$BTC #Bitcoin ($BTC) Update – 10 July 2025
Here’s a quick snapshot of the current state of Bitcoin:
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🟢 Price:
As of now, $BTC is trading around $111,500 (based on the latest available data).
The price is holding strong above the psychological $110K level.
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🔥 Key Highlights:
Bullish Momentum: BTC continues to show strength, fueled by institutional interest and ETF inflows.
Spot Bitcoin ETFs: Ongoing inflows into US spot ETFs are supporting the price action.
Macro Factors: Weakening USD and rate cut expectations by the Fed are driving more investors into crypto.
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🧠 Technical Levels to Watch:
Support: $108,000 and $105,500
Resistance: $114,000 and $120,000
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📊 Trend Summary:
Daily Trend: Bullish
RSI: ~65 (no signs of overbought yet)
200-Day MA: BTC trading well above it, confirming long-term uptrend
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