💥 $BTC Update — July 21, 2025

Price: Currently trading around

$117,375 (down ~1% from yesterday’s $118,500–$119,500 range).

High today: $119,524

Low today: $116,776

🔍 After briefly surging to a record $123K during last week’s regulatory-fueled rally, BTC pulled back to its $118K support level—now testing the $116K–$117K zone again. Technical charts show a bullish pennant/triangle forming, and a breakout above $119K–$120K could trigger a fresh push toward $122K–$124K.

🏛️ On-chain and macro catalysts:

The Genius Act and Clarity Act are drawing more institutional investment and lending clarity to stablecoins

The US government’s Strategic Bitcoin Reserve and ETF inflows (over $50B in 2025) are further strengthening the momentum

> 🧭 What to watch next:

A confirmed close above $119K–$120K may open the door to $125K–$128K

A drop below $116K could signal a deeper pullback toward $114K–$112K

> ✅ Tip for traders: Use $116K–$118K as a key risk zone. Buy-the-dip near these levels, and watch breakout moves above $119K for entry confirmation.

> What’s your take—bullish breakout ahead or range-bound consolidation? 🔁 Drop your BTC target below!