Technical analysis by taztrader about Symbol BTC on 7/23/2025

The BTC ATH rally began post cash close and had very thin volume on the break out before setting this range on the higher time frames. Normally, a range after ATHs are made I would be extremely bullish and I am. Aside from the failed breakouts at the highs, the attempts paired with nuances such as the crypto week impulses, the day of signing GENIUS and new regulatory acts being drafted now, the attempts to break those ATHs were nudged off. Sometimes come failed moves come fast moves, and so I have to be prepared that BTC will trade between these thin areas on the volume profile from 111k to 115k. 113k being the most noticeable node in the entire profile. Similar to my analysis on the break to ATHs, I would expect this move to be aggressive and remind us of a 2020 cycle style flush in Altcoins. Kind of already seeing it with the performance of alts today preempting the failed move up on BTC at range highs. I will NOT be shorting anything in crypto, these are just areas that I am heavily interested in buying. Currently flat perps and will wait for BTC to make its mind up.Forgot to update but we got it and took a long there, capture some of the recovery and closed now. But now waiting again for more decision making.