đ Bitcoin Soars Past $112K as Fed Warns of Tariff-Driven Inflation â Bull Run Accelerates
Bitcoin defies gravityâagainâas macroeconomic winds shift in its favor. The Fed's latest inflation warning sparks a flight to hard assets, and BTC's price action suggests the market agrees.
The Fed's inflation headache becomes crypto's adrenaline shot
Powell & Co. just handed bulls another narrative gift. With tariff pressures threatening to juice consumer prices, that 'digital gold' thesis starts looking less like marketing and more like prophecy.
Technical breakout or institutional FOMO?
The $112K breach wasn't just another round numberâit cracked a key psychological barrier while traditional markets yawned at another 'transitory inflation' press conference. Wall Street's still debating whether to include BTC in their inflation hedges, but the chart isn't waiting for permission.
Funny how 'uncorrelated assets' always correlate perfectly with money printers overheating. Maybe Satoshi planned that too.
Bitcoin Surges After Triangle Breakout
In parallel, Bitcoin ($BTC/USD) cracked higher after a textbook symmetrical triangle breakout on July 10. Price soared from the $109K zone to a high near $112,000, driven by heavy $56.8 billion trading volume and daily gains exceeding 2%. Its market cap now stands firmly around $2.2âŻtrillion, reflecting renewed institutional interest.
The breakout tested its measured target, approximately 2.7% above the triangle range, before pulling back, forming a long upper wick that suggests short-term exhaustion. Still, momentum remains clear: the RSI stands at 78, confirming a strong bullish tilt, though overbought pressure suggests a mild pullback could be due.
On the technical front, the level to monitor is $110,550, the old triangle ceiling turned support. A sustained hold WOULD confirm the validity of this breakout. Failure to do soâor a re-entry below $109,850âcould trigger a deeper pullback.
Trade Setup: Breakout or Retest Strategy
This is a classic breakout-retest setup on Bitcoin, pairing macro caution with clear technical structure. The trade hinges on whether momentum continues or pauses for a retest.
Bitcoin just ripped +2.7% out of a textbook triangle breakout. Measured MOVE target hit to the dollar at $112K. RSI at 78.
Bulls are in full control. Next resistance at $112.8K and $113.4K. Breakout traders are winning this round. #BTC #Bitcoin #Crypto pic.twitter.com/m9xJChlU4f
- Entry: Close above $111,900 on 2H candle
- Stop-Loss: Below $110,550
- TargetâŻ1: $112,824
- TargetâŻ2: $113,417
A bullish engulfing candle above entry would confirm upside follow-through.
- Entry: Bounce near $110,550 (watch for hammer or morning star)
- Stop-Loss: Below $109,850
- TargetâŻ1: $112,000
- TargetâŻ2: $112,824
Overall, the Bitcoin price prediction remains bullish, while triangle breakouts often retrace for one more bottom test before resuming. If RSI cools while price holds support, thatâs often the springboard for the next leg.
Bitcoin Hyper Presale Over $2M as Price Rise Nears
Bitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana VIRTUAL Machine (SVM), has raised over $2 million in its public presale, with $2,061,881 out of a $2,510,240 target. The token is priced at $0.012175, with the next price tier expected to be announced soon.
Designed to merge Bitcoinâs security with Solanaâs speed, bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.
The golden cross of meme appeal and real utility has made Bitcoin Hyper a LAYER 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.