🚀#bitcoin Enters Bull Phase!

BTC is currently trading at ~$118.7 K and holding above key technical levels, fueled by spot ETF inflows, rising institutional adoption, and clearer regulatory frameworks.

Mid-July surge broke through $123 K ATH, sparking optimism and fresh momentum.

📌 Technical Chart Update

The breakout from a symmetrical triangle targets $119–122 K next.

Key resistance: $122–123 K, then $130 K if breakout sustains.

If BTC fails to hold, levels $116 K and $114.3 K stand as strong supports.

📈 Technical Outlook & Price Targets

BTC appears to have broken out from a symmetrical triangle, eyeing short-term targets near $119.5K–$122K, with stronger resistance at $130K .

A failure to continue upward could retest supports around $116K–$114.3K, which remain strong demand zones .

Historical data shows July tends to deliver strong gains (averaging +7–8%) in bull years—2025 is following a similar seasonal pattern