Bitcoin Market Update – July 29, 2025

The BTC market continues to showcase volatility. In the last 24 hours, Bitcoin dropped to a low of $117,602.72 before rebounding strongly towards $118,800. The price remains below the key resistance of $119,530.28, hinting at potential consolidation or a breakout move soon.

Over the past week, BTC fluctuated between $115,334.71 and $120,041.68, with buyers stepping in near the lower levels to support recovery. Trading volume shows increased activity during price dips, signaling accumulation by market participants.

🔹 Support: $117,600

🔹 Resistance: $119,500 – $120,000

🔹 Outlook: Watch for a breakout above $120K to confirm bullish momentum.

Are we preparing for the next big move?

Stay sharp!

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