📰 Bitcoin (BTCUSD) Holds Strong Bullish Structure; Analysts Eye $138K Breakout Potential

📅 Jul 23, 2025, 08:01 EDT | 🔗 Source: Cointelegraph

🧠 Summary

Bitcoin price consolidates below $120K after hitting a $123K high, with strong fundamentals and no overheating signs suggesting the bull market continues. Short-term holders remain active, and key bull market peak indicators show room for growth before any sell-off risk.

💡 Why this signal?

  • Bitcoin’s fundamentals remain robust despite price consolidation, indicating ongoing buyer interest and network growth.
  • On-chain metrics show short-term holders have not yet reached an overheated risk zone, signaling potential for higher prices.
  • Key bull market peak indicators have not triggered sell signals, supporting a continuation of the bullish cycle.

📈 BTCUSD Price Trend

⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact

No competitors impacted.

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