Bitcoin (BTC) Price Prediction for July 16 2025

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? 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 .

Source: Coin Edition