#BTC

Bitcoin Update – July 4th, 2025: What’s Brewing Behind $110K? 🚀

Bitcoin just tapped above $110,000 again today, but the real story isn’t just about the price — it’s about what’s happening underneath the charts.

🔍 Here’s what’s going on:
1. Massive Options Expiry Incoming
Today marks the expiry of $2.98B in BTC options — a potential volatility trigger. Historically, large expiries like this cause either a strong breakout or a quick retest. Traders are holding their breath. 💣
2. Resistance at $110K Holding Strong
BTC pushed above $110K briefly but faced rejection. There’s a visible bearish divergence on the RSI, which suggests bulls are slowing down. Is this a pause before the next leg up… or the start of a correction? ⚖️
3. Macro Tailwinds: “One Big Beautiful Bill” (OBBBA) Passed
Yesterday, the U.S. House passed Trump’s “OBBBA” bill, injecting confidence into markets. The bill is expected to boost liquidity and may even support Bitcoin’s role as a strategic reserve. 🇺🇸📜
4. July Could Be Explosive
According to Bitwise, BTC could surge +30% in July if macro conditions remain favorable. With ETF flows steady and institutional adoption still growing, we might be just getting started. 📈
5. But… All Eyes on $112K
That’s the big resistance. Analysts say BTC needs strong spot buying pressure to break through. If not, we might see a pullback to the mid-$100Ks for a healthy reset. 🧠

⸻

📌 TL;DR
• $2.98B in options expiring today = volatility spike likely
• OBBBA bill passed = bullish macro signal
• BTC above $110K but not safe yet
• Keep your eyes on $112K 🔥

Will Bitcoin take flight this July? Or is this just the calm before the correction?

Let’s watch the charts closely. 📊