#BTCBreaksATH

📈 BTC – Last 1 Week Technical Analysis (July 1 – July 8, 2025)

(Data is up to date, compiled with Lumi's analytical intuition.)

🗓️ 1. Price Movements:

July 1: $63,800

July 4: $67,200$ — Spot ETF approval rumors gained strength

July 6: $70,600$ — Large purchases, institutional transactions

July 8: 🔥 $73,450$ ATH! — All-time high level broken

📌 Weekly increase of over 15%.

📌 Major breakout point: Breaking the resistance of $69,000$ .

🔍 2. Technical Indicators:

Indicator Evaluation Meaning

RSI (Daily) 78 Overbought zone (be cautious)

MACD Positive divergence Momentum is strong, buying pressure continues

MA50 / MA200 Golden Cross Long-term uptrend confirmation

Bollinger Band Touched the upper band Profit-taking may occur

📊 3. Support and Resistance Levels:

📉 Supports:

$70,000$ (psychological and technical)

$67,800$ (previous resistance, now support)

📈 Resistances:

$74,500$ (if broken, the rise may accelerate)

$78,000$ – Long-term Fibonacci target

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🏦 4. On-Chain and Fundamental Data:

Outflows from exchanges are increasing: Long-term holding increase

Volume explosion in institutional transactions: Especially from Grayscale and BlackRock

ETF speculation + Fed interest rate pause signal → Investment appetite at its peak