{"id":244950,"date":"2025-07-20T01:30:00","date_gmt":"2025-07-20T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=244950"},"modified":"2025-07-20T01:30:54","modified_gmt":"2025-07-20T08:30:54","slug":"bitcoin-reach-120000-and-a-monthly-major-target","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analisis-de-mercado\/bitcoin-reach-120000-and-a-monthly-major-target\/","title":{"rendered":"Bitcoin alcanza los $120,000 y el objetivo mensual"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Bitcoin <\/h2>\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/es.investing.com\/crypto\/bitcoin\" data-type=\"link\" data-id=\"https:\/\/es.investing.com\/crypto\/bitcoin\" rel=\"noopener\">Bitcoin <\/a><\/strong>reached major bull targets this week<\/li>\n\n\n\n<li>Price retraced from the target, signaling bulls took profits or hedged risk<\/li>\n\n\n\n<li>Time to pause and evaluate bull health with the following chart analysis<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\">Bitcoin <\/h2>\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> chart of Bitcoin <\/h3>\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a5f315fd9175&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a5f315fd9175\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORT.png\" alt=\"Weekly Chart of Bitcoin on July 19th 2025\" class=\"wp-image-244945\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORT.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORT-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORT-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORT-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Weekly Chart of Bitcoin on July 19th 2025<\/figcaption><\/figure>\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p class=\"wp-block-paragraph\">Context and Transition<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Bitcoin spent eight months in a wide trading range during 2024<\/li>\n\n\n\n<li>Break above the range high completed a textbook measured move<\/li>\n\n\n\n<li>Early 2025 printed a double-top plus a powerful bear surprise bar that flipped bias to \u201calways in short\u201d<\/li>\n\n\n\n<li>Given that bear bar\u2019s strength, a second leg lower or sideways looked likely<\/li>\n\n\n\n<li>Bears failed to extend the decline:\n<ul class=\"wp-block-list\">\n<li>Big lower tail before the surprise bar exposed selling exhaustion<\/li>\n\n\n\n<li>Price quickly re-entered the double-top zone and closed the breakout gap<\/li>\n\n\n\n<li>Bears never seized clear control of the market<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The 12\u2011month moving average overlapped the 2024 breakout zone, creating a confluence support shelf<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Shift Back to Long<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Q1 2025 saw a 30% drop from Q4 2024 highs, triggering institutional buy programs during re\u2011allocation<\/li>\n\n\n\n<li>A textbook High\u20113 pattern formed, marking a technical reversal setup<\/li>\n\n\n\n<li>A strong bull bar closed above the 3\u2011month moving average and flipped bias to \u201calways in long\u201d<\/li>\n\n\n\n<li>Drawdown fully recovered; price entered a firm bull micro\u2011channel and printed a cup\u2011and\u2011handle<\/li>\n\n\n\n<li>Markets resist abrupt regime shifts; rallying straight from \u201calways in short\u201d to bull carries statistical edge<\/li>\n\n\n\n<li>First pullbacks in a fresh bull leg almost never reverse; odds favored continuation<\/li>\n\n\n\n<li>A tight sideways\u2011to\u2011down pause ended with a High\u20112 buy signal two weeks ago<br \/><\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">High\u20112 Mechanics<\/p>\n\n<ul class=\"wp-block-list\">\n<li>High\u20112 acted as a legitimate entry trigger<\/li>\n\n\n\n<li>Follow\u2011through lacked vigor, but bulls held ground against expected Q2 institutional sellers<\/li>\n\n\n\n<li>Buying one tick above the previous all\u2011time high offered a higher\u2011probability entry than High\u20112<\/li>\n\n\n\n<li>Bulls targeted a clear bull breakout<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Bull Breakout and Targets<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Pre\u2011breakout probabilities stood at:\n<ul class=\"wp-block-list\">\n<li>60% chance to reach $120\u202f000 before tagging June lows<\/li>\n\n\n\n<li>40% chance to hit $130\u202f000 before testing those lows<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Last week\u2019s price cleared the previous all\u2011time high with a strong breakout bar<\/li>\n\n\n\n<li>Bulls tested $123\u202f000 this week as anticipated<\/li>\n\n\n\n<li>Breakouts often pause with a small second leg sideways to up<\/li>\n\n\n\n<li>Expected profit\u2011taking around $120\u202f000\u2013$123\u202f000 sparked the pullback from the monthly measured move<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Bad Follow\u2011Through<\/p>\n\n<ul class=\"wp-block-list\">\n<li>This week delivered a weak follow\u2011through after the bull breakout<\/li>\n\n\n\n<li>The IBIT ETF closed below last week\u2019s close and near the weekly low<\/li>\n\n\n\n<li>That outcome undermines bull momentum<\/li>\n\n\n\n<li>Price will likely drift into a trading range over the next ten weekly bars<\/li>\n\n\n\n<li>That scenario reduces the odds of reaching the cup\u2011and\u2011handle\u2019s measured move<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">What Now<\/p>\n\n<ul class=\"wp-block-list\">\n<li>The market cycle remains in a tight bull channel<\/li>\n\n\n\n<li>A bull micro\u2011channel now shows two bull bars and two dojis, raising pullback odds over coming weeks<\/li>\n\n\n\n<li>Two open gaps\u2014body gap and breakout gap\u2014favor bulls while they remain unfilled<\/li>\n\n\n\n<li>Bears need a clear bear bar next week to increase their chances of testing closing gaps and eventually reach June lows<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> chart of Bitcoin <\/h3>\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a5f315fda555&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a5f315fda555\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORTdaily.png\" alt=\"Daily Chart of Bitcoin on July 19th 2025\" class=\"wp-image-244942\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORTdaily.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORTdaily-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORTdaily-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORTdaily-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Daily Chart of Bitcoin on July 19th 2025<\/figcaption><\/figure>\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p class=\"wp-block-paragraph\">Trading Range<\/p>\n\n<ul class=\"wp-block-list\">\n<li>The daily chart spent almost two months in a defined trading range<\/li>\n\n\n\n<li>Bears failed on two breakdown attempts<\/li>\n\n\n\n<li>Bulls executed a decisive breakout on their third attempt<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Bull Breakout<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Last week\u2019s breakout looked strong for bulls, implying a high probability of second\u2011leg gains<\/li>\n\n\n\n<li>Monday\u2019s price action hit the measured\u2011move target based on the prior range\u2019s height<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Measured Move Is Resistance<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Rally stalled at both the daily measured\u2011move target and a coinciding monthly target<\/li>\n\n\n\n<li>That reaction aligns with typical profit\u2011taking at major measured moves<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Time for Bulls to Assess Strength<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Bulls reached their target on Monday and now gauge market response<\/li>\n\n\n\n<li>If bears fail to shift bias to \u201calways in short\u201d this week, bulls will re-enter positions<\/li>\n\n\n\n<li>Renewed buying would treat sideways trading as a simple pullback inside a bull channel<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Scenarios<\/p>\n\n<ul class=\"wp-block-list\">\n<li>A tight trading range balances odds between bulls and bears<\/li>\n\n\n\n<li>A 50% retracement without quick recovery would lower odds of a strong bull trend<\/li>\n\n\n\n<li>Bulls would then adopt a buy\u2011low\/sell\u2011high approach, reducing chances of hitting weekly targets<\/li>\n\n\n\n<li>Bears must flip bias to \u201calways in short\u201d by:<br>\n<ul class=\"wp-block-list\">\n<li>Filling bearish gaps and closing current bull gaps<\/li>\n\n\n\n<li>Closing and consolidating below the 50% pullback level<\/li>\n\n\n\n<li>Triggering a bear breakout via strong bars or a series of bears<\/li>\n\n\n\n<li>Closing below $112\u202f000 to confirm downward control<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Conclusion<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Bulls lost short\u2011term momentum, yet bears have not seized control<\/li>\n\n\n\n<li>The bull breakout still holds potential to evolve into a sustained bull channel<\/li>\n\n\n\n<li>Success depends on limited lateral consolidation and failure of bear milestones<\/li>\n<\/ul>\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n<p class=\"wp-block-paragraph\">You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/es\/blog\/analisis-de-mercado\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Bitcoin Bitcoin The Weekly chart of Bitcoin Context and Transition Shift Back to Long High\u20112 Mechanics Bull Breakout and Targets Bad Follow\u2011Through What Now The Daily chart of Bitcoin Trading Range Bull Breakout Measured Move Is Resistance Time for Bulls to Assess Strength Scenarios Conclusion Market analysis reports archive You can access all [&hellip;]<\/p>\n","protected":false},"author":7271,"featured_media":244941,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1418,1905],"tags":[1468,1496],"class_list":["post-244950","post","type-post","status-publish","format-standard","has-post-thumbnail","category-analisis-de-mercado","category-bitcoin-es","tag-bitcoin-es","tag-criptomonedas","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/20250719-BITCOIN-REPORTsemanal.png","author_info":{"display_name":"Josep","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/cnjoseluis10gmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/244950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/7271"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=244950"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/244950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/244941"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=244950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=244950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=244950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}