BTC MARKET OVERVIEW 📈

📈 Market Price & Dynamics

Current Price: Around $109,508 (up ~0.03% intraday) .

Daily Range: Between $105,344 and $109,567 .

Recent Trend: BTC surged above $107k–$108k this week and briefly touched $109k+ .

🔍 Key Technical & On‑Chain Insights

Resistance Level: Analysts note a critical resistance around $114k. If BTC breaks above, it might unlock a potential 25% rally toward $143k .

Breakout Potential: Some chartists call this the “breakout of the decade,” highlighting peak tests at trendlines that date back to 2021 .

July Strength: Historically, July has been a strong month for Bitcoin (average returns ~7.6%), often leading to new all-time highs above $112k–$114k .

Market Absorption: Despite profit-taking by long-term holders, on-chain metrics suggest the market is efficiently absorbing supply—often bullish in a bull cycle .

💵 Macro & Liquidity Context

Money Supply Surge: With global M2 hitting a record $55.48T, analysts view this liquidity wave as potentially pushing BTC toward $170k in the next few months .

Dollar Weakness: The U.S. Dollar Index has fallen ~10–11% in H1 2025. A “death cross” in its weekly chart may signal a bottoming process—and historically, dollar bottoms often boost crypto and risk assets .

📰 Market Sentiment & Catalysts

Political Tailwinds: Ongoing pro-crypto regulatory measures—like Trump-era tax policies, the Genius Act, and a U.S. Bitcoin strategic reserve—are lifting sentiment .

Institutional & Corporate Demand: Spot Bitcoin ETFs have gathered over $45 B monthly; companies like Genius Group and MicroStrategy continue treasury purchases; UK firms are also adding BTC holdings .

Exchange Stocks Rally: Coinbase (COIN) stock jumped after its price target received strong upgrades, reflecting confidence in rising trading volume and clearer regulations .

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$BTC