according to the materials of the site - By Marketbit.io
In mid-July 2025, Bitcoin reached an important resistance level of $120,000, driven by high institutional demand and market trends influenced by the negotiations for the acquisition of Cantor Fitzgerald.
The rise in Bitcoin's price to an important mark indicates growing institutional activity, promising liquidity retention and potential attention from regulators.
Cantor Fitzgerald is negotiating to purchase 30,000 BTC from Blockstream for $3.5 billion. Institutional investors are closing bearish positions, indicating a shift to bullish strategies.
The trading volume of Bitcoin futures increased by 150%, while open interest rose by 6.9%, and short liquidations exceeded $468 million. This activity reflects high market confidence. Traders note that large wallets have stopped aggressive short selling. It is rumored that institutional investors are closing bearish bets and shifting focus to growth, likely targeting the next Fibonacci zones around $135-140k - BTC Futures Trader, data from Coinglass.
Institutional demand for BTC remains high, with inflows into spot ETFs at an all-time high. Funding rates are at moderate levels, indicating caution in using leverage.
Historically, key price levels such as $120,000 provoke volatility, often leading to corrections. Traders highlight the '108-day lag of M2 money supply' as a recurring liquidity pattern for assessing risks.
Bitcoin's behavior in the market suggests potential bullish prospects but requires caution due to historical volatility trends. Changes in regulation and technology remain critically important for future market conditions.
$XRP , $BNB , $SOL
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