#BTCBreaksATH
๐ง BTC/USDT Technical & Fundamental Analysis
๐ Date: July 11, 2025 | Timeframe: 1D (Daily)
๐ฐ Price: $115,845.98
๐ 24h Change: +3.88%
๐ All-Time High (New): $116,868.00
๐ป 24h Low: $110,500.00
๐ผ 24h High: $116,868.00
๐ Technical Analysis
๐น Trend & Moving Averages:
MA(7): $109,950.30 (short-term bullish support)
MA(25): $107,063.72 (mid-term momentum line)
MA(99): $100,061.65 (long-term support)
โ BTC is trading significantly above all major MAs โ a clear bullish signal
๐ธ Stochastic RSI: 75.12
Overbought territory, suggesting momentum is strong, but a short-term pullback may occur after such a sharp move
๐ Chart Pattern:
BTC has broken out of a consolidation zone and made a new ATH at $116,868.00 confirming strong bullish structure
Resistance flipped into support near $110,500โ$112,000 zone
๐ Volume & Order Book Analysis
๐ 24h Volume:
BTC Volume: 24,696.83 BTC
USDT Volume: $2.80B
Volume surge confirms strong buying momentum
๐ฐ Buyers & Sellers:
Buyers Dominant: Large market orders observed near $115Kโ$116K zone
Sellers setting offers slightly above ATH around $117Kโ$118K
๐ Short-term resistance seen near $118K support building near $110K
๐ Fundamental Catalysts & News
๐ฐ Key Headline:
"Bitcoin (BTC) Hits New All-Time High Above $116,000
๐งฉ Driving Factors:
ETF inflows remain strong as institutional investors increase exposure
Global inflation concerns are pushing investors towards BTC as a hedge
U.S. interest rate cuts speculated for Q3 2025 โfueling risk-on sentiment.
Miner capitulation phase endedโReduced sell pressure
๐ BTC has more than doubled in value YoY โ signaling strong long-term conviction
โ Summary (Trending & Professional Style)
Bitcoin breaks into uncharted territory, hitting a new ATH above $116K, backed by strong volume, institutional inflows, and technical breakout momentum. As long as BTC holds above $110K, bulls remain in full control. Watch for next resistance around $118Kโ$120K and support near $110Kโ$112K