Forecast update for Bitcoin -22-07-2025
AI Summary
- BTCUSD price reinforced gains, supported by stability at $116,500 and positive momentum to surpass negative pressures
- Bitcoin preparing to attack main resistance level at $120,000 with main bullish trend on short-term basis
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The price of (BTCUSD) reinforced its gains in its intraday levels, supported by the stability of the critical support at$116,500 as we expected previously, gaining positive momentum that assist it to surpass the negative pressures, especially with the emergence of the positive signals on the (RSI), preparing to attack the main resistance level at $120,000, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this trend.
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Forecast update for Brent crude oil -22-07-2025
The price of (Brent) declined in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, which prevents the price recovery on the intraday levels, especially after offloading its clear overbought conditions on the (RSI), intensifying the negative pressure and noticing the emergence of the negative signals again, to break main bullish trend line that was supporting its previous positive trading, which might reinforce the price decline in its upcoming trading.
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Forecast update for crude oil -22-07-2025
The price of (crude oil) settled in its last intraday trading, settled below $65.60 support with the continuation of the negative pressure that comes from its trading below its EMA50, besides the emergence of the negative signals on the (RSI), after the price success in offloading its oversold conditions, reinforcing the negative scenario.
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Forecast update for Silver -22-07-2025
The price of (Silver) rose slightly in its last intraday trading, preparing to attack the critical resistance level at $39.00, taking advantage of offloading the overbought conditions that were clear on the (RSI) previously, opening the way for achieving more of the gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for today.
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See the full results here: Trading Signal Results by BestTradingSignal.com; Week of July 14–18, 2025