TLDR:
- BTC price is stuck between 117.8K support and strong 119.3K resistance wall.
- Footprint charts show repeated seller activity near $119.3K.
- CME gap from 114.3K–115.6K remains unfilled, could attract price action.
- A 15-minute close above 119.3K may trigger push toward 120.5K.
Bitcoin is back at a critical price level. Sellers are holding the line just below 119.3K, while buyers are stepping in near 117.8K. The battle between these zones is tightening, and something’s got to give.
Momentum has slowed, and bulls need a strong push to escape the current range. Meanwhile, traders are eyeing liquidation clusters and gaps that could shape the next big move.
BTC Price Holds Steady Between Support and Resistance
Bitcoin is locked in a narrow band between 117.8K and 119.3K. That’s the same zone that capped Monday’s bounce.
According to market data shared by @IT_Tech_PL, the price climbed from a local low of 115.9K to 118.9K. But now, thick sell walls near 119.3K are blocking upside progress. Buyers are still active, though, as bids from 117.8K continue to absorb downward pressure.
$BTC Tests 119 K Wall – Bulls Need a Clean Break.
Price is back at the same sell zone that capped Monday’s bounce. Footprint shows fresh offers near 119.0-119.3 K, while bids from 117.8 K keep absorbing dips.
BTC/USDT – Binance 15 m Footprint + Liquidation Map. Current… https://t.co/MpjTUzsPcR pic.twitter.com/GsClslviDT
— IT Tech (@IT_Tech_PL) July 22, 2025
The SuperTrend remains green but is starting to flatten. That suggests momentum is slowing under the 119K barrier. Unless BTC breaks above this ceiling soon, price action may reverse.
Footprint charts reveal that sellers have repeatedly stacked offers around 119.0K to 119.3K. That’s the first ceiling in the short-side risk zone. If bulls manage to clear this level, 119.7K to 120K comes next, marking the last swing high. A clean 15-minute close above 119.3K could trigger a quick push toward 120.5K, where liquidity thins out.
Below the current price, key dip zones stretch from 118K down to 116K. If BTC loses 117.8K support, it could tumble fast toward 117K and even 116K, where stronger demand may emerge.
CME Gap Still Open Below
@WiseAnalyze noted that Bitcoin’s CME gap between 114.3K and 115.6K remains unfilled. Gaps often act like magnets for price, especially when market momentum slows.
Bitcoin Daily
Key Levels to Watch:
• Above: 119038 / 120951 / 123300
• Below: 115678 / 111960 / 110653
BTC Liquidation Heatmap:
• Above: 119539 / 120540 / 121090
• Below: 115961 / 114860 / 113301Ethereum has slowed down but still leads the volume race.… https://t.co/Ah2xLx4XGt pic.twitter.com/ebuyFFR1Wm
— Zen (@WiseAnalyze) July 22, 2025
While Ethereum continues to dominate trading volume, a local top on ETH could shift attention back to BTC. That gives Bitcoin some room to act independently.
Despite recent price strength, BTC remains vulnerable if support cracks. A deeper pullback to fill the CME gap isn’t off the table.
Current data from CoinGecko shows Bitcoin hovering at $119,036, with modest gains over the past day and week. That price sits just below the first resistance wall. Bulls need to break through 119.3K to unlock higher targets near 120K.
Until that happens, sellers have the upper hand.
Shorts look risky here, as mentioned by @WiseAnalyze. Dips into strong support zones still offer the best setups. For now, the range holds, but not for long.
The post BTC Price Tests 119K Wall as Bitcoin Bulls Struggle to Break Through Key Resistance appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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