Technical analysis by VIAQUANT about Symbol BTC on 7/17/2025

Please refer to our previous post: To give additional detailed context of what to look for please look at our last post that is linked above. So far with recent price developments this idea is still intact. What I have also outlined in todays post are some of the reason this short term retracement is still in place. -Market has moved up very fast -Lots of leverage from the highs need to be flushed -Daily candle close below our first 1.618 extension target -Daily RSI just got rejected from the 70 If we do see a retracement then all those price levels mentioned in our last post are valid. I have also add a predictive fib model that could outline important future price levels on the LTF. Given this model does not have much price data to go off of the accuracy cannot be for certain but pay attention the the 0.382 around $113.6k and the predicted bottom around $107.5k if price drops that low. The way price could avoid a LTF retracement is by the daily RSI reclaiming strength above the 70 level and negating the rejection. Will make an updated post if this is to occur.