0
0
After a sharp rally to a local high of $122,000 earlier this week, Bitcoin price has entered a consolidation phase, trading near $117,300 at the time of writing. While the broader trend remains bullish, several technical signals on the lower timeframes now point to exhaustion. Bulls must defend the $115,000ā$116,000 zone to avoid a deeper retracement.
| Indicator/Zone | Level / Signal |
| Bitcoin price today | $117,316 |
| Resistance 1 | $118,200 (Bollinger mid-band) |
| Resistance 2 | $120,500ā$122,000 (supply + wedge) |
| Support 1 | $115,000 (EMA50 and local base) |
| Support 2 | $112,500 (trendline + liquidity) |
| RSI (4H) | 51.34 (neutral, cooling) |
| MACD (4H) | Bearish crossover |
| VWAP (30-min) | $117,297 (resistance) |
| SAR (30-min) | Above price (bearish) |
| Bollinger Bands (4H) | Tightening, volatility setup |
| EMA Cluster (20/50/100/200, 4H) | 20 EMA at $117,496 (pivot zone) |
| Derivatives Volume | -14.35%, cooling sentiment |
| Options Hot Zone (July 25) | $117,000ā$118,000 (pin levels) |
The daily chart shows BTC rejecting from the upper boundary of a long-term rising wedge, with the latest candle forming a potentiā¦
The post Bitcoin (BTC) Price Prediction for July 17, 2025 appeared first on Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio youāre using to start.
0
0
0
0
