Bitcoin Technical Analysis : BTC/USD 16 July 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 16 July 2025

Momentum : Up

First Scenario : long positions above 117,018.00 with targets at 118,239.75, 118,907.85 and 119,552.44

Second Scenario : short positions below 117,018.00 with targets at 116,005.75, 115,212.69 and 114,646.69

Comment : There is no clear trend in the price movement.

Supports and resistances :

119,552.44 **
118,907.85 *
118,239.75
117,462.00 - Last price
116,005.75
115,212.69 *
114,646.69 **

Warning : This information is not a buy-sell signal.