1️⃣ Stock Market Indexes & Correlation with BTC
S&P 500 (SPY) trading around $620.68 (–0.76%), and NASDAQ (QQQ) at $552.03 (–0.73%)
Dollar Index (DXY) – not fetched yet, but typically when it’s strong, BTC sees downward pressure.
Conclusion: US equities are slightly negative, hinting at cautious risk sentiment. Correlation with BTC is moderate.
Signal: ⚪ Neutral
2️⃣ BTC Trading Volume
Today’s BTC price is around $108,748
Trading volume appears steady—no major spikes indicating panic or euphoria.
3️⃣ Fear & Greed Index
Alternative.me shows 65 (Greed) ; FearGreedMeter confirms 73 (Greed) .
Interpretation: Market sentiment leans bullish but not dangerously overheated.
Signal: 🟢
4️⃣ Liquidations (Total & BTC-Specific)
Crypto market saw $169 M liquidations on July 7: $123 M long / $46 M short, with BTC longs ~$14.8 M and shorts ~$19.4 M .
Recent 24h total liquidations for BTC around $109 K —relatively tame.
Signal: ⚪ Neutral
5️⃣ BTC Technical Analysis
Current Price: ~$108.7K.
Support Levels: ~$105K (psychological), then $100K.
Resistance Levels: ~$110–112K, then all-time high near $120K.
Chart patterns show a mild upward bias.
TA Signal: 🟢
6️⃣ Macro & Geopolitical Fundamentals
No major global conflicts or Fed announcements today.
Macro backdrop: inflation cooling—positive for risk assets.
BTC adoption steady; no recent ETF developments.
Signal: 🟢
7️⃣ Latest Impactful News
On-chain data warnings minimal.
No new regulatory crackdowns.
Crypto market calmer after recent volatility.
Signal: 🟢
8️⃣ Market Sentiment & Analyst Forecasts
Sentiment: bullish but cautious (Greed index middle pace).
Analysts see BTC in consolidation; some expecting a breakout above $110K soon.
Signal: 🟢
Probabilities for next month:
BTC > $120K: 30%
BTC $105–110K: 50%
BTC < $100K: 20%
Summary
Equities are neutral–negative, but BTC holds strong amid moderate greed.
Liquidations are manageable, technicals lean upward, macro sound.
Sentiment is upbeat without being frothy.
➡️ Forecast: Likely $BTC will trade sideways to somewhat higher over the next weeks, with upside potential if it breaks $110K decisively.
