Here is a comprehensive analysis for July 12, 2025, on Bitcoin (BTC) performance:
---
📌 Daily Performance Summary
The current price is around $117,927, with a slight decline of about -0.05% since the previous close, while the daily high was $118,668 and the daily low was $116,821.
Bitcoin recently surpassed its previous high of $111,000–$112,000, reaching a new historical peak this week at $118,000 – $119,000.
---
🚀 Rise Motivations
1. Huge inflows from BTC ETF funds: On Thursday alone, about $1.18 billion was recorded in inflows from spot Bitcoin funds, reflecting strong institutional interest.
2. Short squeeze: More than $1 billion in short positions were liquidated within 24 hours due to a sharp price rise.
3. Positive regulatory crypto support: Pro-crypto policies from the Trump administration, including the establishment of a strategic Bitcoin reserve and Congress's approval of the Genius Act to enhance cryptocurrency market regulation.
---
📈 Technical Analysis and Forecasts
The Cup-and-Handle technical model indicates continued upward momentum, with expectations of an additional rise of about 14% towards approximately $134,500.
The MACD indicator shows clear momentum strength supporting the continuation of the upward trend.
The new support is manifested at approximately $108,300, which was a previous resistance and has now turned into support.
---
🧭 Proposed Strategy
Time Frame Potential Scenario Proposed Entry Points Stop Loss Expected Target
Short-term Slight pullback then rise $116,800 – $117,500 $116,000 $120,000 – $122,000
Medium-term Continued gains and target achievement Above $118,500 – $119,000 Correction below $116,800 Towards $130,000 – $135,000
---
⚠️ Risks to Watch
The surge in Bitcoin trading creates a high liquidity trading zone, which means chances of a correction if the price fails to break the resistance at approximately $120,000 – $128,500.
Despite regulatory optimism, there are still political and economic fluctuations that could quickly affect market sentiment, especially with escalating dialogue around trade tariffs and global economic tensions.
---
🔍 Short to Mid-Year Outlook
Analysts like Gerry O'Shea from Hashdex expect Bitcoin to surpass $140,000 if institutional liquidity and a favorable legislative climate continue.
The Power-Law Ranger model indicates a potential upward trajectory towards $200,000–$300,000 by the end of December, based on previous cycles.
---
✅ Summary
BTC shows strong bullish performance after breaking previous highs, supported by institutional inflows, technical momentum, and new regulatory support.
Key resistance level: $120,000 – $128,500
Strong support level: ≈ $108,300
Expected targets in the short to medium term: $120,000 – $135,000 and possibly higher depending on the continuation of momentum and regulatory developments.
Would you like a chart analysis on the 4-hour or daily timeframe using indicators like RSI or MACD?#BTCBreaksATH