$BTC Update: Navigating Key Levels 🚀📊

As of July 8, 2025, Bitcoin (BTC) is trading at ~$108,853 USD, with a 24-hour trading volume of ~$45.73B USD. Despite a slight -0.6% dip in the last 24 hours, BTC remains resilient, showing a +1.5% gain over the past week. 📈

Key Levels to Watch:

🔹 Support Zone: $106,800-$105,820 – Strong bid depth observed, indicating buyer interest.

🔹 Resistance: $108,800 – Repeated rejections suggest sellers are active here.

🔹 Pivot Point: $105K – A break above with demand could signal bullish momentum, while a drop below may test lower supports.

Market Insights:

- Institutional interest remains high, with public companies acquiring 245,510 BTC in H1 2025, outpacing ETF inflows. 🏦

- Recent whale activity and a spike in Coin Days Destroyed hint at potential volatility. Stay cautious! ⚠️

- Sentiment on X is mixed: 49% bullish vs. 10.83% bearish, with #BTC ranked No.1 in social mentions.

With the market showing signs of consolidation, will bulls defend the $105K support, or are we headed for a deeper correction? Share your thoughts! 👇 #Bitcoin #CryptoUpdate #BinanceSquare