📰 Bitcoin (BTCUSD) Eyes Breakout as Bulls Defend $115K Support Amid ETF Inflows
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Jul 22, 2025, 18:01 EDT
| 🔗 Source: Cointelegraph
🧠 Summary
Bitcoin faces resistance near $120,000 but bulls defend $115,000, signaling buying strength. Despite recent ETF outflows, sustained inflows over days indicate bullish outlook. Potential breakout above $123,218 could push BTC toward $135,729 and $150,000 target in the near term.
💡 Why this signal?
- Bitfarms’ large share buyback program indicates management’s strong confidence in future value and signals potential stock price appreciation.
- The pivot towards AI and HPC data center operations leverages existing infrastructure, diversifying revenues beyond traditional Bitcoin mining amidst halving-induced profit pressures.
- Securing significant credit and selling non-core assets strengthen Bitfarms’ financial position, supporting its growth into AI-driven sectors.
📈 BTCUSD Price Trend
⏱️ Impact Timing
starting July 28, 2025
👥 Competitor Impact
No competitors impacted.
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