutions) 48.
Derivatives signal
Short positions intensify the rise: $740 million of short orders were liquidated within 24 hours, forming a "short squeeze" positive feedback 26.
The options market is piled with bullish bets, and the open interest of $150,000 call options expiring in December has surged by 10.
Long-term ideas, entry strategies
Positions can be opened in batches at the current price (around $120,000), with a stop loss set at $115,000 (key psychological support).
If it stabilizes in the range of $118,000-115,000, you can increase your position.
Target and risk control
First target: $135,000 (technical resistance + institutional consensus).
Second target: $150,000 (trend continuation + policy catalysis).
Be wary of short-term fluctuations: If it falls below $115,000, the trend needs to be re-evaluated.
Configuration suggestions
Main position is Bitcoin, and auxiliary position is Ethereum (ETH breaks through $3,000, with great potential for catch-up) 10.
Avoid high leverage, and pay attention to the volatility that may be caused by the implementation of US regulatory details in August 18.
Conclusion: Bitcoin is driven by policy, capital, and technology, and the bull market pattern is clear. There may be short-term fluctuations, but the trend has not changed, and buying on dips remains the main strategy.
BTC AI Prediction Dashboard - 6h Price Path (16.07.25)
BTCUSDT Forecast:
Crypticorn AI Prediction Dashboard Projects 6h Price Path (Forward-Only)
Forecast timestamp: ~10:15 UTC
Timeframe: 15m
Prediction horizon: 6 hours
Model output:
Central estimate (blue line): -119,635
Represents the AI’s best estimate of BTC’s near-term price direction.
80% confidence band (light blue): 119,101 – 119,820
The light blue zone marks the 80% confidence range — the most likely area for price to close
40% confidence band (dark blue): 118,473 – 120,801
The dark blue zone shows the narrower 40% confidence range, where price is expected to stay with higher concentration
Volume on signal bar: 153.73
This chart shows a short-term Bitcoin price forecast using AI-generated confidence zones.
Candlesticks reflect actual BTC/USDT price action in 15-minute intervals.
This helps visualize expected volatility and potential price zones in the short term.
Bitcoin Price in Clear Bullish TrendBTCUSDT has formed a strong support zone around 115,500, where the price recently faced rejection, signalling potential bullish momentum. This zone is acting as a solid base, and any sustained move above the current levels could trigger an aggressive upward move.
Breakout Confirmation: A 1H candle close above 118,500 would confirm bullish continuation Upside Targets: 120,150 and 123,200,
A successful breakout above 118,500 could open the path toward 120K investor needs to monitor our chart.
PS:: Support with like and comments for more better analysis Thanks.
Phemex Analysis #97: What's Next for Bitcoin, After $123k?!Bitcoin ( PHEMEX:BTCUSDT.P ) recently made history by hitting an all-time high of $123,251 on July 14, 2025. However, enthusiasm was quickly tempered as BTC retraced by approximately 6%, dropping sharply to around $115,696 on July 15. Currently, the price has partially recovered and is trading at about $118,200.
With the market sentiment at a pivotal juncture following this volatile movement, traders and investors are carefully considering their next steps. Let's dive into several possible scenarios that might unfold in the coming days.
Possible Scenarios
1. Bullish Continuation (Breakout Above $123k)
If Bitcoin quickly regains bullish momentum, it may retest and surpass its recent high at $123,251. Breaking decisively above this resistance could trigger another strong rally, driven by renewed market optimism and potential institutional inflows.
Pro Tips:
Entry Strategy: Look to open or add to existing positions upon confirmation of a clear breakout above $123,251, especially if accompanied by high trading volume.
Profit Targets: Key resistance zones for profit-taking after a breakout include psychological levels at $128,000, and the significant milestone at $130,000.
Risk Management: Use protective stop-loss orders placed below the recent low around $115,000 to manage downside risks effectively.
2. Extended Consolidation (Range-Bound Scenario)
Bitcoin could enter a period of price consolidation, fluctuating between support at approximately $115,000 and resistance near $123,000. This scenario often occurs when the market awaits clearer directional cues.
Pro Tips:
Range Trading: Employ a grid-trading strategy, placing buy orders near support ($115,000–$116,000) and sell orders around resistance ($122,000–$123,000) to maximize profits from short-term volatility.
Monitoring Indicators: Keep an eye on declining trading volume, which often signals the potential for an upcoming breakout or breakdown.
3. Bearish Pullback (Correction Scenario)
Given the rapid recent surge to all-time highs, a deeper market correction remains possible. If BTC decisively breaks below support at $115,000 with strong selling pressure, further declines towards $107,218 or even $98,132 could ensue, especially if accompanied by negative broader market sentiment.
Pro Tips:
Short Opportunities: Experienced traders might explore short positions if BTC convincingly breaks below the $115,000 support level.
Accumulation Strategy: Long-term investors can strategically accumulate positions around significant lower support levels such as $107,218 and $98,132, provided price stabilization signals are evident.
Conclusion
Bitcoin is currently at a crucial technical and psychological level after hitting its latest all-time high. Traders should closely monitor the outlined scenarios—particularly watching key resistance at $123,251 and essential support at $115,000. By utilizing disciplined risk management, proactive profit-taking strategies, and careful market analysis, investors can effectively navigate BTC’s ongoing volatility and strategically position themselves for the next significant move.
🔥 Tips:
Armed Your Trading Arsenal with advanced tools like multiple watchlists, basket orders, and real-time strategy adjustments at Phemex. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
$BTC FLY TOWARDS 141K$ NEXT?CRYPTOCAP:BTC Bull Flag Target Hit – Eyes on 129K & 134.5K Next! 🔥
Bitcoin has overachieved its bull flag target and is now setting up a textbook Break & Retest of the previous All Time High (~$123K).
📌 Key Levels to Watch:
🔄 Retest Zone: $111K–$113K (previous ATH)
🎯 Next Targets:
$129K (0.12 Fib Extension)
$134.5K (Golden Extension Zone)
📉 Invalidation: Below $104K
Volume remains solid, and structure is bullish — expect a healthy dip & bounce before continuation.
This retest could be the final springboard toward $141K.
BITCOIN PULLBACK 110.000🔹 The uptrend remains intact
After setting a new high, the price may enter a mild correction toward the $110K zone.
Key support levels in this uptrend are:
✅ $115K
✅ $110K
✅ $105K
As long as the price holds above $105K, any pullback is considered healthy and the uptrend is likely to continue.
📊 A shallow correction is part of a healthy market structure.
BITCOIN UPDATEHello friends🙌
📈Given the upward trend we had, you can see that the price is in an upward channel and has also formed a bullish pattern, which, given the strength behind the trend, seems to have higher targets.
🔊Be careful, the basic principle of trading is capital management, so be sure to follow capital management.
🔥Join us for more signals🔥
*Trade safely with us*
Bitcoin’s Wild Ride to New ATHs: What’s Next for Traders?Hello, TradingView warriors! 👋
Have you caught Bitcoin (BTC) smashing through a new all-time high (ATH) this Monday? 🎉 If you blinked, you might’ve missed it! But don’t worry, the crypto king isn’t done with its rollercoaster ride just yet. After soaring to new heights, BTC has pulled back for a retracement—not a full-on reversal, so hold your horses! 🐎 Whales are playing their usual games, setting traps for unsuspecting traders. Don’t fall prey to their tricks! 🦈 Let’s break down the key levels to watch and stay one step ahead. 💡
🔍 Key Levels to Watch on the Chart
1️⃣ 4H Fair Value Gap (FVG)
This 4H FVG is a thing of beauty—my personal favorite! 😍 But let’s be real, Bitcoin doesn’t care about aesthetics. This FVG is likely to act as the first resistance level. Here’s the plan:
If respected, expect BTC to use this level as a springboard to catapult back toward the ATH. 🚀
If broken, BTC might slide toward the stronger resistance below. Keep your eyes peeled for how price reacts here! 👀
2️⃣ Daily Breaker Block (PD Array)
This is the big one—a rock-solid resistance zone on the daily timeframe. I’m leaning toward BTC dipping into this Breaker Block to clear out liquidity before making its next big move to retest the ATH. 🏦 This level is a magnet for price action, so don’t sleep on it! 😴
🛠️ Trading Strategy: Stay Sharp!
Patience is your best friend right now, traders. 🙏 Don’t rush into trades without confirmation. Watch how BTC interacts with these two levels:
4H FVG: Look for rejection or a breakout to gauge short-term direction.
Daily Breaker Block: If price dips here, it’s likely hunting liquidity before the next leg up.
Wait for clear price action before jumping in—let the market show its hand! 🃏 Stay disciplined, avoid the whale traps, and let’s ride this BTC wave together. 🌊
📚 Want More? Follow Me!
If you’re hungry for more technical analysis insights and market updates, hit that follow button! 📈 I share tips, tricks, and breakdowns to help you navigate the markets like a pro. Let’s level up your trading game together! 💪
What’s your take on BTC’s next move? Drop your thoughts below, and let’s discuss! 💬 Happy trading, and may the profits be with you! 📈
BTC still Holding the Demand Zone, Bitcoin is currently holding the demand zone between $116K and $117K, which also aligns with the retest area of a previously broken trendline—making this zone quite strong. If BTC manages to close above $117.8K on lower timeframes, we could see the beginning of a new uptrend targeting around $130K. However, if this zone fails due to any unexpected news or events, the next key support lies between $111K and $113K.