#Content Mining & Earn Rich Commission# #BTC# #ETH# #PI# Here’s the latest BTC price snapshot:



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✅ Bullish Signals for Bitcoin Right Now

1. Massive ETF Inflows Fueling Momentum

US spot Bitcoin ETFs have seen multi-billion-dollar inflows, especially on 29 July when prices spiked ~3% and active addresses surged ~15% during the same window — a clear indicator of institutional demand and bullish sentiment .

2. On‑Chain Supply Tightening

BTC reserves on exchanges have declined sharply from 3.25M to 2.55M coins—levels not seen since 2017—implying more holders are HODLing or moving to cold storage. Tighter supply coupled with steady institutional buying tends to drive prices upward .

3. Technical Indicators Favor Upward Bias

RSI is near 66.5 and ADX is around 44, both pointing to building bullish momentum; price trades above key pivot (~$118,750), supporting continuation .

TipRanks technical ratings strongly favor a Strong Buy across multiple moving averages like the 20-, 50-, 100-, and 200-day MA .

Londinia’s AI flags daily bullish signals: price crossover of MA, momentum indicator above zero, and Williams %R breaking above –50 .

4. Institutional Resilience Despite High-Volume Sales

A large $9 billion BTC sale (≈80k BTC) had minimal price impact, showcasing how deep, institutional-grade liquidity is now capable of absorbing heavy sell-offs. This maturity suggests continued strength in demand for BTC .

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🔍 Interpretation & Outlook

All signs currently point toward Bitcoin entering or sustaining a bullish phase:

Strong capital inflows from ETFs.

Lower exchange supply, indicating accumulation.

Positive technical structure, validated by multiple indicators.

Institutional robustness, absorbing major sell pressure.

🧠 Focus Ahead:

A break above $120K–$123K could open the path toward $135K in the short term based on previous consolidation patterns and analyst projections .

Maintain risk management: consider stop‑losses below recent support zones near $115K–$117K.

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🎯 Key Takeaway

Today’s strongest bullish signal for BTC: Institutional ETF inflows and exchange supply drawdowns, backed by technical buy momentum across major indicators.

This alignment of on-chain, macro, and technical factors makes for a compelling bullish setup.

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🌐 Additional Context & Related News
BTC0.07%
ETH5.17%
PI17.66%
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GateUser-739f8036vip
· 07-31 02:11
Quick, enter a position!🚗
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TheCryptoAndMevip
· 07-31 02:01
bulllllllllllllll
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TheCryptoAndMevip
· 07-31 02:01
gooooooooooooo
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