BTC Market Technical Analysis – 12 July 2025

📅 Today’s Live Insight on Bitcoin

📊 Market Snapshot
BTC is trading around $117,519, slightly down from today’s high of $118,171. The intraday range of $116,821–$118,171 shows market strength near all‑time highs, followed by a modest pullback.

📈 Trend & Price Action

BTC retested the $118k zone before retreating toward $117.5k support.

Short‑term trend: Bullish, though cooling slightly.

Mid‑term trend: Strong uptrend remains intact.

Long‑term trend: At new historical highs — trend is solidly bullish.

⚙ Technical Indicators

RSI at ~61 signals continued bullish momentum without extremes.

Stochastic is overbought — a mild pullback or consolidation phase is possible.

MACD remains in bullish mode — trend stays supportive overall.

Moving Averages: BTC trades well above its 50‑day ($116k) and 200‑day ($111k) averages.

📐 Chart Pattern & Outlook
BTC appears to be forming a bull flag, consolidating after its recent surge to fresh highs. A breakout above today’s top (~$118,200) could propel price toward $119k–$120k. A dip below $117,500 might open a retrace to $116k or deeper.

🛠️ Trading Strategies
🔹 Bullish Plan

Entry: $117,600–$117,800 on bounce from support

Targets: $119,000 → $120,000+

Stop-Loss: Below $116,800

🔸 Bearish/Caution Plan

Breakdown entry: Below $117,500

Targets: $116,800 → $116,000

Stop: Above $117,800

🎯 Final Thoughts
Bitcoin remains in a strong uptrend, consolidating near new all‑time highs. Holding above $117,500 keeps bulls in control, while a break above $118,200 could fuel a move to $119k–$120k. However, a dip under $117,500 may lead to a pullback toward $116k. Watch these levels, manage risk, and trade with patience. 🚀📉📈

#Crypto# #ETH# #BullRun# #ETH Market Analysis# #Crypto Market Insights#