๐จ Bitcoin (BTC) Market Update โ 18 July 2025 ๐จ
๐ธ Price: $119,837
๐ธ 24h Change: +0.38%
๐ธ Daily Range: $117,715 โ $120,012
๐ธ Sentiment: Cautiously Bullish
๐ BTC is trading just under $120k after bouncing from the $118k support zone. A breakout above $120.5k could trigger a move toward $123k (recent high). If rejected, watch for dip buys near $116kโ$118k.
๐ก Trade Setup:
โข Support: $118k / $116k
โข Resistance: $120.5k / $123k
โข Strategy: Range-bound scalping or breakout buying above $120.5k
๐ Fundamentals:
โข BTC ETFs saw $50B+ inflows in 2025
โข U.S. Congress passed pro-crypto bills this week
โข On-chain metrics show whales accumulating
๐ง Long-Term View:
Structure remains bullish above $115k. Dips are being bought. Long-term holders can stay calm and HODL.
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