Currencies34162
Market Cap$ 4.07T-1.60%
24h Spot Volume$ 111.08B+7.78%
DominanceBTC58.16%+1.97%ETH10.80%+0.17%
ETH Gas0.41 Gwei
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Bitcoin (BTC) Price Prediction for July 16 2025


by Parshwa Turakhiya
for CoinEdition
Bitcoin-(BTC)-Price-Prediction-Analysis

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/ZoneLevel / 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?

BTC price dynamics (Source: TradingView)

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.

Read the article at CoinEdition

Read More

Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

The correlation between BTC's implied volatility indices and the S&P 500 VIX recently...
Bitcoin Price Analysis: BTC Faces $120K Resistance as Compression Tightens

Bitcoin Price Analysis: BTC Faces $120K Resistance as Compression Tightens

Bitcoin is currently hovering around $119,060 after consolidating below the $120,000 ...

Bitcoin (BTC) Price Prediction for July 16 2025


by Parshwa Turakhiya
for CoinEdition
Bitcoin-(BTC)-Price-Prediction-Analysis

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/ZoneLevel / 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?

BTC price dynamics (Source: TradingView)

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.

Read the article at CoinEdition

Read More

Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

The correlation between BTC's implied volatility indices and the S&P 500 VIX recently...
Bitcoin Price Analysis: BTC Faces $120K Resistance as Compression Tightens

Bitcoin Price Analysis: BTC Faces $120K Resistance as Compression Tightens

Bitcoin is currently hovering around $119,060 after consolidating below the $120,000 ...