BTC/USDC Market Update – July 10, 2025
Bitcoin (BTC) has reached new heights, trading above $112,000 against USDC and setting an all-time high near $113,800. The surge is fueled by robust institutional demand and favorable U.S. policy developments, with a notable spike in trading volume and bullish technical signals.
Key technical indicators on TradingView show BTC/USDC breaking out from a consolidation phase, supported by a strong uptrend on both short and long-term moving averages. The MACD and ADX readings confirm powerful bullish momentum, while a recent volume spike near $111,500 suggests genuine buying interest rather than speculative moves.
Short-term resistance is identified at $112,000, with a next potential target of $113,500. Support zones are at $110,500 and $109,000—key areas for dip buyers to watch. Market sentiment remains optimistic, but traders are advised to monitor macroeconomic news and be cautious of profit-taking at these elevated levels
