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🔍 BTC Market Technical Analysis – 30 July 2025
📅 Today’s Live Update
📊 Market Snapshot
Bitcoin (BTC) is trading at approximately $117,874, down slightly today. The intraday range spans $117,155 to $118,421, showing tight consolidation just below the $118,000 pivot.
📈 Trend & Price Action
BTC remains in a tight sideway band between $117k and $120k, forming a narrowing triangle that reflects market indecision and low volatility. This calm period often precedes a volatility breakout. 🔄
Short‑term trend: Neutral to bullish bias
Mid‑term trend: Stable consolidation
Long‑term trend: Uptrend intact, awaiting confirmation
⚙ Technical Indicators
RSI around 44, placing it in neutral to slight bearish territory — room exists for both upside and downside.
MACD and other momentum signals are subdued, with flattening moving averages indicating lack of excitement.
Volatility is at multi-month lows, reminiscent of pre‑spike compressions—suggesting a squeeze and possible sharp move soon.
📐 Chart Pattern Overview
BTC is coiling in a triangle formation, tightening within $117k–$118.5k. Historically, such squeezes precede a directional surge. A break above $118,500 could launch a move toward the $120k and beyond. Conversely, a slide below $117,000 could trigger a decline toward $115k–$116k.
🛠️ Trade Planning Ideas
🔹 Bullish Setup
Entry: $118,000–$118,300 after breakout confirmation
Targets: $119,000 → $120,000 → $122,000+
Stop‑Loss: Below $117,000
🔸 Bearish/Caution Setup
Entry: On breakdown below $117,000
Targets: $116,000 → $115,000
Stop‑Loss: Above $117,200
🧠 Final Summary
Bitcoin is coiled and calm just below key resistance. The consolidation between $117k and $118.5k signals an imminent breakout move. A clear push above $118,500 opens upside toward $120k+, while a drop below $117k risks a pullback into the mid‑$115k zone. Traders should stay alert for maiden volume and momentum shifts—this might be the quiet before the storm. 🚀📉📈
#Crypto #BullRun #BTC Market Insights #Crypto Market Insights