Technical analysis by Ox_kali about Symbol BTC: Buy recommendation (7/31/2025)

__________________________________________________________________________________ Technical Overview – Summary Points __________________________________________________________________________________ Bullish momentum confirmed on all timeframes (1D to 1H). Key supports: 115,960 / 117,423 / 117,700. Main resistances: 119,573–119,800–122,318. Volumes overall normal to moderately high, no climax. Risk On / Risk Off Indicator: strong buy signal for all higher TFs, neutral on 30m/15m (momentary exhaustion). ISPD DIV neutral across all frames, no extreme or behavioral signals. MTFTI trend: up / strong up across the board. __________________________________________________________________________________ Strategic Summary __________________________________________________________________________________ Main bias: confirmed bullish, high-range maintained between 116k–122k. Opportunities: buy on validated pullbacks between 116k–117.7k, take partial profits under 119.5k–122k. Risk areas: sharp downside below 115,960 with potential extension to 112k/110k. Macro catalysts: PCE (slightly above consensus), Fed on hold, moderate volatility. No negative crypto catalyst in sight. Action plan: Tactical stop-loss below 115,960, defensive management within range. __________________________________________________________________________________ Multi-Timeframe Analysis __________________________________________________________________________________ 1D – Support: 115,960 (Pivot Low), Resistance: 119,573–122,318. Strong momentum, resistance clusters. 12H/6H/4H – Bullish structure, moderate volume participation, consolidation under major resistance, pullbacks defended. 2H/1H – Compression between pivots, patience before breakout or support retest. 30m/15m – Tight consolidation, Up momentum but neutral behavioral signals, compression pre-move. Risk On / Risk Off Indicator : Strong buy on all TFs except intraday, neutrality on 30m/15m (temporary stall). ISPD DIV : No euphoria/fear, median persistent zone. Volumes slightly above average, healthy structure. Summary: Technical and fundamental confluence, upper range maintained, no reversal signals present. __________________________________________________________________________________ Summary and Strategic Plan __________________________________________________________________________________ Main bias: confirmed bullish on all frames, but increased caution above 122k. Plan: tactical buy only on validated pullback/price action, defensive profit-taking near resistance. Stop-loss below 115,960. Major invalidation under this threshold (low liquidity area). Monitor reactions to upcoming macro events (PCE/Fed) and any escalation in geopolitics. __________________________________________________________________________________ Macro/Fundamentals & On-chain __________________________________________________________________________________ US Macro: PCE YoY above forecast (2.6% vs 2.5%), Fed on hold, USD under pressure. No systemic negative crypto alerts. IMF to classify BTC as “national wealth” from 2026. On-chain: Large liquidity test absorbed, 97% of BTC supply in profit, network consolidation in 117k–122k. Specific risk on break <115k: potential acceleration towards 110k. __________________________________________________________________________________ Summary: BTC/USDT is in a structural range 116k–122k with a dominant bullish bias, supported by technicals, strong macro and on-chain content. Accumulating at supports and defensive sells near resistance remain optimal until confirmation of a directional breakout. Suggested stop-loss: <115,960. Moderate risk until the next major macro/event catalysts. __________________________________________________________________________________