Daily Analysis of Bitcoin (BTC) -July 11, 2025
๐ Comprehensive Analysis of Bitcoin (BTC)
1. Technical Analysis
Price Trends
Bitcoin has shown a strong upward trend over the past week. Starting at $108,260 on July 4, 2025, the price has steadily increased, reaching $117,579 by July 11, 2025. This represents a significant gain of approximately 8.6% over the week. The consistent rise in price indicates a bullish trend.
Trading Volume
Trading volume has been substantial, with notable spikes on July 9, 10, and 11, reaching peaks of $35.66 billion, $54.13 billion, and $70.14 billion respectively. These volume surges suggest increased market activity and investor interest, supporting the upward price movement.
Market Capitalization
Market capitalization has followed the price trend, increasing from $2.15 trillion on July 4 to $2.34 trillion on July 11. This rise in market cap reflects growing investor confidence and capital inflow into Bitcoin.
Chart Analysis
The technical chart shows a clear upward trajectory with higher highs and higher lows, confirming the bullish trend. The chart also indicates strong buying pressure, as evidenced by the significant volume spikes and the price breaking through key resistance levels.
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