Technical analysis by CmpCryptoInsights about Symbol BTC on 7/14/2025

BTCUSDT.P 🚨 BTC has cleanly broken above $120K, tagging $123,300 today (ATH) — pushing the top boundary of a well-respected rising channel that’s been in play since April. 🔍 Analysis: Structure & Trend: Price broke out of a Descending Triangle back in March — that move initiated a trend, not just a spike. Since then, BTC has followed an ascending channel, showing institutional-style demand: controlled, aggressive, and layered. Current Price Action: We’re at the upper edge of the rising channel, where many traders either: - Exit early out of fear of reversal, or - Chase breakout longs, often just before a shakeout. Smart trading now = discipline, not FOMO If BTC fails to hold above $120K, expect a cool-off to the channel midline around ($111K–$112K) or even lower. 🧠 What to Do as a Trader: Already in from Lower? This is your TP zone or trailing stop region. Don't get greedy. Protect capital. Re-enter on retest or new setup. Looking to Enter Now? Not ideal. Let the chart either break and retest cleanly OR pull back to mid-channel ($112K area) for a high-R:R setup. 📌 Summary BTC is bullish — no denial. But this is the zone where pros reduce risk and wait for confirmation, while most retail enters blindly. Don’t be the liquidity. ✅ Follow for more real-time updates 🔁 Share it with your fellow traders 🚀 And hit that Boost button to support the work! Let’s trade smart, not emotionally. 💯 #CMPInsights