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Bitcoin Price Faces Resistance at $120K, Support Seen Near $115,500
Bitcoin continues to trade with strong momentum in July 2025. The world's largest cryptocurrency has been hovering around the $118,000 to $120,000 range for the past few days. This level follows a sharp rally earlier this month, which saw Bitcoin cross $120,000 for the first time in its history. Despite recent profit-booking and some sideways movement, Bitcoin price today maintains strong support levels and shows signs of healthy consolidation. Investors, traders, and institutions remain focused on several key factors, including technical indicators, on-chain data, institutional activity, and global economic events. ... (full story)