Bitcoin is currently priced around $107,000, with investors showing a bullish sentiment despite some technical caution. A prediction market has indicated that 61.2% believe Bitcoin will reach $115,000 before a potential dip to $95,000. Key technical indicators suggest a crucial point of convergence on July 19 at the $106,500 level, where short-term bearish and long-term bullish channels will intersect. Should Bitcoin remain above this threshold, it may signal a continuation of the bullish trend. The current market sentiment is reflected in the Crypto Fear and Greed index at 65, showing 'greed' among traders. Furthermore, Bitcoin dominance is expected to rise above 70%, indicating that investments are flowing into Bitcoin over altcoins. Despite fluctuations, technical readings suggest sustained upward trends, with crucial support demonstrated by the Golden Cross formation in moving averages. Overall, while Bitcoin's immediate trajectory appears bullish with a likely target of $115,000, market conditions will need to be monitored closely leading up to July 19.

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