Bitcoin BTC/USD ended the trading week at 117415 and continues to move within the growth and bullish channel. Moving averages indicate an upward trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the asset and a potential continuation of the growth of BTCUSD quotes. Now, we should expect an attempt at a bearish correction of the coin’s price and a test of the support area near the 110505 level. From there, we should again expect an upward rebound and a continuation of Bitcoin’s growth with a potential target above the 150505 level.
Bitcoin Weekly Forecast BTC/USD July 14 — 18, 2025
An additional signal in favor of the growth of BTC/USD quotes in the current trading week of July 14 — 18, 2025 will be a rebound from the lower border of the bullish channel. The second signal will be a rebound from the support line on the relative strength index (RSI). A fall and breakout of the 97505 area will cancel the possibility of a Bitcoin rise in the current trading week. This will indicate a breakout of the support area and a continuation of the decline in BTC/USD quotes with a potential target below the 85065 level. Confirmation of the bullish movement will be a breakout of the resistance area and a close above the 124505 level.
Bitcoin Weekly Forecast BTC/USD July 14 — 18, 2025 suggests an attempt to reach the support area near the 110505 level. Then, the cryptocurrency will continue to grow to an area above the 150505 level. An additional signal in favor of a rise in the Bitcoin rate during the current trading week will be a test of the trend line on the relative strength indicator. A fall and breakout of the 97505 area will cancel the option of growth in Bitcoin cryptocurrency quotes. In this case, we should expect a continuation of the decline with a target at 85065.
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