📰 Bitcoin (BTCUSD) Consolidates Near $119K Amid Strong ETF Inflows, Eyes $180K Target
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Jul 22, 2025, 21:09 EDT
| 🔗 Source: NewsBTC
🧠 Summary
Bitcoin consolidates near $119,000 after a $123,000 ATH, with mixed on-chain signals; profit-taking rises but long-term accumulation persists. Institutional ETF inflows remain strong, supporting a bullish outlook with potential targets up to $180,000 if support holds above $110,000.
💡 Why this signal?
- Bitcoin shows mixed signals: short-term profit-taking pressure is visible but strong institutional inflows and declining UTXO count indicate long-term holder conviction.
- Active consolidation around key support levels preserves the bullish structure, implying limited downside risk if critical support holds near $110,000.
- Robust ETF investments and growing institutional demand create a scenario supporting a gradual upward price trajectory toward higher targets.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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