Bitcoin Bulls Are Back! Will They Stick Around? 🐂📈

by

Ah, the bulls have returned to the crypto arena, according to CoinStats—because apparently, they needed a nap or something. 🐂💤 Let’s see if they’ve brought their A-game this time.

BTC/USD: The Saga Continues

Bitcoin (BTC), that ever-so-dramatic diva of the digital currency world, has decided to grace us with a 2.14% increase over the last day. Truly, it’s like watching a soap opera where the plot twists involve numbers and charts instead of forbidden love affairs. 💔📊

Now, on the hourly chart, BTC seems to be tiptoeing around a local resistance at $118,270. And since most of the daily ATR (that’s “Average True Range” for those who skipped Crypto School) has already been burned through, any sudden moves before tomorrow would be as surprising as finding socks that actually match in your laundry pile. 🧦✨

Zooming out to the bigger picture, neither the buyers nor the sellers are putting on much of a show. It’s like watching two toddlers argue over who gets the last cookie—they’re both too tired to fight properly. Low volume confirms this lackluster performance, proving that even cryptocurrencies need coffee breaks. ☕📉

So what does this mean for traders? Well, unless someone spikes the punch bowl, we’re likely looking at some good old-fashioned sideways trading between $116,000 and $120,000 for the next few days. Exciting stuff, right? 😴➡️

From a midterm perspective, Bitcoin has once again bounced off the $119,482 resistance level like a rubber ball on a trampoline. But beware—if the weekly candle closes far from there, the bears might lumber back into the spotlight. And when bears take center stage, you can bet they’ll be eyeing the $115,000 mark like it’s an all-you-can-eat buffet. 🐻🍽️

At press time, Bitcoin is trading at $117,954. So, dear reader, whether you’re team bull or team bear, one thing is certain: the crypto circus never sleeps. Enjoy the ride! 🎢💸

Read More

2025-07-26 19:44