🧭 Bitcoin Outlook – Mid‑July 2025: Eyes on the $110K Line
⸻
📊 Current Price Action & Technical Setup
• BTC is hovering between $108K–$109K, facing strong resistance near $110K–$110.5K .
• Support zones lie at $104.5K–$105.5K, with a second line at $103.7K–$104K ().
⸻
🔼 Bull Case
If BTC breaks convincingly above $110.5K, short-term targets include $112.4K then $115K, possibly leading to $120–$125K .
• Fundamental boost from ETF inflows, post-halving cycle dynamics, and macro momentum suggest upside .
⸻
🔽 Bear Case
A drop below $104.5K–$105.5K—especially a close under $104K—could trigger a dip toward $99K–$100K, with downside risk extending to $92K if broader weakness emerges .
⸻
💡 My Trade Gameplan
• Lean long: scale into longs between $105K–$108K, keeping stop-losses below $104K.
• Take partial profits near $112K–$115K if momentum holds.
• For aggressive traders: consider a short under $104K, with stop-loss above $105.5K.
• Key action point: wait for confirmed breakout above $110.5K before expanding exposure.
⸻
🧠 TL;DR
• Bull trigger: Sustained move above $110.5K → next stops: $112–$115K (short-term), $120K+ (mid-term).
• Bear trigger: Breakdown under $104–$104.5K → watch for drop into $99–$100K zone.
• My stance: Long with tight risk, scaling smart. Short possible if key support fails.
