$BTC
🇧🇷📈 BTC Trend Update July 12, 2025 – Riding the Bull Wave 📈🇧🇷
Bitcoin continues its upward march, currently trading around $117.6K, holding strong despite a minor intraday dip—yet maintaining a steady climb from yesterday’s close. This rally follows yesterday’s all-time high of roughly $118K+, fueled by:
Massive ETF inflows (~$1.2B on July 10), pushing BTC past $118K.
A strong short squeeze (~$570M–$1B liquidated), lifting momentum.
Institutional adoption and supportive regulatory developments (Crypto Week, Clarity Act, Genius Act, Anti-CBDC Act) providing macro tailwinds.
Technicals remain firmly bullish: BTC is trading above key EMAs (20/50/100/200), with charts showing a breakout pattern suggesting possible continuation toward $122K–$125K in the near term. Analysts predict short-term resistance at $120K, and if broken, next targets at $125K–$135K—some even projecting $150K+ by year-end.
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What this means for Binance users:
🔹 High volatility = opportunity. Today’s range (~$117K–$118.2K) suggests intraday traders can capitalize on quick momentum shifts.
🔹 Watch $120K key level. A clean break could open the door to fresh all‑time highs.
🔹 Macro flow matters. ETF inflows and legislative clarity remain major catalysts—stay tuned for updates on U.S. Crypto Week.
💬 Community Tip: If your strategy is swing‑focused, consider entering on a dip toward $114K–$116K, with profit targets near $122K–$125K.
Let’s keep the momentum rolling and watch the charts closely. Share your trade setups with BTC—we want to hear your insights!