{"content":"🚀 Bitcoin Ranges Between $115K–$121K—Breakout or Breakdown Next? 🧐📊 On July 14, the price of bitcoin achieved a new all-time high of $123,218. Since then, it has been trading in a range that is between $115,000 and $121,000. It is now trading slightly higher at around $118,500 as of the time of this writing on Monday. On a daily basis, if Bitcoin (BTC) closes above the top border of the consolidation zone, which is priced at $120,000, it has the potential to continue the recovery toward the new all-time high price of $123,218. 66 is the value of the Relative Strength Index (RSI) on the daily chart, and it is pointing higher, which indicates that bullish momentum is present. On the other hand, the Moving Average Convergence Divergence (MACD) indicator is on the cusp of reversing a bearish crossing. In the event that it demonstrates a bearish crossing on a daily basis, it would indicate that it is time to sell. On the other hand, if Bitcoin (BTC) falls below the lower consolidation barrier at $116,000 on a daily basis, it has the potential to prolong the slide and retest the 50-day Exponential Moving Average (EMA) at $110,325. #BTCvsETH #CryptoMarket4T #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/21/4bf3cf05f6fa4086855fa3d8a06bee94.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}