📊 Bitcoin (BTC) Market Analysis – 28 July 2025 🚀

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📈 Price Overview:
Bitcoin is currently trading around $59,480, showing slight consolidation after a bullish breakout last week. The market is watching closely as BTC tests its resistance near $60K, a psychologically significant level.

📉 Support & Resistance:

🔻 Support: $57,200

🔺 Resistance: $60,800

🧠 Technical Insight:

RSI is hovering near 64, indicating a strong bullish trend but approaching overbought territory.

MACD remains in positive divergence, suggesting ongoing buying momentum.

Volume is steady, showing traders are cautiously optimistic.

📊 Chart Patterns to Watch:
BTC is forming a bullish flag on the 4H chart — if confirmed, a breakout could push BTC toward $62K+ in the coming days.

🌐 On-chain Data Insight:

Whale accumulation is increasing.

Exchange reserves are at a 2-month low, indicating reduced sell pressure.

🗣️ Market Sentiment:
Neutral to Bullish ⚖️📈 — Traders are waiting for a clear breakout confirmation before heavy entry.

🔮 Short-Term Outlook:
If BTC holds above $58K, we could see a push toward $61K this week. But a drop below $57K might invite a correction toward $55K.

📢 Your Move?
It’s a crucial decision zone — keep your stop-losses tight and stay informed!

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