#BTC☀
Rise Through ETF Inflows
• Bitcoin reached $118,856 before stabilizing at $117,486
• Record ETF inflows of $1.18 billion on July 11
• BlackRock's iShares dominates with 706,008 BTC ($83.22 billion) under management
• BlackRock Milestone ETF
Trading Implications
• RSI approaching overbought zone with strong bullish momentum
• Critical support established at $116K-$117K
• High long-short ratio at 44.4:1
• ETF Flow Analysis
Outlook and Risks
• Community sentiment: 90.49% bullish on Binance Square
• Price targets: $129,700 in the short term, $145,000 by year-end
• Watch for potential corrections towards $80K
• Regulatory clarity (GENIUS/CLARITY Laws) favoring institutional adoption
• Latest ETF Data