$BTC

🟢 BTC/USDT Technical & Fundamental Analysis

📅 Date: July 12, 2025

📊 Exchange: Binance

🔄 Pair: BTC/USDT

📌 Current Price: $117,358.46 (+0.35%)

🔍 Technical Analysis (1D Chart)

🔸 Key Indicators:

MA(7): $112,645.70 ✅ Short-term bullish crossover

MA(25): $108,011.89 ✅ Mid-term uptrend

MA(99): $100,747.99 🔼 Long-term support strong

Stochastic RSI: 95.96 ⚠️ Overbought zone – possible short-term pullback

📈 Support & Resistance Levels:

Resistance: $118,869.98 (Recent High)

Support: $111,328.44 (Local MA zone), $101,568.81 (Next strong support)

⚠️ Trend Summary:

Trend: Bullish continuation with strong buying volume

Structure: Higher highs and higher lows confirmed

Warning: StochRSI indicates overheating – some correction possible

💹 Volume & Order Book Analysis

🔸 24h Volume:

BTC: 10,568.15 BTC

USDT: $1.24B – Strong liquidity

🧾 Order Book Snapshot:

Buy Orders:

Large buyer clusters between $116,000–$117,000

Indicates strong demand support below current price

Sell Orders:

Resistance begins from $118,200+

Moderate profit-taking seen above current zone

📰 Fundamental Drivers

🔺 Recent Positive News:

ETF Inflows Rebound: Institutional inflows into spot Bitcoin ETFs have resumed, driving momentum.

Macro Easing Signals: Fed rate-cut talks signal risk-on behavior returning.

Hashrate Stability: Bitcoin’s network is stable post-recent difficulty adjustment.

🔻 Risk Factors:

Mt. Gox Repayments: Anticipated distribution of BTC could increase short-term volatility.

Regulatory Overhang: Ongoing US policy discussions may impact sentiment.

📌 Conclusion:

Bitcoin remains in a strong bullish phase, driven by institutional interest, strong macro trends, and technical strength. While short-term pullbacks are likely due to overbought indicators, the long-term structure remains intact. Buyers are active around $116K, with sellers looking to exit above $118K. Caution advised near resistance zones, but dips may offer strategic re-entry opportunities.