Bitcoin Technical Analysis : BTC/USD 17 July 2025

Forex Technical Analysis : BTCUSD (Bitcoin)

Date : 17 July 2025

Momentum : Down

First Scenario : short positions below 118,907.25 with targets at 117,794.25, 117,421.00 and 117,018.00

Second Scenario : long positions above 118,907.25 with targets at 119,552.44, 120,096.75 and 120,570.36

Comment : RSI - Bearish divergence.

Supports and resistances :

120,570.36 **
120,096.75 *
119,552.44
118,362.50 - Last price
117,794.25
117,421.00 *
117,018.00 **

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