Technical analysis by FM-ForexMastermind about Symbol BTC on 7/14/2025

🔔🔔🔔 BTC/USD news: ➡️ Bitcoin hit a new all-time high of $122,500 on Monday, breaking through a key psychological level. The rally was fueled by strong technical indicators and sustained buying pressure. The bullish outlook remains intact, with momentum indicators still showing strength and price action entering a price discovery phase. Personal opinion: ➡️ BTC is in extreme overbought territory, so the sellers are starting to act. BTC will have a corrective move down before thinking about continuing to increase in price. ➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Sell BTC/USD 122,200 - 122,400 ❌SL: 122,700 | ✅TP: 121, 600 – 121, 050 FM wishes you a successful trading day 💰💰💰FM planning remains on trend