futurebtc
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🟡 Bitcoin Futures Market Update – August 2, 2025
Bitcoin (BTC) futures are currently trading around $113,933, showing a minor dip of about 1.6% after testing highs above $120,000 earlier in the week. Despite the slight pullback, market sentiment remains largely bullish, driven by strong institutional interest and regulatory developments.
Recent data shows massive liquidations of short positions—over $590 million in BTC futures—indicating a short squeeze that helped push prices higher. Traders are now eyeing the $120K resistance zone, with analysts projecting potential targets of $130K to $150K if momentum continues.
On the macro front, proposed U.S. legislation to give the CFTC authority over crypto spot markets is seen as a positive move, adding credibility to futures markets and increasing investor confidence.
CME’s Micro BTC futures (0.1 BTC) continue to gain popularity for retail and smaller institutional traders due to their flexibility and lower risk.
In Summary:
Price Range: $113K–$114K (support), $120K+ (resistance)
Trend: Bullish sentiment, slight correction
Outlook: Strong potential for upside if $120K is broken
Watch Zone: $114K support; $130K–$150K upside targets
#FutureTarding
#futureBTC
#TrumpTariffs
#SECProjectCrypto
#MarketPullback
Bitcoin (BTC) futures are currently trading around $113,933, showing a minor dip of about 1.6% after testing highs above $120,000 earlier in the week. Despite the slight pullback, market sentiment remains largely bullish, driven by strong institutional interest and regulatory developments.
Recent data shows massive liquidations of short positions—over $590 million in BTC futures—indicating a short squeeze that helped push prices higher. Traders are now eyeing the $120K resistance zone, with analysts projecting potential targets of $130K to $150K if momentum continues.
On the macro front, proposed U.S. legislation to give the CFTC authority over crypto spot markets is seen as a positive move, adding credibility to futures markets and increasing investor confidence.
CME’s Micro BTC futures (0.1 BTC) continue to gain popularity for retail and smaller institutional traders due to their flexibility and lower risk.
In Summary:
Price Range: $113K–$114K (support), $120K+ (resistance)
Trend: Bullish sentiment, slight correction
Outlook: Strong potential for upside if $120K is broken
Watch Zone: $114K support; $130K–$150K upside targets
#FutureTarding
#futureBTC
#TrumpTariffs
#SECProjectCrypto
#MarketPullback
#futureBTC btc and futures change mylife forever and thank you #Binance for this apportunity its feels like freedom
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