#BTC☀ Bitcoin price surges after Trump assassination

Breaking through key resistance levels. Currently, BTC is trading at around $61,466.9, showing a clear upward trend.

On July 12, a massive inflow of $3.1 billion into the US Bitcoin spot ETF indicated that investors are confident of a short-term bottom. The inflow of funds is a bullish signal that could drive a rebound and boost the broader cryptocurrency market.

On-chain data shows that Bitcoin whales have accumulated a large amount of holdings, and their holdings have increased by 71,000 BTC, further supporting the bullish outlook.

BTC will consolidate slightly in the morning, and if the price breaks through 61,780 and the volume is strong, consider entering a long position. The target price is 62,500-63000, and the stop loss price is 61100,

If the price fails to maintain above 61,150, enter a short position. The target price is $59,500, and the stop loss is set above $61,800.

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