• Daily Gains
  • Posts
  • 🦉 Bitcoin Squeezes Shorts in $108K Spike

🦉 Bitcoin Squeezes Shorts in $108K Spike

Altcoin Boom in July? Historical Patterns Suggest a Breakout Is Coming, SEC Approves Grayscale ETF That Includes BTC, ETH, SOL, XRP, ADA

GM 🦉 This is Daily Gains! Time for your latest crypto news in 5 minutes!

In Today’s Crypto World:

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

DEGEN PLAYS
GAINERS & NEWBIES 👀

*Market insights are updated daily.

MAC’S VEVE & NFT
COMPLETE THE SET AND EARN 

DK’S CHART OF THE DAY
BTC USD PERPETUAL 8 HOUR 🔬

Bitcoin has recently broken out of the volume profile range that had been containing price action since the beginning of may. The top side of this range—the Value Area High (VAH)sits at $108,300 and BTC has managed to push above it with strength. Adding to the bullish momentum, price has also cleared a key diagonal resistance that extends down from the all-time high through a series of lower highs. That trendline has now flipped into support, and ideally, we want to see that level hold on any retests.

Another major level reclaimed is the June 16th high at $109,000. This was a critical breakout level, and holding above it solidifies the bullish case. However, if BTC fails to hold support at either the $109K level or the reclaimed diagonal trendline, there is a risk of slipping back into the prior volume range.

That said, as long as Bitcoin holds above the key $108,300 support zone and avoids a breakdown back into the range, the path toward new all-time highs looks increasingly probable, potentially even within the next 1 to 7 days.

All in all, BTC is in a strong position. Bulls simply need to defend key reclaimed levels to keep the momentum intact.

Book a free consultation at http://tacticaltradinghub.com to get started. See you on the inside!

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - SECRET BULL SIGNAL 🔦

T’S HOOT’S OF ENLIGHTENMENT - SPOTTING A CRYPTO BREAKOUT 💡

Spotting a crypto breakout early can lead to massive gains. Here are five key signs that often signal an imminent move:

1. Consolidation Near Resistance

When a coin trades in a tight range just below a strong resistance level, it often builds pressure. This “squeeze” indicates buyers are accumulating, preparing for a breakout surge.

2. Volume Spike

Rising volume, especially on green candles, shows strong market interest. A sudden increase in volume often precedes a breakout, confirming momentum is building behind the move.

3. Bullish Chart Patterns

Classic technical patterns like ascending triangles, bull flags, and cup-and-handle formations suggest bullish continuation. These patterns, especially near key levels, are reliable breakout signals.

4. Higher Lows

Consistently rising lows signal buyers stepping in earlier with confidence. This price action creates upward pressure and reduces selling zones, often leading to a breakout.

5. Positive News or Catalysts

Strong fundamentals—like exchange listings, partnerships, or upgrades—can fuel breakouts. When technical setups align with bullish news, the breakout is often explosive.

Recognizing these signs in combination, not isolation, improves your accuracy. Breakouts reward the prepared—study the charts, watch the volume, and stay alert for the spark.

Want to learn more? Join us today… www.dailygainscrypto.com 

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILY MEMES 🤣

Brought To You By: DailyGainsCrypto.com

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.