Technical analysis by TradingShot about Symbol BTC on 7/15/2025

Bitcoin (BTCUSD) pulled back rather aggressively yesterday after marginally breaking above $123000 and making a new All Time High (ATH). We've mentioned before the similarities of this Bullish Leg to the April - May structure and so far the current pull-back having already touched the 0.236 Fibonacci retracement level, resembles the late April pull-back. However, besides the 0.236 Fib, that pull-back also hit its 4H MA50 and rebounded, so that's a condition that hasn't been fulfilled. If it does, we are potentially looking for a Low around the $115k mark. Notice also how both fractals are supported by a Higher Lows trend-line exactly on their respective 4H MA100 (green trend-line) levels. If BTC continues to replicate this pattern, we expect to see $140000 (+43.05% from the bottom) by early August. Will the Support levels hold and push it that high? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇