Bitcoin (BTC) Price Prediction for July 16 2025
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After breaking above $122,000 earlier this week, Bitcoin price faced rejection near the upper boundary of a major volume resistance zone. The move follows President Donald Trump’s 30% tariff announcement on EU and Mexican imports, triggering mixed reactions across risk assets. As of writing, Bitcoin price today is trading around $117,200, down over 4.8% from its recent highs.
Bitcoin Price Forecast Table: July 16, 2025
| Indicator/Zone | Level / Signal |
| Bitcoin Price Today | $117,200 |
| Resistance 1 | $119,000 |
| Resistance 2 | $122,000 |
| Support 1 | $115,400 |
| Support 2 | $112,400 |
| Bollinger Bands (4H) | Mean at $117,300, Lower Band near $115,700 |
| Supertrend (4H) | Bearish Flip at $121,563 |
| RSI (4H) | 48.5 (Neutral-Bearish) |
| MACD (4H) | Bearish Crossover |
| DMI (4H) | -DI > +DI, ADX at 27.27 (Bearish Strength) |
| Spot Netflow (July 15) | -$477.9M (Negative Liquidity) |
| Open Interest | $86.11B (-1.81%) |
| Derivatives Volume | $147.18B (+31.78%) |
What’s Happening With Bitcoin’s Price?
Bitcoin broke out of its range on July 11, rallying over $15,000 to test $123,236 which is a key supply zone marked by a red order block on the daily volume profile. However, price failed to hold above $122,000 and q…
The post Bitcoin (BTC) Price Prediction for July 16 2025 appeared first on Coin Edition.
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In This News
Coins
$ 67.43K
-5.68%$ 0.0592
-3.59%$ 0.0000824
$ 213.96
$ 0.00301
Predictions Markets
See what traders are focused on
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