*$BTC
### **📊 Latest Figures:**
- Bitcoin price reached **$123,218** on July 14, currently trading above **$121,000** with a monthly increase of **13%**.
- **Price Discovery Phase Continues** despite significant rises, indicating potential for additional gains.
### **⚖️ Structural Imbalance in Supply and Demand Supports Upward Movement:**
- **Daily Inflows to ETFs**: **+$1.18 billion** (total inflows exceeded **$50 billion**).
- **Institutional buying outpaces new supply**:
- **10,000 Bitcoins** purchased daily by institutions.
- **Only 450 Bitcoins** is the new daily supply (severe supply shortage).
- **Positive Regulatory Developments**:
- Passage of the **GENIUS** law.
- Report **"Task Force on Digital Assets"** coming soon (may boost market confidence).
--- #USCryptoWeek
### **📈 Technical Confirmation: Indicators Suggest Continued Upside**
- **MACD Indicator**: Bullish accuracy **54.2%** (strong buy signals).
- **RSI Indicator**: **100% Accuracy** despite overbought conditions, indicating strong momentum.
- **Upward Channel**: targeting **$125,000** as the next resistance.
- **Borrowing to Selling Ratio (USDT)**: **0.44**, indicating opportunities for profit-taking while maintaining a bullish trend.
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### **💡 Trading Strategy:**
1. **Key Levels**:
- **Strong Resistance**: **$125,000** (monitoring price reaction at this level).
- **Support**: **$118,000 - $120,000** (potential buying zone in case of correction).
2. **Short-term Volatility**:
- We may see some corrections, but the overall momentum is **bullish**.
3. **Market Sentiment**:
- **Very Positive** with continued institutional adoption, which could drive prices to **new all-time highs**.
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### **🎯 Summary:**
- **Overall Trend is Bullish** with strong support from **institutions, liquidity, and regulations**.
- **$125,000** is the near target, with potential to exceed it if inflows continue.
- **Prepared for Volatility**, but focusing on the **big picture** (demand significantly outstrips supply).
**📌 Stay tuned for updates.. Bitcoin is writing a new chapter in financial history!**