🚀 Bitcoin just made history! On July 6th, BTC closed its first-ever weekly candle above $109K—breaking a crucial resistance level at $109,004. This move flipped sellers into buyers and revived bullish confidence. But don’t get too excited just yet — we need to see if this breakout holds. 👀


Technically, $BTC might dip towards $107,320 (key mid-range support). If it stays there, bulls could charge towards $110K. But if that support fails, $104,984 is next on the radar. The $107K zone is a “liquidity trap,” where massive liquidation orders ($85M around $107,731) could trigger volatility.


The long-term outlook looks solid though! 📈 Macro FUD is fading, and big players are holding steady. Binary Coin Days Destroyed dropped, showing whales stopped selling and started accumulating again. Institutional investors also bounced back, buying $1B+ BTC shortly after a small July sell-off.


Profit-taking cooled off, and cold wallet holding is back in style — a clear sign that Bitcoin first strategies are dominating again. Whales are playing the patient game, accumulating rather than cashing out.


Stay sharp and watch these levels closely! 🧠💎