Bitcoin (BTC) Price Analysis for July 14

Key Points

1. The rate of Bitcoin (BTC) has increased by 2.71% since yesterday, reaching $123,236.

2. Most of the daily ATR has passed, suggesting limited sharp price movements by the end of the day.

3. A potential correction to the $115,000-$117,000 range is possible if a long wick appears.

4. Midterm volume is declining, indicating sideways trading in the $115,000-$120,000 range is likely until month-end.

5. Bitcoin is trading at $120,918 at press time.