Bitcoin Analysis: Market Trends on July 12, 2025

Bitcoin analysis for July 12, 2025: Technicals and market factors suggest short-term volatility with bullish potential.

On July 12, 2025, Bitcoin is trading at approximately $117,804, with a slight 0.02% decline over the past 24 hours. This price reflects significant growth compared to its all-time high of $111,906 on May 22, 2025. However, the cryptocurrency market remains a focal point for traders and investors due to its inherent volatility. Technical analysis of Bitcoin’s 4-hour chart suggests a short-term bullish continuation scenario, potentially followed by a deeper retracement. A liquidity zone around $110,612 is identified as a key area that could attract stop-loss orders. This level, along with a Fair Value Gap (FVG) support zone near $106,000, serves as critical reference points for traders. A breakout above the $111,000 resistance with strong volume could pave the way for higher targets, such as $120,000. A significant recent event was the movement of 80,000 BTC from wallets dormant since 2011, valued at over $8.6 billion, marking the largest transfer of inactive Bitcoin in history. This move, possibly for wallet security upgrades, private key recovery, or preparation for off-exchange sales, briefly pushed prices below $108,000. However, strong ETF inflows indicate robust demand for Bitcoin. From a macroeconomic perspective, news about tariffs and economic policies has influenced the market. Positive responses from countries affected by new tariffs could act as a local bullish catalyst. Traders should monitor trading volume and momentum indicators to avoid trend reversals. Currently, Bitcoin is in a price discovery phase, and as long as the green support zone holds, the bullish structure remains intact. Traders should watch resistance levels between $110,000 and $120,000 and support levels from $100,000 to $106,000. On-chain data suggests continued institutional accumulation, but whale behavior and macro news could drive further volatility. Overall, despite short-term fluctuations, Bitcoin’s long-term outlook appears bullish, especially if key support levels hold. Traders should employ proper risk management and watch for candlestick pattern confirmations to seize buying or selling opportunities.