📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
BTC Technical Market Overview – 14 July 2025
This report reflects the current live trading activity of Bitcoin.
Price Overview
Bitcoin is currently valued at 121,023 dollars, after reaching a high of 122,852 dollars and dipping to a low of 118,427 dollars during the session. The trend remains positive, and the price is positioned above important support zones.
Chart Structure
Bitcoin is forming a consolidation flag on shorter timeframes. After the recent surge, it is stabilizing between 119,000 and 122,800 dollars. A clear move beyond 122,800 could unlock further gains toward 125,000 dollars. However, if the price dips under 119,000, it could trigger a slide toward 118,427 or possibly 115,000.
Strategic Outlook
Upside Strategy
Buy near: 121,000 to 122,000
Profit goals: 125,000 and 128,000
Protective level: below 119,000
Downside Caution
Breakdown trigger: below 119,000
Pullback targets: 118,427 and 115,000
Risk limit: above 121,000
Closing Notes
Bitcoin maintains its upward strength, supported by solid market structure and technical signals. The key zones to monitor are 119,000 for support and 122,800 for breakout potential. Movement outside this range could determine the next short-term trend. Traders are advised to use disciplined entries and risk management as price action develops.
Ask ChatGPT
Market Direction
Short-term movement: The upward momentum continues, with price structure showing consistent gains and minor corrections.
Medium-term outlook: The uptrend remains solid after breaking beyond the 110,000 dollar range earlier this month.
Long-term performance: Bitcoin is firmly in recovery mode, staying above long-term average price indicators.
Technical Signals
Relative Strength Index (RSI) indicates mild bullish energy, hovering between 60 and 70, not yet at an overbought level.
MACD indicator continues to show positive divergence, supporting ongoing buying pressure.
Moving Averages show a favorable alignment, with short-term averages rising above medium and long-term lines.
#Crypto# #BullRun# #Crypto Market Insights# #BTC# #BTC Hits New High#