*"Bitcoin ignites again!!! All-time high opens the doors to price madness!"* 🚀🔥

Price Update

Bitcoin reached $118,730 on July 11, 2025, and settled at $117,640 after rising from $113,700 the previous day.

Top traders on Binance Square noted the 5.38% increase in BTC as evidence of accelerating momentum.

Market Dynamics

Trading volumes jumped by 47.14% to $208.23 billion with $1.17 billion flowing into ETF funds.

American traders led the increase (+$4,990), while BTC sales in Bhutan resulted in a slight profit-taking.

The long-to-short trading ratio is 0.77 in USDT markets, with liquidation values exceeding $200 million.

Trading Predictions

Technical indicators remain favorable with RSI at 62 and a positive MACD histogram. Traders expect to test the $120,000 - $125,000 range if momentum continues, with a support level at $116,000 providing potential entry opportunities during pullbacks.

Market Sentiment

The optimism ratio in the community is **92.05%**, supported by the upcoming "crypto week" in the U.S. and Hong Kong regulations on stablecoins.

The minority of pessimists, at 7.94%, attribute their concerns to high-leverage positions and sell-offs in Bhutan, although most traders see pullbacks as buying opportunities.

#BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #FOMCWatch