$BTC

Bitcoin's recent 7.8% decline over the past three weeks might be a precursor to a significant upward trajectory, potentially reaching $148,000 to $150,000. Analysts point to the 50-day exponential moving average (EMA) as a reliable support level, which Bitcoin has reclaimed after a brief dip. Historically, this level has sparked fresh rallies, with a 25% rebound observed in June. The current price action is forming an inverted head-and-shoulders pattern, a bullish reversal setup that targets a move toward $148,250.

*Key Support Levels:*

- *50-day EMA*: Currently around $113,000-$114,000, acting as a crucial support level

- *$110,000-$112,000 range*: Potential "perfect bottom" for Bitcoin, paving the way for the next upward movement

*Market Dynamics:*

- *Whale selloffs*: Indicate a natural market cooling phase, historically preceding upward momentum

- *Institutional interest*: Remains strong, with ETF inflows totaling $3.4 billion in July

- *Onchain data*: Suggests another major breakout on the horizon, following historical patterns of profit-taking and consolidation

*Expert Predictions:*

- *Pantera Capital*: Projects Bitcoin could reach $148,000 by July 2025

- *VanEck*: Medium-term price target of $325,000, based on historical trends

- *Anthony Scaramucci*: Predicts $170,000 in the 18 months post-halving¹ ² ³

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions and patterns are based on historical data and may not reflect future market movements.#ProjectCrypto #WhiteHouseDigitalAssetReport #BinanceHODLerTree #BTC突破7万大关 #BTC☀️