Quote from: STT on July 09, 2025, 11:59:51 PM

Price action today is going to get us new highs, even if we sell off from today its done enough to prove we can go much higher in BTC then just this area. Its stopped acting like 112k is a ceiling and its broken through, even if we were to fall back which is possible I reckon this hole in the roof is now going to let us climb through and upwards this year for sure which I look forward to.

After successfully breaking through the $112 thousand mark, Bitcoin has now slightly corrected to $110,953 (at the time of this post). Overall (after what happened in the market today) Bitcoin has experienced a significant period of movement over the past week, the Bullish pattern we are currently seeing may be influenced by several factors such as macroeconomics, geopolitical developments, and institutional adoption, even though Bitcoin previously experienced a decline due to the war between Iran and Israel. The market turmoil demonstrates Bitcoin's resilience, potentially pushing it to new heights, perhaps setting new records in the second half of the year as demand increases as the US Congress nears its planned passage of crypto legislation in Washington, D.C.

There is no need to worry if market conditions collide with negative things that cause leaking roofs because that is the right time to pick the fruit when prices are cheap, moreover this condition is only temporary because recovery will soon occur. It's still early days, and it's difficult to predict how far the next rally will go before the year closes. However, when buying power is greater than putting power, price momentum will continue to rise. This bullish condition is what traders and investors are hoping for.