Bitcoin ($BTC ) Update – July 22, 2025
#BTC is trading around $118,972, slightly up today. It recently hit highs above $123K but saw a pullback due to ETF outflows and profit booking. Regulatory clarity in the U.S. and institutional buying (like Trump Media’s $2B BTC buy) are supporting long-term bullish sentiment. Key support lies near $116K, resistance at $120K–123K. Volatility expected around upcoming Fed announcements.