🚀 Current Situation
BTC is trading around $111,500, up ~2.1% today, with intraday ranges between $109,100–$111,750.
On July 10, BTC surged past $112,000, reclaiming record highs last hit in May. Institutional flows, ETF demand, and pro-crypto legislation are fueling the rally.
📈 Short-Term Outlook (Next Few Weeks)
Upside:
Tech indicators show bullish momentum. Measured move targets near $146,400 (~32% above current)
Weekly view: A close above $110,174 could validate breakout toward $110K–$111K range.
Downside:
Pullbacks may retest $107K–$100K zones if volume drops or macro sentiment shifts.