$BTC

📈 BTC Market Pulse – July 2025 Update

▪️ Live Price: Currently at $117,924 (↗ +$332 today)

▪️ Intraday Range: $117,041 – $118,171

▪️ Support: $117,100 / $116,700 / $115,500 (confirmed by recent zones)

▪️ Resistance: Short-term at $118,400–$118,900; broader resistance sits at $125K–$134K based on technical projections

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🔥 Key Drivers Behind the Momentum

1. Institutional Inflows & ETF Adoption

Record-breaking ETF demand—over $1 billion inflows on consecutive days—driven almost entirely by institutions .

2. Short Squeeze Dynamics

Roughly $1 billion in short positions liquidated sparked a sharp upside move .

3. Macro Tailwinds

Weakening U.S. dollar (DXY below 98) is boosting crypto demand . Additionally, Trump-era policies like the strategic Bitcoin reserve and the passing of the GENIUS Act are spurring institutional confidence .

4. On‑chain Signals

Whale transactions and reduced retail frenzy suggest a market driven by big players, not hype .

5. Technical Pattern Outlook

Cup‑and‑handle breakout supports upside targets near $134K .

Log-scale resistance hints at long-term ceilings near **$220K+** .