Bitcoin (BTC) Price Analysis for July 12
2025-07-12 15:46:17
Main Idea
The article provides a Bitcoin (BTC) price analysis for July 12, noting a slight decline in BTC's rate and discussing market trends, including Ethereum's performance and Bitcoin ETFs.
Key Points
1. Bitcoin (BTC) has declined by 0.24% since yesterday, with its price in the middle of the local channel on the hourly chart.
2. Most of the top 10 coins have returned to the red zone, indicating a bearish trend.
3. Bitcoin is trading at $117,503 at press time, with Bitcoin ETFs' market cap exceeding $150 billion.
4. Ethereum (ETH) shows no midterm reversal signals, with potential for a new all-time high next week.
5. The article mentions other crypto-related news, including a novel Bitcoin mining offering and Ethereum L2 developments.
Description
Can growth of Bitcoin (BTC) continue in next days?
Latest News
- Bitcoin (BTC) to Hit $200,000? Elliott Wave Pattern Breakdown2025-07-13 10:42:13
- Bitcoin (BTC) up 3,900,000% Since First Ever TV Mention2025-07-13 10:29:40
- $70,224,089 XRP Stuns Coinbase in Minutes, What’s Happening?2025-07-13 09:55:36
- 120,000,000,000,000 Shiba Inu (SHIB): Whales Are Taking Full Control2025-07-13 09:55:12
- 'Rich Dad Poor Dad' Author Buying More Bitcoin ASAP2025-07-13 09:32:11