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📊 Daily BTC Market Update – July 12, 2025

Bitcoin just made history by hitting a fresh all-time high near $118,600! 🚀
Right now, it’s trading around $117,600, backed by strong ETF inflows and a clean technical breakout.

✅ Key Levels to Watch:
• Resistance: $118,600–$120,000 → A confirmed breakout here could target the next big zone around $134,000–$146,000.
• Support 1: $112,000 → This is the previous ATH area, likely to act as a strong demand zone.
• Support 2: $107,000–$108,000 → Critical pivot and close to the 50-day MA.
• Major demand zone: $100,000–$103,000 → Large on-chain buys and institutional interest.

📈 Technical Snapshot:
• Cup-and-handle breakout triggered a short squeeze and big momentum push.
• 4H MACD: Bullish momentum still building.
• Daily RSI: Not extremely overbought → leaves room for continuation.
• ETF inflows: Over $1.1 billion this week, showing strong institutional appetite.

🧠 My Personal Take:
Momentum looks solid, and if BTC can close above $120k, the next stop could be $134k+ in the coming days or weeks.
But if it slips below $112k, watch out for possible consolidation back toward $108k or even $103k.

💬 What do you think?
Will BTC break and hold above $120k and aim for $134k+, or do you expect a pullback first?
Drop your thoughts and trading plan below! 👇

#Bitcoin #MarketUpdate #TechnicalAnalysis #CryptoTrading

The #BTC chart shows a dramatic increase. We need a market correction so that after touching the order block, I will enter a short position.
#BTCBreaksATH #ETHBreaks3k #btc #BTC走势分析

I think i lost entry point