Do you think I'm joking ???As I said, Bitcoin broke the triangle, and now with a slight price correction(109k), it could surge to $150k , and you still think I'm joking!!
Previous analysis
Btc-bitcoin
BITCOIN's Situation (1h) !!!The price is within an ascending triangle, which could be encouraging. However, since crypto doesn't always follow patterns, it might break down from below and correct to around $116K!
Best regards CobraVanguard.💚
BitcoinBitcoin/TetherUS (BTC/USDT) Trading Analysis - Jul 15, 2025
Key Observations:
Price Movement:
Current Price: $117,692.46
24h Change: -2,148.72 (-1.79%)
Range: Low of $116,250.00 to High of $119,940.83
The price is currently near the lower end of the day's range, indicating bearish pressure.
Support and Resistance:
Support Levels:
Strong Support: $112,000.00 (marked as S/L)
Intermediate Support: $113,500.00 and $110,000.00
Resistance Levels:
Immediate Resistance: $119,900.00
Higher Resistance: $120,000.00 and $122,500.00
Profit Levels:
The "Profit" section lists potential take-profit targets, with the highest at $135,000.00.
The price has recently dipped below the $120,000.00 psychological level, suggesting weakening bullish momentum.
Trend Context:
The chart spans from June to September, but the current price action (July) shows consolidation after a potential pullback from higher levels.
The presence of multiple support levels ($112K–$116K) suggests a critical zone for buyers to defend.
Actionable Insights:
Bearish Short-Term: The price is below key levels ($119,900–$120,000) and has broken below $118,250.00. A retest of support at $112,000.00 is plausible.
Bullish Reversal Signal: If BTC holds above $112,000.00 and reclaims $120,000.00, it could target $122,500.00 or higher.
Risk Management: A break below $112,000.00 (S/L) may trigger further downside toward $110,000.00 or lower.
Conclusion:
The market is currently in a corrective phase. Traders should monitor the $112,000.00 support for potential reversals or breakdowns. A close above $120,000.00 would shift bias to bullish.
#BTC Update #13 – Aug 01, 2025#BTC Update #13 – Aug 01, 2025
Bitcoin has approached the lower edge of its current channel and received a reaction from there. However, in the current timeframe, the ongoing candle seems willing to pull back again. The MA200 band held the previous candle well, which also represented the bottom of the current channel. There is high liquidity between the $113,200 and $121,000 zones. I believe Bitcoin will continue to move by sweeping through this region. Therefore, I think Bitcoin’s current target is to reach around the $118,000 level with a 3% push move.
If Bitcoin does not make this move and chooses to pull back instead, it may go as far as filling the imbalance at the $110,000 level. The last impulsive move was made around 20 days ago, and since then, the chart has been progressing with a correction of a correction. As long as there’s no close below $107,500, the uptrend will remain intact in the long term. However, if the $107,500 level is broken with a strong candle, we can say that Bitcoin has turned bearish on the 4-hour timeframe. For now, this doesn’t seem very likely. I believe Bitcoin’s next move will target the $118,000 region, continuing to clear out the liquidity accumulating in the upper ranges. However, this channel will need to break at some point.
Strategy Hit SupportMSTR should easily hold $246 and make its way back up to $418 and form it's next support there.
Good luck!
Bitcoin held the $115k level ┆ HolderStatBINANCE:BTCUSDT is currently in a triangle formation just above key support near 112,000. The price recently dipped below short-term support, likely triggering stop-losses, but still holds inside a bullish structure. If momentum builds, a push toward 125,000+ is likely. The trend remains intact above 110,000.
Chart Patterns - How to read them like a ProChart patterns are visual formations on price charts that help traders anticipate potential market movements.
These patterns fall into three main categories: bullish , bearish , and indecisive .
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1. Bullish Chart Patterns
Bullish patterns often signal that price is likely to move upward.
1.1 Bull Flag
* What it looks like: A sharp upward move followed by a small downward-sloping rectangle (the flag).
* Meaning: After a strong rally, the price consolidates briefly before continuing higher.
* Key insight: A breakout above the flag typically signals a continuation of the trend.
1.2 Pennant (Bullish)
* What it looks like: A strong upward move followed by a small symmetrical triangle.
* Meaning: Similar to the bull flag, but the consolidation takes a triangular form.
* Key insight: Once price breaks above the pennant, the uptrend often resumes.
1.3 Cup & Handle
* What it looks like: A “U”-shaped curve (the cup) followed by a small downward drift (the handle).
* Meaning: This pattern suggests a period of accumulation before price breaks higher.
* Key insight: A breakout above the handle signals the beginning of a new bullish leg.
1.4 Inverse Head & Shoulders
* What it looks like: Three low points, with the middle low being the deepest.
* Meaning: This reversal pattern appears after a downtrend and signals a potential change to an uptrend.
* Key insight: A breakout above the “neckline” confirms the reversal.
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2. Indecisive Chart Patterns
These patterns show market hesitation, where neither bulls nor bears are clearly in control.
2.1 Consolidation Channel
* What it looks like: Price moves within a horizontal channel.
* Meaning: Market is moving sideways with no strong trend.
* Key insight: A breakout in either direction often leads to a significant move.
2.2 Symmetrical Triangle
* What it looks like: Two converging trend lines forming a triangle.
* Meaning: This is a neutral pattern that can break out in either direction.
* Key insight: Traders wait for a breakout before taking a position.
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3. Bearish Chart Patterns
Bearish patterns signal a high probability of downward price movement.
3.1 Bear Flag
* What it looks like: A sharp decline followed by a small upward-sloping rectangle.
* Meaning: After a strong drop, price consolidates before continuing lower.
* Key insight: A breakout below the flag suggests a continuation of the downtrend.
3.2 Pennant (Bearish)
* What it looks like: A sharp downward move followed by a small symmetrical triangle.
* Meaning: Similar to the bear flag, but the consolidation takes a triangular form.
* Key insight: A breakout downward typically resumes the bearish trend.
3.3 Inverse Cup & Handle
* What it looks like: An upside-down cup with a small upward drift forming the handle.
* Meaning: Indicates weakness after an uptrend, often followed by a drop.
* Key insight: A break below the handle usually signals a strong bearish move.
3.4 Head & Shoulders
* What it looks like: Three peaks, with the middle one being the highest.
* Meaning: A classic reversal pattern that indicates a potential shift from an uptrend to a downtrend.
* Key insight: A break below the “neckline” confirms the bearish reversal.
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How to Use These Patterns
* Combine pattern recognition with support/resistance, volume, and indicators for stronger confirmation.
* Always wait for breakouts and avoid acting too early.
* Manage risk with stop-loss orders.
Dash RocketDash has been in a bearish trend for some time now, but it has stood the test of time being one of the OG coins of the market with this double bottom within this descending channel on the daily and a retest of demand I believe this coin will see $50 soon.
It’s master node runners and minors have kept the chain going, and we should be breaking its bearishness very soon.
BTCUSDT | Bitcoin needs liquidity to be able to go up more🚀 Trade Setup Details:
🕯 #BTC/USDT 🔽 Sell | Short 🔽
⌛️ TimeFrame: 1H
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🛡 Risk Management:
🛡 If Your Account Balance: $1000
🛡 If Your Loss-Limit: 1%
🛡 Then Your Signal Margin: $1204.82
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☄️ En1: 118829.28 (Amount: $120.48)
☄️ En2: 119162.54 (Amount: $421.69)
☄️ En3: 119400.34 (Amount: $542.17)
☄️ En4: 119638.61 (Amount: $120.48)
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☄️ If All Entries Are Activated, Then:
☄️ Average.En: 119283.83 ($1204.82)
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☑️ TP1: 118025.43 (+1.05%) (RR:1.27)
☑️ TP2: 117427.5 (+1.56%) (RR:1.88)
☑️ TP3: 116671.89 (+2.19%) (RR:2.64)
☑️ TP4: 115717.73 (+2.99%) (RR:3.6)
☑️ TP5: 114673.35 (+3.87%) (RR:4.66)
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❌ SL: 120276.34 (-0.83%) (-$10)
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💯 Maximum.Lev: 66X
⌛️ Trading Type: Swing Trading
‼️ Signal Risk: ⚠️ High-Risk! ⚠️
🔎 Technical Analysis Breakdown:
This technical analysis is based on Price Action, Elliott waves, SMC (Smart Money Concepts), and ICT (Inner Circle Trader) concepts. All entry points, Target Points, and Stop Losses are calculated using professional mathematical formulas. As a result, you can have an optimal trade setup based on great risk management.
⚠️ Disclaimer:
Trading involves significant risk, and past performance does not guarantee future results. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and trade responsibly.
💡 Stay Updated:
Like this technical analysis? Follow me for more in-depth insights, technical setups, and market updates. Let's trade smarter together!
Major test for crypto bulls - BTC and ETH Bitcoin has dipped below $118,000, putting pressure on the bullish structure that’s held for the past two weeks.
The attempted breakout above $121,000 has failed, and price is now breaking down through the middle of the consolidation range, threatening short-term higher lows. On the 4H chart, this move resembles a failed breakout with a potential double-top near $121,000.
If Bitcoin can’t reclaim $116,000 quickly, the next downside levels to watch are $114,000 and $110,000.
Ethereum, meanwhile, has stalled just below $3,800 after a strong rally this month. Price action has flattened out over the past few days, with several failed attempts to push through that level. The key upside trigger remains $4,000.
But if $3,700 gives way, ETH may slide back to the $3,450–$3,300 region, where previous resistance and the rising trendline converge.
BTC 4H – Retest Holding, But Golden Pocket BelowBitcoin’s 4H chart is at a key decision point. After a strong breakout in early July, price has been consolidating just above the prior resistance zone — now acting as support. This white box represents a major reclaim level that has held multiple times, but buyers are starting to look fatigued.
Below this support lies a clean Fibonacci retracement zone:
0.5 at 110,971
0.618 (Golden Pocket) at 108,072
0.786 deeper pullback at 103,945
The structure remains intact for now, but a loss of the current level could trigger a deeper sweep into one of these fib levels — especially with momentum (Stoch RSI) resetting from oversold.
A potential bounce here keeps the uptrend alive. However, if the zone breaks, the .618 area may be the magnet.
📊 Watching for:
Strong reaction or absorption at this support
Bullish divergence forming
Sweep into golden pocket followed by reversal structure
This setup blends price action, key S/R levels, and Fib confluence — a great chart for anticipating the next move, not reacting to the last one.
3 Bitcoin Tops, Weak Green Candles, and What’s Next? If you're closely monitoring the Bitcoin (BTC) market, patterns often begin to reveal themselves in surprising ways. In the attached chart, I’ve highlighted three major local tops that Bitcoin has made, each marked by a weak green daily candle. What’s even more striking is what comes next: a dramatic increase in trading volume, followed by steep corrections.
Spotting the Pattern: Weak Green, Heavy Volume
At each pointed top (see red arrows), BTC formed an all-time high (ATH) with a relatively weak green candle, hardly the sign of euphoric buying strength.
Look closely at the volume bars below (blue arrows). Each time, as price struggled to push higher, volume surged after the top, often a signal of major sellers stepping in or longs closing en masse.
What followed? Significant corrections: -13.6%, -29.2%, and, now it might be shaping up for another potential drop (-24.1%) if history rhymes.
Why Does This Matter?
From a technical analysis perspective, volume is the fuel behind price moves. When a new high is reached with limp buying (weak green candles) but is swiftly met with rising volume on the way down, it’s a classic sign of distribution, a strong hand selling into retail euphoria.
Is Another Drop Coming?
Given the consistency in behavior, it’s not unreasonable to ask: are we about to witness another similar correction now that BTC has again hit a top with a weak green candle and volume is ticking up? The historical evidence certainly makes it plausible.
Long-Term Perspective: Still Bullish
Despite these corrections, my long-term outlook remains bullish. Every cycle has corrections, they’re opportunities for healthy consolidation, allowing strong hands to accumulate and the market to reset for its next leg higher.
*not investment advice
#crypto #btc #bitcoin #finance #trading
White House Crypto Report Incoming: Will BTC Pump from Support? One of the important news for Bitcoin ( BINANCE:BTCUSDT ) that was released today was that " White House confirms first Bitcoin and crypto report will be released TOMORROW ". Bitcoin is likely to rise with the release of the White House report .
What do you think? At least a temporary pump may be in store for Bitcoin.
Bitcoin fell to the Support zone($116,900-$115,730) and filled the New CME Gap( $119,500-$118,295) as I expected in the previous idea .
Bitcoin is currently moving near the Support zone($116,900-$115,730) , Cumulative Long Liquidation Leverage($116,828-$115,710) and Potential Reversal Zone(PRZ) .
I expect Bitcoin to rise from the Support zone($116,900-$115,730) to at least $118,680(First Taregt) .
Second target: Upper line of the descending channel
Note: Stop Loss: $114,680 = Worst Stop Loss(SL)
CME Gap: $115,060-$114,947
Cumulative Short Liquidation Leverage: $118,827-$118,298
Cumulative Short Liquidation Leverage: $120,144-$119,200
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC - Bulls vs Bears: who will win?Market Context
Bitcoin is trading in a tight consolidation just below its all-time high after a strong impulsive rally. This phase represents a balance of power between buyers and sellers, with neither side able to take control yet. Such a pause in momentum at this key level often builds pressure for a breakout move as liquidity pools accumulate above and below the range.
Consolidation Phase
The current range is clearly defined by a resistance area at the top and a support area at the bottom. Price has been oscillating within these boundaries without any sustained breakout attempts. This range-bound behavior is an essential part of the market cycle, as it allows larger players to build or distribute positions. The longer price stays in this box, the more significant the breakout that follows tends to be.
Bullish Breakout Scenario
If price breaks out decisively above resistance, it would indicate buyers have absorbed all the supply at these levels. Such a breakout opens the path to a new all-time high and could potentially extend far beyond as trapped shorts are forced to cover. For traders, a retest of the breakout level on lower timeframes could provide a low-risk entry point for continuation to the upside.
Bearish Breakout Scenario
On the flip side, if support fails, the market will likely gravitate toward the unfilled Fair Value Gap left behind during the previous rally. This inefficiency becomes a natural draw for price, offering a logical downside target for a corrective move. A clean break below the range followed by a retest from underneath could present shorting opportunities for those aiming to capture that move into the FVG.
Final Words
Patience and precision are key when dealing with setups like this. Let the market come to your level — and react with intent.
If you found this breakdown helpful, a like is much appreciated! Let me know in the comments what you think or if you’re watching the same zones.
BTC highs in, new lows coming soon?~$122.5k was the top of the range. Now we'll need to go test the lows before we can continue higher.
Alts are clearly not confirming a trend change .
Many still bearish on HTFs (including ETH), I think the reason is because Bitcoin goes lower before we see a continued run and that will drag down alts with it. I think people holding alts here with hopes for new highs (in the near future) are about to have their hopes crushed, that also goes for people long crypto miners.
I don't think the real run starts until end of 2025 or 2026.
Time will tell.
Bitcoin Rejected Near $120K – Bears Wake Up!First of all, I have to say that Bitcoin’s movements over the last 12 days have been a bit difficult to trade , generally, the hardest market to make a profit in is the range market with a swing movement .
Bitcoin( BINANCE:BTCUSDT ) is currently trading near the Resistance zone($121,000-$119,500) , Cumulative Short Liquidation Leverage($121,336-$120,000) , and the upper line of the descending channel .
Since Bitcoin has lost support lines , we can consider this increase in Bitcoin over the last two days as a pullback to the support lines(broken) . Do you agree with me!?
In terms of Elliott Wave theory , it appears that Bitcoin is still completing the main wave B. The main wave B is a Regular Flat(ABC/3-3-5) . The structure of the microwave B of the main wave B was a Double Three Correction(WXY) .
Additionally, the SPX 500 index ( SP:SPX ), which Bitcoin is correlated with , is poised for a correction in my opinion, which could also impact Bitcoin .
Also, unlike previous Mondays, MicroStrategy has NOT purchased Bitcoin , and the company currently holds 607,770 BTC .
Old Bitcoin wallets also seem to be waking up to the fact that they can create movements in the crypto market . " In recent days, 471,867.8 BTC worth $56.39 million have been transferred from old wallets from 2012 to 2017 . ".
I expect Bitcoin to decline to at least the Support zone($116,900-$115,730) and fill the CME Gaps in the coming hours .
New CME Gap: $119,500-$118,295
CME Gap: $115,060-$114,947
Cumulative Long Liquidation Leverage: $117,401-$116,615
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is testing the boundaries of the triangle ┆ HolderStatBINANCE:BTCUSDT is printing higher lows along trendline support near $67,800. The price is compressing into a wedge below $69,000 resistance. A breakout would confirm continuation toward $71,000–$72,000. Momentum remains intact unless $67.5k is broken. The market is building pressure for the next impulsive move.
BITCOIN PREDICTION - MASSIVE CANDLE INCOMING!!! (WARNING) Watch this Bitcoin Prediction video now, you will love it!
Yello, Paradisers! Big warning sign: #Bitcoin is about to liquidate more traders soon if we get these confirmations that I'm sharing with you in this video. Loads of people will get wrecked again. Be careful not to get trapped into fakeouts.
In this video, I'm describing exactly what I'm seeing on Bitcoin, what patterns I'm waiting to form, and what confirmations I want to see before being able to say with 100% accuracy guaranteed that MARKETSCOM:BITCOIN is moving in that direction.
I'm sharing with you all the important targets and also how professional trading works: how risk-reward proper ratio trading works, and how high-probability trading depends a lot on how you choose to create your trades.
Watch this Bitcoin prediction to understand what I'm seeing right now on the chart and how I'm acting and making my decisions.
BITCOIN PREDICTION: HUGE BREAKOUT SOON!! (watch this level) Yello Paradisers! I'm sharing with you multi-timeframe analysis on Bitcoin, levels to watch out for, confirmations we are waiting for, and everything needed for successful professional trading that is being profitable in the long run.
I'm sharing with you zig-zag from the Elliot Wave pattern formation. I'm also sharing a possible impulse we are going through, a head and shoulders pattern and its target, and the next major resistance and support levels.
I'm sharing with you a contracting triangle setup and how to trade it, along with an ending diagonal setup and how to trade it. Watch out for confirmations and how the price is developing based on what I have been talking about in this video, then trade it as a professional trader should.
Make sure that you have a great risk management, trading strategy, and tactic for entering the trades. I have explained some tactics that I'm watching for in this video, but make sure that all these tactics are well within your larger trading strategy and that you're approaching the market professionally. Don't try to get rich quick.
Make sure that you are focusing on long-term profitability and survival. This is the only way you can make it in crypto trading!
Bitcoin Correction Maturing – Long Setup Brewing!Bitcoin ( BINANCE:BTCUSDT ) has fallen by more than -4% over the past day.
Let's take a look at the reasons for the decline.
One of the key reasons behind Bitcoin’s decline in the past 24 hours ( July 25 ) could be the reduced likelihood of Jerome Powell being replaced as Chair of the Federal Reserve.
In recent days, market participants were speculating that Donald Trump might replace Powell — a scenario that was considered bullish for risk assets like Bitcoin. However, recent reports of a meeting between Trump and Powell, and signs that Powell might not be dismissed, have weakened this fundamental narrative.
This meeting may signal a truce or reduced tension between Trump’s team and Powell , which could imply a continuation of current Fed policies. That’s bad news for Bitcoin, as it removes a potential psychological tailwind from the market and dampens speculative sentiment.
As a result:
Over $500 million in liquidations(Long Positions) occurred
Weak inflows into Bitcoin ETFs
A stronger U.S. Dollar Index ( TVC:DXY )
And declining Gold( OANDA:XAUUSD ) prices over the past two days
all added additional selling pressure on BTC. Now let's take a look at Bitcoin's conditions on the 4-hour time frame .
Bitcoin currently appears to have broken the Support zone($116,900-$115,730) , Support lines , 100_SMA(4-hour TF) , and the lower line of the Symmetrical Triangle Pattern with a bearish Marubozu candle .
Note : In general, trading was difficult when Bitcoin was inside a symmetrical triangle (about 10 days).
It also seems that the pullback to these zones has ended and Bitcoin is waiting for the next decline .
In terms of Elliott Wave theory , Bitcoin appears to be completing microwave 5 of microwave C of major wave 4 . There is a possibility that main wave 4 will create a descending channel and complete at the bottom of the descending channel (at Potential Reversal Zone(PRZ) ).
I expect Bitcoin to start rising again after completing the CME Gap($115,060-$114,947) from Cumulative Long Liquidation Leverage($114,480-$114,000) or Cumulative Long Liquidation Leverage($113,284-$112,603) near the PRZ and Heavy Support zone($111,980-$105,820) .
Cumulative Short Liquidation Leverage: $117,904-$116,665
Cumulative Short Liquidation Leverage: $121,046-$119,761
Do you think Bitcoin has entered a major correction, or does it still have a chance to create a new ATH?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin - Will Bitcoin continue its upward trend?!Bitcoin is above the EMA50 and EMA200 on the four-hour timeframe and is in its medium-term ascending channel. Bitcoin’s current upward momentum has the potential to reach its previous ATH. If it corrects, you can look for Bitcoin buying opportunities from the identified support area, which is also at the intersection of the bottom of the ascending channel.
If this support is lost, the decline will continue to around $113,000, where you can again buy Bitcoin with a better risk-reward ratio.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market, and capital management will be more important in the cryptocurrency market. If the downward trend continues, we can buy within the demand range.
Last week, a group of U.S. senators released an initial draft of a new legislative proposal aimed at creating a clearer regulatory framework for the digital asset industry in the United States. The proposal builds on the recently passed CLARITY Act in the House of Representatives and focuses on strengthening market structure, enhancing consumer protection, and expanding regulatory oversight.
According to the senators, the bill addresses key areas such as banking, disclosure requirements, securities classification, and measures to combat illicit financial activity.Senator Lummis, in highlighting the proposal, stressed the urgent need for legal clarity to support the growth of this emerging industry within the U.S. The legislation aims to facilitate the integration of digital assets into banking services and would allow financial holding companies to provide services based on such assets.
The draft also includes measures aimed at preventing illegal financial activities, such as improving regulatory standards and boosting inter-agency cooperation to identify and block misuse of digital assets.
In addition, the senators have issued a “Request for Information” (RFI) to support the legislative process and have invited the public to share their opinions on more than 35 related topics, encouraging broader engagement in shaping the bill.
Meanwhile, in Asia, Japan-based firm Metaplanet announced that it has added 780 BTC worth $93 million to its digital holdings. This acquisition brings the company’s total Bitcoin reserves to 17,132 BTC, valued at roughly $2 billion. Metaplanet is fast becoming one of the largest institutional Bitcoin treasuries in the region—potentially serving as a model for other firms across Asia.
At the same time, publicly traded U.S. companies have significantly ramped up their Bitcoin holdings. By the end of Q2 2025, these companies had accumulated nearly 900,000 BTC, marking a 35% increase over the previous quarter. This surge, driven primarily by firms such as MicroStrategy, has sent demand for Bitcoin soaring.
Some analysts believe that the $1.5 trillion in free cash flow held by companies within the S&P 500 index could spark a new wave of institutional Bitcoin buying.
Looking ahead, the upcoming week is packed with critical U.S. economic data. Alongside the Non-Farm Payroll (NFP) employment report and inflation metrics via the Personal Consumption Expenditures (PCE) index, the initial estimate for Gross Domestic Product (GDP) and various other indicators will be released—potentially offering a clearer picture of where the U.S. economy is heading.
The Federal Reserve remains primarily focused on inflation and labor market dynamics. June CPI data indicated signs of inflationary pressure caused by tariffs. If Thursday’s PCE report—particularly its core reading—confirms a similar trend, the Fed may decide against a rate cut in September. As a result, financial markets have priced in only about a 65% chance of a rate cut at that meeting.
BTC/USD Buy Setup (6H Chart)📈 BTC/USD Buy Setup (6H Chart)
Strategy: Trendline Support Bounce
🔹 Entry
Price: $118,674.3
Reason: Price is bouncing off a supportive trendline and holding above the 1st Support zone.
🔻 Stop Loss (SL)
Price: $114,470.6
Reason: Below the 1st Support zone to protect against breakdown.
🎯 Take Profit Targets
TP1: $123,269.6
Reason: Near recent swing high, good for partial profit.
TP2: $127,661.4
Reason: Next resistance zone, ideal for full exit or trailing stop.
#MJTrading
#Bitcoin
#BTC Update #10 – July 27, 2025#BTC Update #10 – July 27, 2025
Bitcoin continues to move between $116,400 and $118,900, and staying within this range is actually a positive sign, even in bearish scenarios. A decisive close below $114,000, however, could open the door for a deeper and more prolonged correction.
Although BTC hasn’t broken to new highs yet, its ability to hold here means the trend isn’t broken. A strong breakout above $118,900 could lead to a rally toward $123,300 and possibly even $128,000.
🔹 On the 4H chart, BTC seems to have completed its minor correction.
🔹 On the daily chart, the correction remains incomplete – despite dipping to $114,700, the key $112,900 zone hasn’t been tested.
In lower timeframes, BTC remains squeezed within a symmetrical triangle. While it occasionally pokes out, it quickly returns inside — showing indecision.
📌 Direction is unclear at the moment. There’s no strong signal for Long or Short. Waiting for confirmation with volume and a clear breakout is the safer play.
