$BTC today 12/07/2025: this week a historic breakout and new institutional momentum

Bitcoin is trading at $117,997 this Saturday, July 12, marking its highest level since April. The asset broke through the resistance of $111,000 with strong volume, supported by inflows into ETFs and expectations of interest rate cuts by the

Fed.

🔅Technical indicators show momentum: RSI at

79.6 and MACD in positive expansion.

🔅Derivatives volume increased by 62.4%, signaling optimistic positioning.

🔅Supports: $116,000 and $111,000;

🔅Resistances: $120,000 and $122,800.

BTC enters a price discovery phase, with ambitious targets and strong institutional support.

The market is watching for possible corrections and re-entry zones.

BTC

66,574.22

+0.06%