Is #TradingStrategyMistakes new?

Date: July 11, 2025

Bitcoin (BTC) has seen a significant rise in the last few hours, surpassing the $64,700 mark, bolstered by increased investor confidence amid improvements in global economic indicators. This move comes after a period of volatility, raising questions about the market direction in the coming days: Is this just a temporary rebound, or the beginning of a strong upward wave?

✅ Key drivers behind the rise:

1. Slowdown in inflation in the United States: Consumer Price Index (CPI) data showed a slowdown in inflation, increasing expectations that the Federal Reserve will ease monetary policy in the near future.

2. Increase in institutional inflows: Bitcoin ETFs recorded their highest monthly inflows since April, reflecting renewed interest from major institutions.

3. Supporting technical analysis: Bitcoin managed to break a key resistance level at $63,500, supported by positive trading momentum, opening the door to targeting levels of $66,000 and $67,000 in the short term.

🧠 Current market outlook

It seems that Bitcoin has entered a phase of relative stability after a correction that lasted several weeks, as it attempts to build a support base above the $62,000 level. Its success in maintaining this level may encourage investors to bet on a rise towards higher areas, especially with the easing of global economic pressures.