$BTC šŖ:
š Market Snapshot
Current price: USāÆ$118,108
Intraday range: USāÆ$116,821āÆāāÆ$118,637
Daily change: ā0.45%
š Recent Highlights
New all-time high: Bitcoin recently topped USāÆ$118,800, setting a fresh record amid a broader crypto rally .
ETF inflows surge: Major U.S. spot BTC ETFs saw over $1āÆbillion in inflows on consecutive days as the price broke records .
Technical outlook: Analysts identify a bullish "cupāandāhandle" takeover pattern and strong MACD indicators, suggesting potential upside around ~USāÆ$134,500 (+14%) .
Regulatory tailwinds: The U.S. āCrypto Weekā (starting JulyāÆ14) featuring discussions on the CLARITY, GENIUS, and AntiāCBDC Acts helped fuel optimism .
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š® Whatās Ahead
Factor Potential Impact
ETF momentum Continued inflows may tighten supply and support higher prices.
Regulatory clarity Favorable outcomes from crypto legislation could bolster institutional confidence.
Technical resistance Next key level lies around USāÆ$134kā$140k, per analysts and chart patterns.
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šļø Related News
MicroStrategyās BTC stash now worth around USāÆ$70.6āÆbillion, boosting investor sentiment .
Robinhood shares surged alongside BTCās rally, despite ongoing scrutiny of its crypto unit .
Corporate adoption continuesāmore firms shifting treasury reserves into Bitcoin, supporting long-term growth expectations .
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š Bottom Line
Bitcoin is sitting just above its latest all-time high, with strong momentum from ETF flows, institutional interest, and technical indicators. If resistance levels hold and U.S. crypto policy progresses positively, forecasts point to potential gains in the USāÆ$130kā140k range by year-end.
Let me know if you'd like a deeper dive into technicals, ETF specifics, or broader crypto market trends!