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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
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#Bitcoin# Big Picture
Bitcoin is confidently continuing its path within the rising channel it has been in for a long time. The $112,400 level is currently the most critical support point. As long as it stays above this area, the trend will maintain its strength. On the downside, the $77,000 and $74,000 levels provide strong support for investors.
The technical structure is moving in accordance with the Elliott wave scenario, strengthening the likelihood that BTC will test the $130,000 level as the first major target in the upcoming period. Any interim corrections that may occur during the upward trend will be part of a healthy process.
This table tells us that the main trend in Bitcoin continues to be upward and strong. The main momentum that will carry the market in the medium and long term is still ahead of us.
#BTC $BTC # Crypto