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

https://sahmeto.com/message/3637807
VIAQUANT
VIAQUANT
Rank: 12527
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،Technical،VIAQUANT

Please refer to our previous post: After identifying our first target right around $120.4k we are seeing the first signs of a cooloff. Until we get a daily candle close above this level price is likely to flush some leverage. The main move to $140k area is still likely to happen, but if we see a retracement in the short term here are the LTF levels to watch. Support level #1 has been established with most of the candle bodies around $116.8k. If we lose that level then price is likely to test our previous ATH. Support level #2 would be a test of our previous ATH around $112k or our teal trendline that connects the wick tops. The final support level would be our macro old ATH right around $108-$110k. There is also a trendline there (which depending on what time it could be tested) would also be right in line with those price targets.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$117,791.93
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