$BTC

UPDATE on Bitcoin (BTC) as of July 12, 2025:

🚀 BTC Market Snapshot

Record High: Broke above $118K—currently hovering around $117.7K—marking a ~26% gain so far in 2025 .

ETF Inflows: Massive momentum continues: ~$1.18 B in inflows on July 10, and historical single-day peaks over $1 B .

Legislative Support: Crypto-friendly bills (GENIUS, CLARITY Act) are in motion, paired with Trump’s pro-crypto actions and a strategic Bitcoin reserve .

🐳 Whale & On‑Chain Activity

Whale Surge: Active accumulation from whales has drawn 80k BTC from dormant wallets and lifted reserves off exchanges—a bullish rebalancing .

Liquidation Dynamics: Over $1 B in short-position liquidations recently, driving bullish short squeezes .

📈 Technical Outlook

Broken Range: Clean breakout above $112K–$118K now targeting $130K+, with analysts eyeing $130K–146K .

Momentum Check: RSI ~60–65 and positive MACD—no signs of overheating yet .

📊 Trade Setup

Strategy Price Range

Dip Entry $115K – $116K

Breakout Zone Above $118K

Short‑Term Target $130K – $146K

Mid‑Term Bull Case $160K – $200K+

Stop‑Loss Below $114K

➡️ DYOR .

PLEASE FOLLOW , Like and Share for more information and updates.