Is BTC Moving Up or Down?
Short‑term (days to a week)
Bitcoin has seen modest gains recently—up roughly 0.4% in the past 24 hours, while showing a mild **weekly decline of about 0.2%** .
Price recently dipped below $118,300 amid cautious sentiment on upcoming U.S. Federal Reserve policy and a White House crypto report .
Medium to long term
BTC continues to trade near all‑time highs (around $120K–$123K), with new highs recorded earlier in July .
Institutional interest remains robust: $38 billion has flowed into spot Bitcoin ETFs this year, fueling bullish momentum .