๐ #BTC Market Update โ 16 July 2025
๐ฐ Current Price: **$119,121**
๐ 24h Change: **+2,143 USD (+1.83%)**
๐ Dayโs Low: $115,930
๐ Dayโs High: $119,127
๐ฆ ETF Inflows: $14.8 Billion
๐ Trend: Bullish momentum continuing from ETF boost and regulatory news.
๐ Key Levels:
โก๏ธ Resistance: $118.2K โ $120.5K โ $123K
โก๏ธ Support: $116K โ $115K โ $112.5K
๐น๏ธ Short-Term Strategy:
โ Bullish above $118.2K (target: $120Kโ$125K)
โ ๏ธ Bearish below $116K (possible dip to $112.5K)
๐ Analysis:
- Institutional buyers are dominating with ETF-driven demand.
- Consolidation between $115Kโ$120K could lead to next breakout.
- Year-end projections: $145Kโ$200K if trend continues.
