📊 #BTC Market Update – August 1, 2025

💰 Current Price: Around $115,600 — down ~2% today

🔻 Support Zone: $115,000 – $116,000

🚀 Resistance Level: $120,000 → breakout above this could trigger a rally

📉 What’s happening in the market?

Global economic uncertainty and new U.S. tariffs are putting pressure on crypto prices.

Still, BTC just recorded its highest-ever monthly close ($115.8K) — a strong bullish indicator.

✅ Positive signs:

Institutional investors are still bullish: spot ETF inflows and major BTC fund activity

Whales continue accumulating between $118K–$120K zones

⚠️ Caution:

A drop below $116K could drag BTC down to the $110K range

A daily close above $120K could push BTC toward the $123K level

🧠 My Take:

BTC is at a critical decision point. Holding above $116K may lead to a breakout, while dropping below could trigger further correction. For long-term holders, this might be a good accumulation opportunity.

📌 What’s your move — buying the dip or waiting for a breakout above $120K? Comment below!

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