$BTC ๐ $BTC Updates โ July 10, 2025
#BTCBreaksATH | #BitcoinRally | #CryptoMarketWatch
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๐ก Live Price:
> $BTC = ~$112,480 (+6.7% 24h) (as of latest update)
Bitcoin has officially shattered its previous ATH and is now trading in uncharted territory.
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๐ฅ Market Drivers
1. ๐ ETF Inflows:
Spot BTC ETFs saw over $1.8B inflow in the last 48 hours, led by BlackRock iShares BTC Trust and Fidelity Wise Origin ETF.
2. ๐ Global Demand:
Rising demand from Latin America, Asia, and the Middle East amid local currency instability.
3. ๐ Institutional Accumulation:
Companies like MicroStrategy and ARK Invest added to their BTC holdings in early July.
4. ๐ Decreasing Exchange Supply:
BTC held on exchanges at 4-year lows, pointing to HODLer accumulation.
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๐ Technical Overview
Indicator Signal
RSI (Daily) 78 โ Overbought zone โ ๏ธ
20D EMA $104,300 โ Bullish
MACD Strong bullish crossover
Resistance $114K / $118.5K
Support $109K / $105K
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๐ฎ Price Prediction โ Short Term
Scenario Target Confidence
๐ Bullish $118Kโ$120K ๐ฅ High
โ ๏ธ Correction $105Kโ$107K ๐ก Moderate
๐จ Breakdown Below $98K ๐ด Low (unless macro shock)
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๐ Important Events Ahead
July 15: Binance HODLer Program Reward Snapshot
July 20: U.S. CPI Data โ may trigger volatility
August: SEC ruling on Ethereum/Altcoin ETFs
Q3-Q4: U.S. election volatility buildup โ possible hedge demand
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๐ก Pro Tip for Traders
> In ATH territory, set trailing stop-losses, use volume-based entries, and avoid over-leverage. Focus on breakout patterns, especially during U.S. trading hours (13:30โ20:00 UTC).
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Would you like:
๐ Altcoin gainers during this BTC rally?
๐ BTC short strategy (hedge in case of correction)?
๐ฒ Real-time arbitrage signals across exchanges?
#BTCto120K #BitcoinNews #HODL #CryptoStrategy
