🚀 Bitcoin Analysis Today

#Write2Earn #BTC #BinanceSquare #CryptoTrends

#BitcoinAnalysis #CryptoNews #BTCForecast

Bitcoin ($BTC) has officially broken past its previous all-time high, reaching $111,999, signaling the start of a new bull market. Despite intense sell pressure on Binance Derivatives, BTC has held firm above the $100K psychological level, showing signs of institutional accumulation.

📊 Technical Outlook

BTC is forming an inverse head and shoulders pattern, often a precursor to major breakouts.

Resistance at $110K is being tested repeatedly, with analysts eyeing $150K as the next target.

On-chain data shows retail holders are shedding coins while whale wallets continue to grow, suggesting a shift from weak hands to strong hands.

📈 Market Sentiment

The Crypto Fear & Greed Index sits at 71, indicating strong bullish sentiment.

ETF inflows have surged, with over $1B entering spot Bitcoin ETFs in July alone.

Short positions worth $217M were liquidated in the past 24 hours, reinforcing upward momentum.

💡 Strategic Insight
Bitcoin’s resilience under pressure and growing institutional interest point to a maturing asset. Traders should watch for a confirmed breakout above $112K, which could trigger a rapid move toward $125K–$150K. With volatility compressing and accumulation rising, BTC may be gearing up for its next parabolic leg.

🪙 Final Thought
As #Bitcoin continues to defy gravity, the question isn’t whether it will rise—but how fast. Stay sharp, stay informed, and keep stacking sats.

— Written for #Write2Earn on Binance Square.