$BTC Bitcoin Hits Record High in Fiscal Year 2025

Simple Analysis & Key Takeaways

📈 Current Price: $117,973.17

- 24h Change: +0.17% (steady upward trend).

- All-Time High (FY2025): $118,080 (reached today).

🔥 Market Highlights:

1. Bullish Momentum:

- Price consistently above key EMAs (7-day: $117,927, 25-day: $117,852).

- 71.37% of trades are buy orders, signaling strong demand.

2. 24h Volatility:

- High: $118,080 | Low: $116,900 (narrow range = stability).

- Volume: 799.88M USDT (high liquidity).

📊 Technical Indicators:

- RSI: Near 94% → overbought (caution advised).

- Quarterly Growth: +39.23% (90-day performance).

- Yearly Surge: +94.19% (since July 2024).

💡 Why This Matters:

- New FY2025 Peak: Broke $118K resistance briefly.

- **Market Sentiment**: Dominated by buyers (order book shows 71% ask pressure).

- Binance Data: Consolidation near highs suggests potential breakout if momentum holds.

⚠️ Watch For

- Profit-taking near RSI extremes.

- Key support: $117,560 (today’s low).

Image shows real-time Binance data (July 13, 2025). BTC’s resilience reflects institutional adoption and macro tailwinds.🚀