Technical analysis by FenzoFxBroker about Symbol BTC: Buy recommendation (7/15/2025)

FenzoFx—Bitcoin is bullish, trading above $112,000.0 after forming a new all-time high at $123,231.0. The current dip may offer a strong reentry if $112,000.0 holds as support, aligning with a bullish fair value gap. Price remains above the ascending trendline, reinforcing the bullish outlook. If momentum continues and BTC breaks past $123,231.0, the next target could be $130,000.0. A fall below the trendline would invalidate the bullish setup.