Technical analysis by TrendShot about Symbol BTC on 7/1/2025

🔹 Bitcoin Technical Analysis – Key Blue Line, Bear Trap Possibility & Long-Term ScenarioOn the Bitcoin chart, the blue horizontal level has acted multiple times as both support and resistance. The price has broken it several times but failed to sustain above, indicating high-volume decision-making zones by institutions and large players.📉 Why this pattern keeps repeating: Strong supply and demand concentration at this level. Inability to break and hold shows market indecision. Repeated fakeouts are likely used to shake out weak hands.🔍 Important hidden scenario: Bear Trap PotentialIf the price dips below the blue line but quickly reclaims it, it may form a bear trap, tricking short sellers into entering prematurely. This move could ignite strong bullish momentum from trapped sellers and renewed buyers.🔮 If price holds above the blue line: Signals market strength and potential bullish structure shift. Targets: 109,800 117,200 120,000+ (Long-term)📛 If support fails again: Retracement toward the lower channel near 101,000 or lower is possible.📊 Conclusion:This zone is one of the most critical decision points in the current market. Traders should combine volume, candlestick behavior, and confirmation signals to avoid getting trapped by fake breaks🧭 BTC Analysis – Key Support Held, Move to $117K Confirmed 🚀BTC/USD – Daily ChartBTC respected the blue trendline support perfectly and followed through with a strong rally up to $117K, exactly as anticipated in our previous analysis.This move validates the bullish structure and confirms that buyers are still in control.Now we're watching how price behaves around current levels and preparing for the next potential leg.📌 If you're already in a position, here are your main options:Secure partial profits at this levelAdjust your stop-loss upward to protect gainsOr leave your profits in the position to stay exposed to further upside if momentum continuesPrice action remains bullish — manage your risk accordingly and stay alert. ✅