Bitcoin: Lightning Strikes Twice (Technical Analysis) (Rating Upgrade)

Description

Summary Bitcoin has reached a new all-time high, touching $119K as of July 11th, 2025. Congrats, Bitcoin! This milestone highlights Bitcoin's continued strength alongside the broader stock market rally. However, stocks were flat while BTC rallied 8% this week. I break down the 1 year and 1 month charts for BTC, including trends, support and resistance levels, and momentum and strength indicators. There are bearish signals in one chart and bullish signals in the other, confirming a pattern I am s...