$BTC Here you have an updated analysis of **Bitcoin ($BTC)** as of July 15, 2024:
---
### **📊 Key data at the moment** (Source: CoinGecko/Binance)
- **Current price**: **$57,203.40**
- **24h change**: **-1.20%**
- **Market dominance**: **52.8%**
- **Recent high**: $59,450 (July 12, 2024)
- **Key support**: $56,000 / Key resistance: $58,500
---
### **🔍 Recent factors impacting BTC**
1. **Inflation and interest rates**:
- The latest U.S. CPI (June: +0.2% month-over-month) suggested cooling inflation, which could delay rate hikes. This is **bullish in the medium term** for BTC as a risk asset.
- **Market reaction**: BTC retraced after an initial rally due to profit-taking.
2. **Institutional ETF flows**:
- **Grayscale (GBTC)**: Net outflows of $120M this week, persistent selling pressure.
- **BlackRock (IBIT)**: Stable inflows (+$80M daily), but hindered by global sentiment.
3. **Regulatory news**:
- The **SEC postponed the decision on the Ethereum ETF**, creating uncertainty in the market.
- **Germany** auctioned 3,000 seized BTC, increasing the circulating supply.
---
### **📈 Technical analysis (TA)**
- **Short-term scenario**:
- If BTC maintains **$56,000** (Fibonacci 38.2% support), it could attempt to break $58,500.
- If it loses $56k, the next support is at **$54,200** (200-day moving average).
- **Key indicators**:
- **RSI (4h)**: 42 (neutral, no oversold).
- **Volume**: Low compared to the June rally (~$18B daily vs. $30B historical).
---
### **💡 Fundamental factors**
- **April 2024 halving**: The emission reduction is already priced in, but historically drives bullish cycles 6-12 months later.
- **Institutional adoption**: Companies like **MicroStrategy** accumulated +15,000 BTC in Q2 2024.
- **Risks**: Aggressive regulation in the EU (MiCA) and potential restrictions on privacy mixers.
---
### **🛠️ Trading strategy**
