📅 Date: July 11, 2025
💱 Pair: BTC/USDT
📈 Current Price: $117,604.21
📊 24H Change: +5.62%
Bitcoin has roared back into bullish territory, climbing to $117,604.21 on Binance with a strong 24-hour gain of 5.62%. This surge marks a continued recovery from recent lows, as BTC approaches critical resistance near $119,000.
🔹 24H High: $118,869.98
🔹 24H Low: $111,092.00
🔹 24H Volume (BTC): 38,986.39
🔹 Volume (USDT): $4.53B
📉 Recent Price Action:
After dipping to $98,200 just weeks ago, Bitcoin has steadily gained traction. Strong volume and technical support at the 25-day MA ($107,502.67) have fueled upward momentum, with BTC now decisively trading above key moving averages.
📊 Technical Indicators:
MA(7): $111,348.01
MA(25): $107,502.67
MA(99): $100,410.70
Volume is surging, with 90-day gains at +40.62% and 1-year growth topping 104%.
📌 Market Sentiment:
Bullish sentiment dominates, with 96.29% of the order book in favor of buyers. Momentum indicators point to further upside if BTC breaks and holds above the $119,000 resistance level.
💬 Outlook:
If Bitcoin sustains current volume and breaks past $119K, a retest of the $120,000 psychological barrier could be imminent. Traders are watching closely for confirmation in the next 24–48 hours.
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