$BTC Is Back at $120K+: The Bull Run Isn't Over Yet 🚀 Bitc
Xerathul Ventomortis
Updated at: 4 hours ago
{"content":"$BTC Is Back at $120K+: The Bull Run Isn't Over Yet 🚀
Bitcoin (BTC) has reclaimed the $120,000+ zone after a brief dip, signaling that the bulls are not done yet. As it continues to dominate headlines and investor portfolios, let’s explore the latest momentum behind Bitcoin’s rally and what it could mean next.
Market Momentum:
BTC's bounce back above $120K showcases strong buy-side demand after testing support around the $117K level, reflecting investor confidence.
Institutional flows are returning, with major funds and ETFs continuing to accumulate BTC as a hedge against macro uncertainty.
Technical Analysis:
BTC remains in a solid uptrend on the daily chart, with price action forming higher highs and higher lows.
Key support is now holding at $118,000, while resistance around $123,500 is being tested. RSI remains bullish but not overheated, suggesting potential for further gains.
Fundamental Factors:
Bitcoin’s hashrate is at all-time highs, signaling a secure and active network.
Spot Bitcoin ETFs are seeing net inflows again after a short cooldown, reigniting demand pressure.
Geopolitical and inflationary concerns are pushing more investors toward decentralized, non-sovereign assets like BTC.
Market Sentiment:
Sentiment across crypto communities is bullish, with increased optimism about Bitcoin leading a broader altcoin rally.
Fear & Greed Index is hovering in the “Greed” zone, but not yet in extreme territory — suggesting there’s still gas in the tank.
Conclusion:
Bitcoin’s return above $120K shows that the bulls remain firmly in control, fueled by strong fundamentals, technical resilience, and positive sentiment. While short-term volatility is always on the table, the broader outlook points toward continued strength as BTC eyes new all-time highs. 🚀
{future}(BTCUSDT)
#BinanceHODLerERA #PowellVsTrump #AltcoinSeasonLoading #BTCWhaleTracker #BTC120kVs125kToday ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/17/0730974669cc4eb89d1a24e8ddf6535e.png"],"tags":[],"tradingPairs":["ERA/USDT"],"quotearticleid":0}