Bitcoin is currently located at $ 117,761, an increase of 8% this week in conjunction with the low performance of the US dollar currency (USD) and the closure of the Wall Street Journal of The Dollar – which follows the value of the US dollar compared to its major traditional price at 94.73 near its lowest levels, a decrease of 10.4% compared to its plastic boarder in 2022; This led – as a result – the transformation of investments to digital assets and investor efforts to find alternatives to traditional value stores.
And it appears The technical analysis indicators of the price of Bitcoin currency are strong Very, with the symmetrical triangle style and the FIBONACCI 0.382 and 0.5 correction levels, where the price currently oscillates in the large support area at $ 116,951. As for the price price of the price as part of 4 hours, the average simple movement index is located for 50 SMA-50 at $ 110,527 below the current price level, which supports the upward trend.
Reading momentum indicators also require optimism, with the RSI index (RSI) at 75.5. Although it is in a more purchase area, the indicator continues its emerging movement in accordance with the price of the price. Consequently, in the absence of lining trading candles or a drop in the volume of negotiation, the price should increase without significant resistance.
#Bitcoin Is just over $ 117,000 after an escape.
RSI at 75 shows a large momentum 0.5 FIB ($ 116,951) acting as a key support 50-SMA increasing to $ 110,527 Potential targets: $ 121.3K, $ 124.6K, $ 127.6K Watch the doji / rotation top near the resistance#BTC #Crypto #TraDingView pic.twitter.com/uscsogcidz – Arslan Ali (@Forex_erslan) July 12, 2025
Classified macroeconomic conditions: ambiguity in federal decisions and hopes raised on boxes circulating on the stock market (ETF)
With the acute division of officials of the Federal Reserve on interest rates and the conflict of expectations as to the value of the money in dollars, some prefer to wait, while others think that the risk of inflation requires a strict policy by the federally, and investors are more likely to reduce interest rates in July, which left confused merchants.
On the other hand, the situation seems clearer in the digital currency sector, with optimistic expectations concerning cryptographic ETFs, although the securities and exchanges committee (sec) has suspended its approval to create the digital fund of large capitalization of gray levels. Analysts suggest that more FNB will be launched jointly with the start of Bitcoin financial institutions as a digital organ, which improves the position of this currency as a means of going to bed against interest rates and geopolitical risks.
Meanwhile, Peter Schiff has published statements urging investors to sell bitcoin and buy money, but the market has ignored its warnings, because the BTC price increased by 6% after these declarations, and many investors cite significant institutional investments and technical analysis indicators calling for optimism as reasons of speculation at a high price.
Commercial strategy and risks worthy of surveillance
Looking at the positive price of the Bitcoin price, here is a high price speculation strategy:
- Entrance: During the drop to $ 116,950 corresponding to the Fibonacci 0.5 correction level
- Loss of stop: Less than $ 112,500 corresponding to the FIBONACCI 0.382 correction level
- Targeted levels: $ 121,378 (corresponding to the Fibonacci correction level 0.618), $ 124,682 and $ 127,681
These levels represent a convergence between the levels of fibonacci and the general management, and it is recommended to monitor the reflection of the direction – like the bright summit candles and the candles of Doji – at the levels of resistance. However, the risks still exist, with the possibility of publishing the report of the federal meeting on July 12 with serious price fluctuations if it indicates the adoption of a more difficult policy, and it is also likely that the customs of customs functions of the American government – in particular towards the BRICS, as that South Africa, will indirectly affect the general atmosphere of risk through the world prices.
In conclusion:
Given the success of the price of the Bitcoin currency by violating the level of the symmetrical triangle, the decrease in the value of the dollar and the increase in optimistic expectations concerning the boxes circulating on the stock market (ETF), it is likely that the upward trend is likely to continue, but reaching the level of $ 300,000. Currently, oxenal domination – heights – continues to increase – on the situation.
Bitcoin Hyper-Hyper has been subscribed to more than $ 2 million, the scheduled prices increase
Bitcoin Hyper – Provided for the First Solutions to the Bitcoin Bluex Expansion of the Second Layer Operating On The Solanna Virtual Machine (SVM) – by Collecting Financing With A Value Exceding $ 2 million, and its Outcome Recorded $ 2.583.591 Out of $ 3.071.416, IS CURRENTLY SOLD AT $ 0.01225, it is Scheduled to Rise in Less Than Two Days by the new scene.
This project seeks to combine Bitcoin Blockchain and the speed of the Solana blockchain, and its new network has been designed to allow intelligent contract features and decentralization applications (DAPS) and the possibility of launching and circulating at high speed and low cost, with a smooth bitcoin available link tool. On the other hand, the intelligent project of the project was designed to guarantee the possibility of developing, reliable and simplicity – has successfully suffered the Coinsult.
Thanks to the combination of the culture of min and practical uses, Bitcoin Hyper has become one of the most important competitors of second layer solutions for 2025, in particular by taking a strong momentum because of its unique mortgage mechanism and its exciting and complete launch of its new solution in the first quarter of next year.
Can Bitcoin-Btcin-BTC price expectations and a drop in dollar prices reach $ 300,000 this year? APPLERDIRST on Arab Cryptonews.