Bitcoin News Today: Bitcoin Holds Above $117K as Institutional Accumulation Reinforces Key Support Zone

Bitcoin has maintained a position above $117,000 since July 23, 2025, driven by sustained accumulation from large holders and investor confidence in its long-term trajectory [1]. The price consolidation within the $92,000–$139,000 range reflects a balanced market dynamic, with strong institutional participation but no signs of speculative overheating [2]. Over 1.48 million BTC were traded in 30 days, with strong buyer interest forming between the $105K and $120K range, indicating growing demand in this critical support zone [2]. Analysts note that the current stability contrasts with historical bull runs in 2017 and 2021, where elevated exchange inflows preceded sharp corrections. Instead, the current phase shows low selling pressure, as indicated by the Flow Pulse indicator, which tracks investor behavior around exchange activity [3].

The $116,000 support level has been identified as critical, with a break below triggering further downside risks [4]. Conversely, a sustained retest of the all-time high at $122,838—currently a psychological barrier—could signal continued bullish momentum. On-chain data reveals over 1,500 BTC in buy orders clustered near $115,000, reinforcing the $114,700–$117,800 zone as a robust support area [5]. Short-term volatility remains, however, with the relative strength index (RSI) near 60 and shorter-term moving averages flashing bearish signals amid broader bullish trends [6].

BitcoinVector highlighted that momentum has not fully accelerated, but structural integrity remains intact. The recent price action reflects a natural pause rather than a breakdown, with no sharp deterioration observed. This suggests the market is absorbing selling pressure without shifting the bullish trend [1]. The $117K to $118K zone is emerging as a potential new support base, with traders positioning around this range to anticipate strength above $117K [5].

CryptoQuant’s Bull and Bear Market Cycle indicator suggests the market is in an overheated bullish phase, historically followed by short-term corrections [7]. Analyst Arab Chain warned that sudden spikes in the Flow Pulse metric could act as a warning sign for near-term sell-offs. Yet, long-term fundamentals remain intact, with the 30- and 365-day moving averages still trending upward [8]. Traders are advised to monitor exchange flow dynamics closely, as increased inflows could signal shifting sentiment [8].

Price action within the Bollinger Bands underscores the market’s tight consolidation. Bitcoin currently trades near the upper band at $124,041, with the middle band at $115,955 acting as a critical support threshold. A break above the upper band could rekindle all-time high attempts, while a drop below $115,000 would test deeper support near $111,000 [9]. Institutional buyers appear strategically positioned to defend the $117,000 level, with large holder activity reinforcing confidence in Bitcoin’s resilience [10].

The next phase for Bitcoin hinges on whether it maintains its footing above $117K. The decisive moment, as stated by BitcoinVector, will be how the structure responds if this level is breached. Until that happens, the market remains poised for further upside [1]. As Bitcoin holds above the $118K mark, price strength reflects stability in the face of recent volatility. Support structure remains constructive, and unless momentum breaks lower, the trend stays intact [1].

Source: [1] [Bitcoin Holds Above $117K as Institutional Accumulation...](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-holds-117k-institutional-accumulation-investor-confidence-sustain-price-stability-2507/)

[2] [Bitcoin Holds Above $117000, Indicating Healthy Market...](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-holds-117-000-indicating-healthy-market-growth-2507/)

[3] [Bitcoin's 2025 Rally Defies Past Bull Run Peaks...](https://crypto.news/bitcoin-2025-rally-defies-past-btc-bull-run-2025/)

[4] [Bitcoin Is Setting for the Next Big Move, Top Analyst Says](https://thecryptobasic.com/2025/07/24/bitcoin-is-setting-for-the-next-big-move-top-analyst-says/)

[5] [Bitcoin : The Must-See Trade of the Week on BTC - InvestX](https://investx.fr/en/crypto-news/bitcoin-top-trading-opportunity-this-week-btc-strategy/)

[6] [Bitcoin Price Prediction: BTC Dips Below $118k...](https://coinjournal.net/news/bitcoin-price-prediction-btc-dips-below-118k-as-120k-resistance-level-holds/)

[7] [Bitcoin's 2025 Rally Defies Past Bull Run Peaks...](https://crypto.news/bitcoin-2025-rally-defies-past-btc-bull-run-2025/)

[8] [Bitcoin's 2025 Rally Defies Past Bull Run Peaks...](https://crypto.news/bitcoin-2025-rally-defies-past-btc-bull-run-2025/)

[9] [Bitcoin Confirms Bullish Megaphone Breakout With $117K...](https://thecryptobasic.com/2025/07/22/bitcoin-confirms-bullish-megaphone-breakout-with-117k-retest-setting-stage-for-200k-surge/)

[10] [Bitcoin Investor Price Model Signals Healthy Growth...](https://bitcoinist.com/bitcoin-investor-price-model-signals-healthy-growth-btc-eyes-139k-level/)