#BTC120kVs125kToday
đ BITCOIN MARKET UPDATE â JULY 14, 2025
Pair: BTC/USDT | Exchange: Binance
đ TECHNICAL ANALYSIS
đ Current Price: $119,819.43
đ 24H Range: $117,680 â $119,999
đ Trend: Bullish breakout attempt toward the key psychological resistance at $120,000.
Major Resistance: $120,000 â $122,273
Support Zones:
â $112,265 â Previous high
â $102,257 â Consolidation base
Moving Averages:
MA(5): 14,242.72
MA(10): 11,730.18
đŒ Price holding above both = short-term momentum strong
RSI (CHRSI): 99.42 â Highly Overbought
â ïž Indicates extreme bullish pressure; possible short-term cooling.
đŠ VOLUME & ORDER BOOK ANALYSIS
Volume (24h): 2,459 BTC
đ„ High trading activity confirms strong buyer interest
Buy Orders (Support): Clustered between $117K â $118K
Sell Orders (Resistance): Heavy walls at $120K+
âïž Expect volatility as bulls and bears battle near resistance
đ§ FUNDAMENTAL INSIGHT
đą "Bitcoinâs Surge Driven by Macroeconomic Shifts"
Key Catalysts:
đ US Inflation Cooling: CPI data boosts risk appetite
đŠ Institutional Demand: ETF inflows & hedge fund activity rising
đ Global Liquidity: Central banks easing supports crypto flows
đ” Weak USD: Dollar softness adds fuel to BTC upside
â MARKET SENTIMENT
Momentum: đ„ Bullish
Strength: đ Strong
Risk Level: â ïž Medium-High (due to overbought RSI)
đ STRATEGY OUTLOOK
đ If BTC breaks and holds above $120K:
âĄïž Eyes on next target: $125K â $130K
đ If BTC gets rejected at resistance:
âĄïž Look for support retests around $117K â $112K
đŻ Pro traders eye confirmations and volume-backed moves â not just price.
đ„ SOCIAL CAPTION
đš BTC BREAKOUT WATCH!
Bitcoin is testing $120K with strong volume & macro tailwinds đđž
Is a new ATH wave coming or will bulls take a breather?