Market Snapshot
• BTC at $117,100 (+0.17%), hitting ATH of $118,856 on July 9
• Trading within $102K-$120K consolidation range after June close at $106,900
• Bullish "pin bar" pattern forming on monthly chart
Key Catalysts
• Record ETF inflows: $589M on June 28 with 11-day positive streak
• BlackRock acquired $953.5M in Bitcoin recently
• Asia leading price action (+1811 differential) while Europe/America lag
• Fed rate cuts expected late 2025, supporting crypto assets
Trading Implications
• Monitor $120K resistance; breakout could target $134K
• Track Bitcoin Hits $117K, Smashes ATH, and Historic Breakthrough for sentiment
• Binance Square users 89.9% bullish with July average price projection of $126K
