📈 Bitcoin Update – July 22, 2025

As of 12:47 PM UTC today, Binance reports $BTC Bitcoin trading around $119,026, reflecting a modest +0.012% change, with a trading range between $BTC $116,751 and $119,408.

Bitcoin’s latest price action shows a consolidation phase, hovering above $118K–$119K without major swings. Over the trailing 24 hours, price briefly dipped below $118K—around $117,854 per #BinanceHODLerC CryptoNews—before stabilizing near current levels .

This tightening range suggests a balancing act between profit-taking by short-term retail traders and institutional accumulation. Indeed, CryptoPotato reports that while retail investors are exiting, whales seem quietly building positions on Binance.

ETF flows/Downtime: Bloomberg and Indian Express reported fresh outflows from #BTCvsETH Bitcoin ETFs, while traders await Fed Chair Powell’s commentary.

Macro watch: Fed’s pause signals point toward unchanged policy, keeping crypto traders on edge.

$ALT Altcoin rotation: With altcoins surging (Solana, Cardano, etc.), capital is shifting from BTC dominance (~65% to ~61%), indicating growing appetite elsewhere.

The consensus view shows Bitcoin contained in a narrow compression pattern between a rising support around $116K and descending resistance near $119K, pointing to a potential breakout soon .

Catalysts to monitor:

1. Fed signals—Powell’s speech could spark volatility.

2. ETF flows—continued outflows or inflows will shape near-term bias.

3. Altcoin trends—if altcoin momentum persists, BTC dominance could ebb further.

Analysis of Today’s BTC Chart:

Tightening triangle pattern typical of consolidation before a breakout.

Support around $116K has held firm throughout the day.

Resistance near $119K creates a ceiling—failure to break higher may prompt a downward test.

Volume patterns show muted activity, but retail inflows rising on Binance suggest accumulation.

#BTC走势分析

#CryptoMarket4T

#BinanceHODLerC