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In a recent expert commentary, executives from BlackRock, the world’s largest asset manager and a leading issuer of cryptocurrency exchange-traded funds (ETFs), identified a significant trend in the cryptocurrency market, particularly for Bitcoin (BTC).  They foresee a major surge ahead, driven by recent US legislative developments such as the signing of the GENIUS Act. They assert that these developments bolster the role of stablecoins as key players in the future of digital payments. New Regulatory Landscape For Stablecoins Central to BlackRock’s analysis is the recently enacted GENIUS Act, legislation that aims to establish a comprehensive framework for stablecoins as a means of payment.  Stablecoins, digital tokens pegged to traditional currencies such as the US dollar, are gaining significant traction among traditional finance firms seeking to modernize their transactions, and could solidify the dollar’s dominance in global markets.  Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? Though their current market share is about 7%—equating to approximately $250 billion—the rapid adoption of stablecoins since 2020 indicates a growing acceptance within the financial landscape.   The GENIUS Act delineates stablecoins as payment methods rather than investment products, which includes provisions to prohibit interest payments and restrict issuance to federally regulated banks and select nonbanks.  This regulatory framework is poised to create a tokenized ecosystem centered around the US dollar, facilitating easier access for users in emerging markets while potentially limiting adoption in major economies due to the ban on interest payments.  Additionally, the act specifies the types of assets that stablecoin issuers can hold in reserve, predominantly consisting of repurchase agreements, money market funds, and US Treasury bills with short maturities.  Notably, major stablecoin issuers like Tether (USDT) and Circle (USDC) currently hold over $120 billion in Treasury bills, yet this represents only a small fraction of the total outstanding US Treasury bills. BlackRock Optimistic About Bitcoin’s Potential  BlackRock’s commentary also suggests that while the demand for Treasury bills may increase as the stablecoin market grows, the overall impact on yields could be limited.  This is due to a likely offsetting shift of funds from similar assets rather than generating significant new demand. Furthermore, the US Treasury’s inclination to increase short-term debt issuance to address persistent budget deficits may also dampen any upward pressure on yields. Beyond US borders, other regions are also taking steps to regulate stablecoins. Hong Kong is implementing new regulations aimed at fostering innovation in stablecoins, while Europe is exploring the concept of a digital euro, albeit with limitations to protect traditional banks.  Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Should other nations allow interest-bearing stablecoins or pursue central bank digital currencies (CBDCs), the US dollar’s role in trade finance could be at risk, the experts assert, potentially prompting the US to reconsider its stance on interest payments. As digital assets continue to gain mainstream acceptance, the combination of regulatory support and US administration backing suggests a future where Bitcoin and stablecoins play a more integral role in financial systems.  BlackRock remains optimistic about Bitcoin’s potential as a distinct return driver and a key asset in diversified investment portfolios. Featured image from DALL-E, chart from TradingView.com

Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and one of the most significant crypto-related offerings in recent years, to which STRC is projected to commence trading on the Nasdaq Global Select Market around July 30, 2025. Strategy Set To Boost Bitcoin Holdings  According to the official announcement issued on Tuesday, the IPO generated gross proceeds of approximately $2.521 billion, with net proceeds estimated at around $2.474 billion after accounting for underwriting discounts and offering expenses.  Related Reading: Ethereum Price To $20,000? ETH Is Mirroring Bitcoin’s Move From 2021 Strategy plans to utilize these funds to acquire 21,021 BTC at an average price of $117,256 each. This acquisition will increase the company’s total Bitcoin holdings to approximately 628,791 Bitcoin, amassed at an aggregate cost of about $46.8 billion, translating to an average purchase price of $73,227 per bitcoin, inclusive of related fees and expenses. These strategic moves have led analysts to anticipate a notable rebound for Strategy’s stock. As reported by NewsBTC, amid a positive shift in Wall Street’s outlook, they are projecting an 84% reduction in the company’s loss per share year-over-year for the second quarter.  Analysts expect Strategy to achieve profitability of $7.30 per share this year, marking a remarkable 209% increase compared to the previous year. MSTR Price Target Raised The bullish sentiment surrounding Strategy stock has intensified, particularly following a price upgrade from TD Cowen. Several analysts have revised their price targets upward, reflecting heightened confidence in the company’s strategic trajectory.  Barclays analyst Ramsey El-Assal has adjusted his price target for MSTR from $421 to $475, maintaining an “Overweight” rating that underscores his belief in the company’s initiatives.  Cantor Fitzgerald analyst Brett Knoblauch slightly lowered his price target from $619 to $614 but retained an “Overweight” rating, expressing faith in Strategy’s ability to maintain its premium net asset value while continuing to expand its Bitcoin holdings. Related Reading: XRP Dormant Coins On The Move: Reason Behind Price Plunge? Analysts at H.C. Wainwright also raised their price target from $480 to $521 for MSTR, citing the company’s revised guidance for 2025 and its ambitious capital-raising plans.  The report further notes that out of 13 analysts covering the stock, 11 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and another has issued a “Strong Sell” rating. The consensus price target currently stands at $543.62, while TD Cowen’s highest target reaches $680. As of this writing, MSTR closed the trading session dropping 9% to its current valuation of $398 per share. Bitcoin, on the other hand, consolidates just 4% below its all-time high at $117,250. Featured image from DALL-E, chart from TradingView.com 

Market expert Mark Moss has drawn the crypto community’s attention to an indicator that has perfectly nailed Bitcoin cycle tops. Based on this indicator, the expert revealed that the cycle top is unlikely to happen this year, as other analysts may have predicted.  Pi Cycle Top Indicator Reveals Next Bitcoin Cycle Top In an X post, Moss stated that the indicator is predicting a Bitcoin cycle top in the first quarter of 2027, not at the end of this year. He made this comment while describing the Pi Cycle Top indicator as the “Holy Grail” of Bitcoin indicators. The expert noted that the indicator nailed the Bitcoin cycle tops in 2013, 2017, and 2021.  Related Reading: Analyst Sounds Alarm For 50% Crash If Bitcoin Doesn’t Make A New ATH Soon Moss admitted that this latest cycle top prediction is hard to believe, as everyone is expecting Bitcoin to peak in the fourth quarter of this year. However, the Pi Cycle Top indicator suggests that the Bitcoin cycle top will occur in Q1 2027 and that the BTC price could reach $395,000 by then.  Crypto analyst Rekt Capital also recently alluded to the Pi Cycle Top indicator, noting how it was hinting at a possible cycle extension. He also confirmed that the indicator predicts a Bitcoin cycle top will occur in Q1 2027, with the flagship crypto possibly reaching $400,000. The analyst noted that, based on previous cycles, the Bitcoin cycle top is expected to happen in the fourth quarter of this year.  However, the recent BTC rallies have caused the Moving Averages (MA) to shift to higher prices. With these MAs shifting with every Bitcoin rally, Rekt Capital stated that it could take at least until mid-early 2026 before a Pi Cycle Top crossover occurs. However, the analyst advised that it is still important to be cautious about Q4 of this year and possibly develop an exit strategy in case the Bitcoin cycle peaks then.  The BTC 4-Year Cycle Is Over In a recent podcast, Bloomberg analyst James Seyffart and Bitwise Chief Investment Officer (CIO) Matt Hougan gave their opinions on whether the 4-year Bitcoin cycle is over. Seyffart stated that he expects the amplitude of these cycles to reduce as more institutional investors enter the BTC ecosystem.  Related Reading: The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways Based on his statement, a Bitcoin cycle top might not happen as many expect, as the analyst predicts there won’t be massive drawdowns again with the flagship crypto maturing. On the other hand, the Bitwise CIO opined that the 4-year cycle for BTC is over.  He explained that the factors that drove this four-year cycle are now watered down. Meanwhile, there is a growing inflow into Bitcoin, which would continue to drive demand. In line with this, Hougan declared that 2026 will be an up year for Bitcoin.  At the time of writing, the Bitcoin price is trading at around $119,000, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

As the Bitcoin price hovers just 4% below its all-time high of $123,000, crypto analyst Doctor Profit has issued a new report that could spark increased bullish sentiment among investors, suggesting that a new rally could be on the horizon.  Bitcoin Price Poised For Growth After Major Trade Deal In a recent post on the social media platform X (formerly Twitter), Doctor Profit highlighted a significant technical development for the Bitcoin price, noting that the cryptocurrency has recently broken through a diagonal resistance line on its monthly chart—a barrier that had proven insurmountable for several months. According to the analyst, the Bitcoin price faced repeated rejections at this crucial resistance level from November 2024 through February 2025.  However, this month marked a decisive breakout for the cryptocurrency, followed by a successful retest of the $114,000 level last Friday and a “strong bullish impulse” forming.  Related Reading: Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Doctor Profit emphasized that this breakthrough signals a potential upward movement, asserting that the market is primed for the next leg up. He even predicts that the “bullish chart” will soon dominate discussions across social media. Adding to this optimism are recent developments surrounding a US-Europe trade deal announced on Monday by the White House. Doctor Profit noted that tariffs have been a lingering concern for both the Bitcoin price and the broader stock market, suppressing momentum.  However, the analyst asserts that the announcement of a new trade agreement—valued at $750 billion in US energy exports and $600 billion in EU investments—has alleviated some of that pressure.  Links Between M2 Money Supply And BTC’s Potential On a macroeconomic level, Doctor Profit highlighted the M2 money supply as a crucial factor influencing the Bitcoin price trajectory. Following a 25% expansion of M2 in 2020 due to pandemic-related measures, Bitcoin experienced an 800% rally.  Currently, M2 has increased by 2.3% since the beginning of 2025, despite ongoing quantitative tightening measures by the Federal Reserve (Fed). The analyst  believes that this indicates that the Fed may be poised to adopt more aggressive monetary policies in the near future. Related Reading: Ethereum Is About To Breakout Of Massive Consolidation Toward $5,000 Historical data suggests a correlation between increases in M2 and Bitcoin price movements, with the analyst estimating a potential upside of 30-35% for Bitcoin with every 1% increase in M2.  The most significant expansion has occurred in recent months, particularly between May and June 2025, when M2 saw a monthly increase of 0.63%.  Given Bitcoin’s typical lag in response to M2 changes—approximately 60 to 90 days—there is speculation that this could lead to a 15-17.5% rally in the coming weeks, positioning Bitcoin toward the $130,000 mark. Looking ahead, the Federal Open Market Committee (FOMC) meeting is slated for Wednesday, with a strong expectation of no interest rate cuts. As of this writing, the market’s leading cryptocurrency trades at $117,569, up nearly 71% on a year-to-date (YTD) basis.  Featured image from DALL-E, chart from TradingView.com 

A crypto analyst has issued a bold new forecast on the future trajectory of Bitcoin (BTC), claiming that the era of parabolic bull runs and painful bear markets is over. In its place, he envisions a slower, more institutionally driven path toward long-term growth. Looking ahead, the analyst believes that Bitcoin could reach $1,000,000 in the next decade.  Bitcoin Road To $1,000,000 Will Be Slow In an X social media post, Mitchell Askew, a crypto market expert and the Head of Research at Blockware, shared his long-term bullish outlook for Bitcoin, predicting that the flagship cryptocurrency is set to hit $1,000,000 within the next 10 years. However, he noted that this massive price surge won’t come from explosive bull runs previously seen in 2013 or 2017.  Related Reading: The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways According to the analyst, Bitcoin has moved past the age of parabolic price surges followed by crushing drawdowns. Rather than repeating past cycles of 10,000% gains in a year trailed by a 75% crash, the flagship cryptocurrency is now exhibiting a much more controlled and less dramatic growth pattern. He believes that the cryptocurrency’s rise to $1,000,000 could unfold through a cycle of pumps followed by prolonged consolidations, making it a slow climb. This gradual growth style will likely discourage short-term speculators and casual investors, allowing only those with long-term conviction to benefit.  Askew’s bold BTC forecast and speculations about a slower growth trajectory are rooted in his belief that the cryptocurrency’s price action has fundamentally changed following the launch of Spot Bitcoin Exchange Traded Funds (ETFs). The introduction of this investment product in early 2024 marked a turning point for BTC, transforming it into a more stable and institutionalized asset class.  Notably, since the approval of the Bitcoin ETF, the analyst asserts that the most significant drawdown the cryptocurrency has faced is about 30%—a stark contrast to the extreme volatility of the past. While Bitcoin remains volatile by traditional standards, the nature of its price swings has considerably shifted, pointing to broader stabilization in the market.  In this environment, private miners, particularly those affiliated with BlockwareTeam, are expected to benefit the most. By continuously mining at a lower cost and taking advantage of tax incentives like a 100% bonus depreciation on hardware, they stand to profit steadily as Bitcoin climbs higher. Askew believes that this evolution is not overly optimistic or bearish, but rather a logical progression as BTC matures into a mainstream financial asset with increasing institutional involvement.  Analyst Warns Against Unrealistic Short-Term Gains In his analysis, Askew noted that the expectation that Bitcoin could surge to $500,000 in just five months, or that identifying a precise cycle top will lead to easy profits, is now considered unrealistic. The analyst warned investors against overly bullish sentiment in the short term or relying on outdated cycle theories.  Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High He suggests that trying to time market tops based on past halving cycles may leave investors sidelined while Bitcoin continues its slow and steady climb throughout the Trump administration. Featured image from Getty Images, chart from Tradingview.com

After a tumultuous week, the Bitcoin price is starting to find its footing again, rising from major support around the $115,000 level. Currently, the pioneer cryptocurrency looks to be on the path of recovery and possibly moving toward new highs this week as momentum picks up. There is also the possibility of a coming short squeeze, as explained by crypto analyst Luca on X, using recent developments that show that the recent crash may have only been temporary. Bitcoin Shows Tendency To Cross $123,000 Again In an X post, Luca pointed to the Bitcoin market makers as the ones behind the recent price movements and that there was a reason for this. The initial move downward looked to be an attempt to flush out late longs as crypto traders tried to take advantage of the frenzy created by the new all-time highs. Related Reading: Ripple CEO Sounds Alarm: If You’re An XRP Investor, You Should See This Then a reversal moved into the works, catching shorters unaware and sweeping liquidity at support levels. This comes as bears were pulled into a false sense of security, believing that the price would continue to decline before being hit with the move back up above $118,000, triggering hundreds of millions of dollars in liquidations. All of this is happening at a time when things like the Bitcoin funding rate were falling. Coinglass data shows the Bitcoin OI-Weighted Funding Rate had fallen briefly below 0.01% on Sunday after reaching as high as 0.0167% earlier in the week on July 23. Luca further revealed that the Bitcoin Premium metric had also fallen back into the negative. Another interesting fact was the fact that the open interest had shot up when the Bitcoin price had declined. Then, once the price began to recover, the open interest began to rise once again, and Luca interprets this as short positions starting to get squeezed. If this squeeze continues, then the Bitcoin price could spike very quickly, taking out tens of thousands of short positions with it. Related Reading: Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000 BTC Open Interest Tells A Story Of Exposure As the Bitcoin price has bounced between $115,000 and $120,000, the BTC open interest has barreled upwards in response. In fact, this metric sits at all-time high levels, shaking off the market uncertainty as crypto traders continue to open positions to bet on Bitcoin’s next move. The open interest had touched $87.89 billion back on July 15, and since then, it has averaged above $80 billion every day. Amid this, the Binance Long/Short ratio shows that shorters are currently dominating at 53.97% compared to 46.03% for long accounts. This lends credence to Luca’s expectations that the market could see a short squeeze to take out shorters and push the price to new all-time highs. Featured image from Dall.E, chart from TradingView.com

Bitcoin has jumped more than 170% from its launch‑month price around $45,000 to about $123,000 earlier this month. Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst Based on reports from Citi, the bank has laid out three scenarios for where the price might land by year‑end 2025. These range from a low of $64,000 in a weak market to a bull case of $199,000 if everything goes right. ETF Flows Take Center Stage In Bitcoin Uptrend According to Citi analysts, spot Bitcoin ETFs now explain over 40% of the recent price swings. Since their debut, US ETFs have snapped up about $54.66 billion worth of Bitcoin. That buying power helped drive BTC from roughly $45,000 to $123,000 in just a few months. The bank’s base case assumes another $15 billion in ETF inflows this year. At the ratio they’ve modeled—about $4 of price per $1 of flow—that would add around $63,000 to Bitcoin’s value. ???? Bitcoin Could Surge to $199K by Year-End, Says Citi Citigroup has released a new forecast projecting Bitcoin to reach $135,000 by the end of 2025 in its base-case scenario. The bullish case estimates a potential rise to $199,000, while the bearish outlook places the… pic.twitter.com/3Kp1o8OGsn — The Tradesman (@The_Tradesman1) July 26, 2025 User Growth Fuels Network Effects Based on figures from trading desks and on‑chain metrics, Citi expects a 20% rise in active Bitcoin users over the next year. That jump in adoption would support roughly $75,000 of price strength on its own. The idea is simple. More users mean more hands holding and trading Bitcoin. That activity tends to make prices less prone to sudden drops. Still, forecasts like this rest on the assumption that new users stick around rather than flipping coins for quick gains. Macroeconomic Factors Cut Forecast Slightly Citi’s model also factors in weaker performance in equities and gold, trimming the price by about $3,200. That adjustment reflects a view that if stock and metal markets struggle, Bitcoin won’t fully decouple from broader risk assets. At the same time, growing regulatory approval and deeper links between crypto and traditional finance should offer some support. ETF Demand Could Lift Bitcoin By $63,000 In the base‑case scenario, Citi adds the $63,000 from ETF flows to the $75,000 from user growth, then subtracts $3,200 for macro headwinds. That math lands the price at about $135,000 in 2025. That figure is only $12,000 above the recent peak of $123,000. It suggests Citi sees more upside but not a runaway rally—at least not in the base case. Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After Brief Panic A Bull Case Of $199,000 Remains On The Table If ETFs keep pouring in far more than $15 billion and user growth exceeds 20%, Bitcoin could climb to $199,000 under Citi’s bull case. Conversely, a drop to $64,000 is possible if macro conditions sour sharply. Globally, ETFs now hold around 1.48 million BTC, worth over $170 billion—about 7% of the total supply. That level of institutional backing is unprecedented. It shifts Bitcoin’s fate more toward big‑money flows than pure retail hype. Featured image from Pexels, chart from TradingView

Bitcoin looks to be on the verge of a breakdown after rallying to $123,000 all-time highs earlier in the month. This reversal has taken the market by surprise, with the altcoin market, once again, bearing the brunt of the losses. Now, as the Bitcoin price reaches an important level, the questions of whether this is the start of a bear trend or if there will be a bounce in price have become more urgent. Bitcoin Trends Low After New Highs After the reversal back into the $117,000 levels, crypto analyst TehThomas has published an analysis outlining the current Bitcoin price trend and where it could be headed next. So far, the analyst explains that Bitcoin is still trading in a well-defined trend after being rejected from the upper resistance zone at $120,000 multiple times. However, there is still a lot of bite from its support levels below, which could be its saving grace. Related Reading: Cup And Saucer Pattern Says XRP Price Rally Is Not Done As the analyst explains, the fact that the support continues to hold shows that there is still a lot of buying going on for Bitcoin. This puts the support very tight around this area, but also makes it a dangerous territory for the bulls. It is possible that there is a sweep back to these lows, and Thomas explains that such a move would engineer sell-side liquidity. There is also a Fair Value Gap (FVG) at the $121,000 level, which continues to be defended. This is where most of the resistance has come from, pushing the price back below $118,000 multiple times already. Thus, this FVG is the next level to reclaim in the campaign for new highs. Bouncing Back From Lows If the sweep back toward the lows is completed, it is not entirely bearish for the Bitcoin price and could, in fact, be the move that helps to trigger the next wave of uptrend. The analyst explains that buyers would have to step back in at this level, with support sitting firmly at $116,000. This accumulation during consolidation would be inherently bullish. Related Reading: Tether Investments Extend Beyond Bitcoin Amid Record Profits — Details Looking back at the FVG, the analyst explains that it could act as a magnet if the price begins to rise again. Nevertheless, all of this depends on the Bitcoin price dipping back to support and then bouncing off again. The sweep of liquidity at the lows and the bounce would offer confirmation that the price is going to keep trending upward. However, there is still the possibility of a price breakdown from here. Thomas points to an invalidation of the bullish thesis if support at $116,000 fails to hold and there is no immediate recovery. “Bitcoin remains locked in a clear range, and until the breakout happens, the edges of that range offer the best trading opportunities,” the analyst explained. Featured image from Dall.E, chart from TradingView.com

DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence in the market. The ASX-listed crypto fund manager has expanded its Bitcoin treasury by a whopping 74.7 BTC, marking a significant addition to its already existing holdings. DigitalX Buys 74.7 BTC In a recent X social media post on July 23, DigitalX confirmed the addition of 74.7 BTC to its treasury. The acquisition, completed at an average price of $117,293 per BTC, reflects the company’s ongoing commitment to its Bitcoin-led strategy. This latest purchase has raised the crypto fund manager’s total Bitcoin holdings to 499.8 BTC, valued at approximately $91.3 million.  Related Reading: Elon Musk’s SpaceX Moves Bitcoin Holdings For The First Time In 3 Years, Here’s Where It Went Notably, the company also announced and expanded on the details of this large-scale Bitcoin purchase in an official statement on Investorhub. Of its total 499.8 BTC holdings, 306.8 BTC are held directly by DigitalX, while the remaining 193 coins are held indirectly through 881,000 units in its ASX-listed Bitcoin ETF, BTXX.  The recent addition of 74.7 Bitcoin follows an earlier acquisition of 57.5 BTC disclosed by the company on July 18, 2025. These back-to-back purchases demonstrate a continued reallocation of DigitalX’s digital asset treasury toward Bitcoin. The firm’s total treasury, excluding cash, now exceeds $104.4 million. As part of its long-term crypto strategy, DigitalX’s targeted portfolio adjustment reinforces its role as a leading institutional-grade Bitcoin investment vehicle on the Australian Securities Exchange. The crypto fund manager highlights its latest acquisition as a key step in its ongoing effort to establish Bitcoin as its core treasury reserve asset.  Shareholder Focus Sharpens As Bitcoin Treasury Value Rises According to its official statement, DigitalX’s strategy goes beyond simply growing its BTC reserve. It also aims to enhance shareholder value through consistent and transparent reporting. The crypto fund manager now tracks its Bitcoin holdings per share in Satoshis (Sats), the smallest unit of BTC.  Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High As of the latest update, DigitalX’s BTC per share stands at 33.88 Sats, marking a 58% increase in its Bitcoin treasury value since June 30, 2025. This figure reflects the impact of recent acquisitions and provides a somewhat measurable benchmark for investors assessing exposure to the company’s considerable portfolio.  By prioritizing Bitcoin accumulation and optimizing its treasury structure, DigitalX continues to position itself as a prominent crypto-centric firm—one that views shareholder value as directly tied to the strength and growth of its BTC holdings. The company is also doubling down on its long-term vision of leveraging the flagship cryptocurrency as a strategic financial foundation.  Leigh Travers, former CEO and present Non-Executive Chairman of DigitalX, reaffirmed the company’s commitment to its digital asset goals, stating that it aims to steadily grow its BTC portfolio throughout the year and well into the future. Featured image from Pixabay, chart from Tradingview.com

Bitcoin’s summer melt-up has come to an abrupt halt. The benchmark cryptocurrency slipped from an intraday peak above $119,000 late Thursday to trade as low as $115,800 in European morning hours, its weakest print in a fortnight. The 2.7 percentage-point slide followed an unmistakable on-chain signal: Galaxy Digital quietly pushed more than 10,000 BTC—worth about $1.18 billion at the time—onto major exchanges in less than eight hours, according to wallet-tracking firm Lookonchain. Galaxy Digital Triggers Bitcoin Slide “Bitcoin sell-off still underway! Galaxy Digital deposited another 2,850 BTC ($330.44M) to exchanges,” Lookonchain warned on X in the early European morning hours, noting that the transfer originated from a Satoshi-era whale that re-awakened this month. Prior to that, the analytics account posted an alert: “Note that Galaxy Digital has deposited over 10,000 BTC ($1.18B) to exchanges in the past 8 hours!” Screenshots of Arkham Intelligence dashboards showed a series of multi-million-dollar transactions converging on Binance, Bybit and OKX. Related Reading: Bitcoin Rally Signal? Analyst Links Binance Spot Volume Surges To Price Upswings The flows are the latest chapter in a saga that began on 4 July, when an address dormant since 2011 started chopping an 80,009-BTC trove into 10,000-coin tranches. By 18 July the final 40,191 BTC—worth $4.8 billion—had landed at Galaxy, a move many analysts interpreted as a potential sale. That potential is now reality. On-chain data shows Galaxy sends Bitcoin to various crypto exchanges almost every minute to sell it. The BTC price is reacting with textbook symmetry: spot BTC slipped through $118,000 during the Asian session before knifing to $116,000 as London desks opened, wiping roughly $55 billion from bitcoin’s market value in just 4 hours. Galaxy Digital, run by billionaire Michael Novogratz, offered no public comment at the time of writing and has not filed any Form 8-K that might indicate a balance-sheet reshuffle. The firm’s most recent media appearance came on CNBC yesterday, where Novogratz repeated his view that Ether could “outperform” bitcoin over the next few months,” but did not hint at near-term selling. Related Reading: Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows While motives remain opaque, market spectators were quick to theorise. “Looks like the Bitcoin selloff is Galaxy Digital market dumping from a batch of 80K BTC. Could be because they were asked to for a client, something related to Saylor, or moving into Ethereum as Novogratz suggested ETH may move more than BTC in the next few months (today on CNBC). Not worried. They have about 27K left to sell (if they’re selling the full 80k), people buy, life goes on, it continues upwards,” the crypto-focused account Autism Capital posted via X. Capriole Investments founder Charles Edwards commented via X: “At the same time that this OG whale is dropping 10K slugs into spot markets today, we have 30K of leveraged longs opening on the dip. Not a price prediction and changes nothing mid- to long-term, but this is not a great sign for the short-term price action. Even if all 80K BTC are nuked, if Treasury Company demand remains consistent, it will all be consumed in a couple weeks.” At press time, BTC traded at $115,476. Featured image created with DALL.E, chart from TradingView.com

Jack Mallers, founder of Strike, argued in a video shared on X that a structurally higher Bitcoin price is emerging as a necessary component of US fiscal management, linking the growth of stablecoins to demand for US government debt. Framing the newly introduced GENIUS Act stablecoin legislation as “a seminal moment for digital assets and global dollar dominance,” Mallers said that while the bill “has nothing to do with Bitcoin directly,” it is indirectly significant because stablecoin expansion and Bitcoin appreciation are, in his view, intertwined. Bitcoin And Gold Must Rise To Avert US Fiscal Crisis Displaying a chart of Tether’s market capitalization alongside Bitcoin’s price, Mallers told viewers: “In the green, what you’re looking at is Tether, Market Cap. And in the orange, what you’re looking at is Bitcoin… The currency pair that does the most volume against this asset class is USDT, is Tether… If you want stablecoins to grow, Bitcoin grows.” He then connected that relationship to federal financing: stablecoin issuers, especially Tether, hold large amounts of US Treasuries; therefore, a larger stablecoin float would translate into incremental structural demand for US debt. Related Reading: Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows Mallers described the United States as fiscally “trapped,” asserting: “We know that the US cannot raise rates and they cannot cut spending. So we are trapped. The next logical step is we then need to devalue the dollar. It’s the only way out.” The policy question, he continued, is what assets the dollar should be allowed to depreciate against. “Do not debase the dollar against housing… Don’t debase the dollar against eggs… My recommendation, debase it against Bitcoin and gold.” Projecting a scenario in which Bitcoin reaches $500,000—“That’s 5x from here”—Mallers claimed such a move would force stablecoin capitalization to “5x,” producing “five times the amount of demand for US debt” at a moment when, he said, traditional foreign and domestic buyers are fatigued: “China doesn’t want your debt… Hedge funds don’t want your debt. Who’s the buyer of last resort? The Fed.” He likened the prospective alignment of Treasury financing needs, Federal Reserve balance-sheet expansion, and stablecoin reserve composition to a previous historical episode: “The last time the Fed and the US government got married… was to help finance around the world wars. And the Fed’s balance sheet grew 10 times… largely in… T-bills, the things that stablecoins buy.” Related Reading: Bitcoin Consolidates Below $120K as Exchange Activity Reflects Mixed Market Signals With US debt-to-GDP “at 130%,” Mallers argued, reduction in real terms requires monetary debasement channeled into politically acceptable asset inflation. He extended the narrative into politics, highlighting that “The president and his family just bought $2 billion worth of Bitcoin” and policy moves such as opening “US retirement market to crypto investments.” According to Mallers, positioning Bitcoin and gold inside retirement accounts will allow policymakers to “debase the dollar and get reelected,” because Bitcoin holders would not resist the erosion of purchasing power: “Debase the dollar all you want… I don’t care because I own Bitcoin.” He concluded by restating the mechanism he sees emerging from the bill: “Stablecoins are the new way to finance the government, but they grow as Bitcoin grows. One way to grow stablecoins is to grow Bitcoin… One way to solve the Fed and the Treasury’s problem of getting remarried is to grow Bitcoin. It could not be more obvious.” At press time, BTC traded at $118,055. Featured image created with DALL.E, chart from TradingView.com

Elon Musk’s SpaceX has raised eyebrows in the crypto community, following the transfer of its Bitcoin holdings for the first time in three years. This has raised concerns about the possibility of the company looking to offload its coins.  Elon Musk’s SpaceX Transfers Bitcoin Holdings To A Fresh Address In an X post, onchain analytics platform Arkham Intelligence revealed that Elon Musk’s SpaceX just moved Bitcoin for the first time in three years. The company sent 1,300 BTC ($153 million) to a fresh address this morning. Arkham then questioned whether this transfer was simply a move to cycle custody wallets or a plan to sell.  Related Reading: The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways SpaceX transferred the funds to an unknown wallet (bc1q8….phartf), which suggests that this move is just for custody purposes rather than to sell them. Notably, the last time Elon Musk’s company moved some of its Bitcoin holdings was to Coinbase, three years ago, which was more of an indication to sell than this recent transfer.  There is a possibility that Elon Musk’s SpaceX would have likely moved this $153 million to Coinbase again, rather than to a new address, if it intended to offload these coins. Arkham data shows that the coins in the fresh address remain untouched following the transfer. Meanwhile, it is worth noting that the company still holds 6,977 BTC ($827.41 million) in its recognized wallets. SpaceX first disclosed its Bitcoin holdings in 2021. This was around the same time that Elon Musk’s Tesla also announced it had purchased Bitcoin and was exploring the possibility of accepting BTC as a payment option. Arkham data shows that Tesla 11,509 BTC, worth around $1.37 billion.  Tesla hasn’t moved any of its coins in the last nine months. Meanwhile, the company also ranks as the 10th largest public Bitcoin treasury, according to BitcoinTreasuries’ data.  Musk’s Belief In Bitcoin Is Growing Elon Musk’s belief in Bitcoin’s potential as a hedge looks to be growing, which again makes it unlikely that SpaceX is looking to offload its coins with its recent transfer. Earlier this month, the world’s richest man confirmed that his America Party will embrace Bitcoin as “fiat is hopeless.” He made this comment amid the passing of the Big Beautiful Bill, which increases government spending and is bullish for BTC since it has a limited supply compared to the dollar.  Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High Elon Musk had also allegedly liked a comment made by a crypto community member about the world’s richest man possibly stacking Bitcoin, given the government’s impending money printing. This suggests that Musk may indeed be looking to invest heavily in Bitcoin. BTC maximalist Max Keiser also opined that Musk would soon be a maximalist himself.  At the time of writing, the Bitcoin price is trading at around $18,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Arthur Hayes has never been shy about big numbers, but his latest essay, Time Signature, frames those targets inside a sweeping macro thesis: a wartime‑style US credit boom that—if it unfolds as he expects—could send Bitcoin and crypto markets into their largest bubble yet. Writing on 22 July, the BitMEX co‑founder argues that financial markets, like dancers, must keep time with the “kick drum” of credit creation. “If we are out of time, we lose money,” he warns, before identifying the beat he believes traders must follow today: US wartime industrial policy, or what he bluntly calls a shift toward economic “fascism.” Hayes centres his argument on the Pentagon’s newly announced deal with MP Materials, under which the US Defense Department will become the miner’s largest shareholder, guarantee a floor price for critical rare‑earth elements at twice China’s current market rate, and back a $1 billion bank loan to build a Nevada processing plant. The structure, he writes, is the template for “QE 4 Poor People,” a credit‑multiplier that expands the money supply without formal Congressional approval. Related Reading: Trump Shares Viral Bitcoin Breakdown — Here’s What He Posted In his schematic example a single commercial‑bank loan to MP Materials “creates $1,000 of new fiat wampum,” then ripples outward as wages, deposits and discounted Treasury borrowing. “The money multiplier is > 1, and this wartime production leads to an increase in economic activity, which is accounted for as ‘growth,’” Hayes observes. The result, he says, is inevitable inflation, yet also “government‑guaranteed profits” for banks and industry. Why Bitcoin And Crypto Is The Bubble Of Choice Hayes’ historical analogy is China’s 1990s–2020s property boom, where a five‑thousand‑percent expansion of M2 forced households into apartments, inflating land values and local‑government coffers. In the United States, he contends, the socially acceptable pressure valve will be digital assets. Two policy shifts underpin that call. First, retirement plans—an $8.7 trillion pool—may now allocate to crypto under a recent executive order. Second, the Trump campaign’s floated proposal to eliminate capital‑gains tax on digital assets could, in Hayes’ words, provide “insane war‑driven credit growth” with “no fucking taxes.” The broader attraction for politicians, he claims, is demographic: younger and more diverse investors own crypto in greater proportions than they own equities, so a bull market would “create a broader, more diverse set of people who are pleased with the ruling party’s economic platform.” Related Reading: Bitcoin Correlation To Altcoins Is Collapsing: A Warning Sign? Even a credit‑fuelled boom must find an audience for the mounting federal deficit. Hayes’ solution is the stablecoin sector, which already places most of its assets under custody in US Treasury bills. On-chain data, he notes, suggest that roughly nine cents of every new dollar in total crypto market value migrates into stablecoins. “Let’s assume that Trump propels the total crypto market cap to $100 trillion by 2028,” he writes; “that would create roughly $9 trillion in T‑bill purchasing power.” The mechanism recalls World War II financing, when the Treasury skewed issuance toward short‑term bills. In Hayes’ view, a self‑reinforcing loop emerges: wartime procurement fuels credit expansion, higher credit lifts crypto, larger crypto capitalization feeds stablecoin demand for T‑bills, and those purchases backstop further deficits. Trading Tactics—And The Year‑End Call Against that macro backdrop Hayes declares his investment vehicle, Maelstrom, “fully invested,” and explains why: “It’s pretty simple: Maelstrom is fully invested. Because we are degens, the shitcoin space offers amazing opportunities to outperform Bitcoin, the crypto reserve asset. […] Ether has been the most hated large-cap crypto. No more; the Western institutional investor class, whose chief cheerleader is Tom Lee, loves Ether. Buy first, ask questions later.” His numerical convictions are explicit: Bitcoin $250,000 and Ether $10,000 by 31 December 2025. The Western credit geyser is, he writes, “about to tear the market a new asshole.” Yet he repeatedly reminds readers that these are personal views, not investment advice. At press time, Bitcoin traded at $118,368. Featured image created with DALL.E, chart from TradingView.com

As the crypto market gears up for what many expect to be a major bull run in 2025, top analysts are beginning to share their most realistic price predictions for leading digital assets like Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Binance Coin (BNB), Aptos (APT), and others. Though their forecasts vary in optimism, there’s a shared consensus that significant gains are likely on the horizon.  Bitcoin, Ethereum, LINK, BNB And Aptos Price Forecast  As excitement builds around the next potential crypto bull run, well-known crypto analyst and YouTube host Altcoin Daily has released a fresh batch of “realistic” price predictions for major digital assets expected to perform strongly in 2025.  Related Reading: The Final Bitcoin Act: Here’s What To Expect As BTC Trends Sideways In the forecast posted on X social media, Bitcoin is expected to reach a peak of $150,000 during the next bull market. Currently trading at $117,629, the flagship cryptocurrency has pulled back from its recent all-time high above $123,000. To reach the projected $150,000 target, BTC would need to surge by roughly 27.52% from its current level.  Ethereum, the second-largest cryptocurrency, is also set for significant gains this cycle. Altcoin Daily forecasts that the altcoin is likely to hit $5,000 in 2025. Over the past few weeks, Ethereum has posted strong gains, overcoming key resistance and emerging from a prolonged consolidation phase. Now trading at $3,696, the top altcoin has surged by an impressive 61.45% over the past month. From this level, ETH would need to climb approximately 35.26% to reach a $5,000 peak. Weighing in on other major altcoins, Chainlink, the leading decentralized oracle provider, is expected to rise to $30, representing a potential surge of over 57% from its current price of $19.1. As for Binance Coin, Altcoin Daily anticipates a strong rally toward the $1,000 mark from BNB’s current price of $759.  For the final forecast, Altcoin Daily sets a $10 target for Aptos, a relatively newer Layer-1 blockchain. At the time of writing, the token is trading at $5.25, meaning it is expected to surge by approximately 90.5% to reach the expected peak.  Realistic Targets For 2025 Altcoin Season Offering a significantly more inclusive forecast, crypto analyst Domba.eth took to X to share realistic price targets for 19 major cryptocurrencies ahead of the anticipated 2025 altcoin season. In line with Altcoin Daily’s projection, Domba.eth forecasts a relatively similar peak range for BTC, ETH, and BNB. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? The analyst’s projection also extends to cryptocurrencies not covered by Altcoin Daily, including Solana, XRP, and Cardano. Notably, Solana is expected to rise between $300 and $500 during the upcoming altcoin season, suggesting a possible surge of 50% to 152% from its current price of $199.1.  XRP, which recently saw a sharp rally above $3.5, is forecasted to rise between $3.2 and $4.7, assuming positive sentiment remains strong and legal clarity improves. Meanwhile, Cardano is expected to reach a range of $1.2 to $2.1, representing a potential gain of roughly 38% to 141.4% from its present price of $0.87. Featured image from iStock, chart from Tradingview.com

Bitcoin is turning heads once again as it climbs steadily within a rising channel, teasing a potential explosive move. According to chart watchers, the current rally aligns with Wave (5) of an Elliott Wave structure, historically the phase that unleashes the most aggressive price action. With momentum building and institutional demand ramping up, could this be the final leg before Bitcoin launches toward uncharted territory? Rising Channel Holds Firm As Wave (5) Builds Steam In a recent update, market analyst LSplayQ pointed out that Bitcoin is steadily climbing within a clearly defined rising channel, with the price now trading close to $118,000. This structured upward movement signals strong market confidence, with buyers consistently stepping in at higher levels to support the trend. Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High The analysis ties this momentum to an unfolding Elliott Wave formation, where Wave (5) is currently in play. The previous waves have displayed a clean pattern of higher highs and higher lows—a signature of impulsive bullish behavior. This suggests that Bitcoin’s price action is not random but follows a predictable rhythm often seen during strong uptrends. With Wave (5) potentially in progress, LSplayQ believes that Bitcoin could soon challenge the upper boundary of its rising channel. If this plays out as expected, the next target zone could be around the $140,000 region, a level that aligns with the broader technical projection of this ongoing wave structure. A breakout above the rising channel could spark even more aggressive upside, while any signs of weakness near these resistance levels might indicate a short-term pullback. However, the bullish setup remains intact for now as Wave (5) continues to unfold with precision. Institutional Buys Push Forward, But Technicals Urge Patience With institutions like Strategy continuing to accumulate, LSplayQ suggests that Bitcoin still has room to push higher. The growing interest from large-scale investors adds weight to the ongoing bullish momentum, further fueling optimism for an extended rally. Related Reading: Bitcoin Price Eyes $123K Explosion—Traders Brace for Breakout However, there are signs that the market may be nearing a temporary exhaustion point. The Relative Strength Index (RSI) is edging toward overbought territory, hinting at a potential cooling-off period. This doesn’t necessarily signal the end of the trend but could open the door for a short-term correction. Should a pullback occur, traders will likely shift their focus to key support zones. According to LSplayQ, the $99,531 level stands out as a critical area where buyers may step in to defend the uptrend. Holding above that threshold could set the stage for the next leg upward once the consolidation phase concludes. Featured image from Pixabay, chart from Tradingview.com

Strategy (previously MicroStrategy), the world’s largest corporate holder of Bitcoin (BTC), announced on Monday that it had acquired an additional 6,220 BTC during the week spanning July 14 to July 20.  This latest purchase brings the company’s total Bitcoin holdings to an impressive 607,770 tokens, acquired at an aggregate cost of approximately $43.61 billion, averaging $71,756 per Bitcoin. Strategy Stock Slumps Despite GENIUS Act Approval This announcement coincided with a breakthrough in the regulatory landscape for cryptocurrencies, as the GENIUS Act successfully cleared the House and received final approval from President Donald Trump on Friday.  The new stablecoin legislation establishes federal guidelines for stablecoins. The passage of the GENIUS Act has provided a boost to cryptocurrency exchanges like Coinbase Global (COIN) and Robinhood Markets (HOOD), which saw their stock prices rise by 2.2% and 4.1%, respectively, following the news. Related Reading: Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge Despite the favorable regulatory environment, Strategy’s stock did not experience a similar surge. Instead, it fell by 7.2% over the course of Thursday and Friday, marking the company’s worst two-day performance since late May.  This decline mirrored the overall dip in Bitcoin prices, which had recently retreated toward the $117,000 zone from record highs above $123,000 earlier in the past week. Saylor Defends Bitcoin Strategy Reports note that the stock’s performance may have been impacted by a bearish research note from Gus Gala, an analyst at Monness, Crespi, Hardt, who reiterated a Sell rating on Strategy shares with a target price of $200.  Notably, Gala is the only analyst among 17 surveyed by FactSet to rate the Strategy’s stock as a Sell, which could contribute to investor caution. Amid these fluctuations, Strategy’s Chairman Michael Saylor remains a vocal advocate for the company’s Bitcoin strategy. In a recent post on social media site X (formerly Twitter), he encouraged followers to “Stay Humble. Stack Sats,” referring to Satoshis, the smallest unit of Bitcoin, emphasizing a long-term commitment to accumulating the cryptocurrency. Related Reading: Hold On For Dear Life: This Bullish Bitcoin Metric Just Touched A 15-Year High As the market continues to adapt to shifting regulations, crypto supporters are eagerly awaiting the next legislative development: the CLARITY Act.  This bill, which passed the House with a vote of 294-134, aims to create a clearer regulatory framework for digital assets by distinguishing between securities and commodities and delineating oversight responsibilities among various federal agencies. When writing, the market’s leading cryptocurrency trades at $117,500, recording a 14% price surge in the monthly time frame, and nearly 74% year-to-date. With the recent price correction, the Bitcoin price is now 4% below its current all-time high achieved during last week’s rally.  Featured image from DALL-E, chart from TradingView.com

Trump Media experienced a notable uptick in its stock price (DJT) on Monday, closing up 3% after an intraday rise exceeding 5% to reach $19,25 per share. This surge followed the company’s announcement that it had invested $2 billion in Bitcoin (BTC). Two-Thirds Of Assets To Bitcoin Treasury The media group, which encompasses President Donald Trump’s social media platform Truth Social, the streaming service Truth+, and the financial services brand Truth.Fi, revealed that the recent cryptocurrency purchases align with a strategy initially outlined in May to establish a Bitcoin treasury.  According to Trump Media, these Bitcoin assets now represent two-thirds of its total $3 billion in assets, signaling a deepened financial commitment to the world’s largest cryptocurrency. Related Reading: $331M In Shorts At Risk As Ethereum Targets Key Supply Level Devin Nunes, CEO and president of Trump Media, emphasized the company’s unwavering focus on executing its publicly announced strategy. He stated that these assets are designed to secure the company’s “financial independence” and protect it from potential discrimination by financial institutions.  Furthermore, Nunes mentioned plans to introduce a utility token within the Truth Social ecosystem, which could enhance user engagement and create new revenue streams. In addition to acquiring Bitcoin, Trump Media has allocated $300 million towards an “options acquisition strategy” focused on Bitcoin-related securities. Trump’s Regulatory Push Trump’s support for a more supportive regulatory environment in Washington, D.C., has resulted in significant price increases and surging adoption by public traded companies in the digital asset industry. Recently, President Trump signed legislation that establishes the first federal framework for dollar-backed stablecoins, a significant endorsement expected to foster greater adoption of these digital assets under the GENIUS Act.  This move coincides with the launch of World Liberty Financial, a new crypto startup supported by Trump and his sons, which recently introduced its own US dollar-pegged stablecoin, USD1, in collaboration with BitGo. Related Reading: Too Pricey? Expert Says XRP Beats Bitcoin And Ethereum Right Now Trump Media’s ambitious plans include raising $2.5 billion to further expand its Bitcoin treasury. This approach, which blends public equity and debt issuance, has drawn inspiration from Michal Saylor’s pioneering efforts at Strategy (previously MicroStrategy), where the company’s transformation into a Bitcoin powerhouse began in 2020. Despite the stock’s recent rally, the performance of Trump Media has been volatile. Since announcing its Bitcoin treasury strategy in late May, the stock has fallen 25%, and it is down 45% year-to-date. On the other hand, Bitcoin recently reached a new record price above $123,000. Since then, however, the cryptocurrency has struggled to consolidate within its latest range of $118,000 to $119,000 and has fallen back toward its current valuation of $116,960. Featured image from DALL-E, chart from TradingView.com 

The percentage of Bitcoin’s long-term holders’ supply has reached a 15-year high, providing a bullish outlook for the flagship crypto. Asset manager Ark Invest highlighted this development in a recent report and explained what this could mean for BTC going forward.  Bitcoin Long-Term Holders Supply Hit 74% According to the Ark Invest report, the long-term holders’ supply has reached 74% of Bitcoin’s total supply, marking a 15-year high for this metric. The asset manager noted that this trend indicates growing market conviction in BTC’s role as a store of value or “digital gold.” These long-term holders refer to addresses that have held for 155 days or longer.  Related Reading: Michael Saylor Reveals The Only Thing ‘Better Than Bitcoin’ As MSTR Stock Outperforms This development comes at a time when Bitcoin is witnessing massive demand from institutional investors through the ETFs and treasury companies. These investors are considered better ‘diamond-hands’ than retail investors, which means that this metric could keep rising, with long-term holders gaining more control of BTC’s total supply.  This institutional buying has also driven the Bitcoin price to several all-time highs (ATHs) this year, with BTC reaching as high as $123,000 last week. The flagship crypto appears to still be in price discovery, as ETFs led by BlackRock and treasury companies, led by Saylor’s Strategy, continue to accumulate at an unprecedented pace.  Cathie Wood’s Ark Invest is ultra bullish on the Bitcoin price, predicting that it could reach $1.5 million by 2030. They expect BTC to reach this target due to the rising institutional investment and global recognition of Bitcoin’s ability to serve as a store of value. In a CNBC interview, Cathie Wood also doubled down on this prediction.  She explained that they expect BTC to take a significant share from gold or grow the store of value market. Wood added that institutions are still just testing the waters despite the massive accumulation so far. As such, she still expects a rise in adoption for these companies. Meanwhile, only about 1 million unmined Bitcoins are remaining.  Other Bullish Metrics For BTC The Ark Invest report also revealed that global liquidity per bitcoin reached a 12-year high. This metric reached this high with $5.7 million in global M2 supply per BTC in circulation. The asset manager remarked that this ratio could continue to rise given Bitcoin’s diminishing future supply growth and the continued expansion of global liquidity. Related Reading: This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast Meanwhile, in June, Bitcoin managed to hold above the support between $96,000 and $99,000 and is now well above these levels. $98,888, $96,278, and $71,393 are BTC’s short-term holder cost basis, 200-day moving average, and on-chain mean, respectively, which is why this development is bullish for the flagship crypto.  At the time of writing, the Bitcoin price is trading at around $19,100, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Bitcoin has already shown a lot of strength in recent times, pushing as high as $123,000 before trailing back down toward $117,000. So far, it looks like the digital asset has hit a roadblock and is now possibly looking at a peak. But analyst Merlijn The Trader has explained that it is far from over for Bitcoin with more rallies to come. He reveals that the Bitcoin price is yet to stage its ‘final act’, which must happen before there are talks of a top. Bitcoin 4-Year Cycle Is Still In Play After the Bitcoin price rallied to new all-time highs pre-halving, which had never happened before, there were talks that the 4-year cycle had been broken. For clarification, the 4-year cycle is tied to the Bitcoin halving events, which take place every four years, cutting block rewards for miners in half. Related Reading: Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible However, the reduction in block rewards is not the only interesting thing about the 4-year cycle, because each halving also ushers in a new bull market. This has been the case for the past three bull cycles, and Bitcoin is also expected to follow this. Historically, the market rallies for around a year after the halving, with the top being reached one year later. Going by this trend, the Bitcoin price and the crypto market at large are expected to keep rallying before topping later this year. Pointing to this 4-year cycle, the analyst forecasts another stretch of price increases. The chart shows that price often declines for one year and then rallies for three years, and so far, the Bitcoin price has only been rallying for two, leaving 2025 as another year for rallying. Additionally, Bitcoin is still a long way from levels that have previously marked the top of previous bull markets. Thus, there is still a while before it hits its peak in 2025. Besides, each bull cycle has seen Bitcoin rise 3x higher than its previous all-time highs, and it is year to hit even 2x higher than its previous $69,000 high. How High Can BTC Go? If the 4-year cycle is still in play, then it means that the Bitcoin price rally is far from done. In the analyst’s chart, he shows the possible top for Bitcoin based on past cycles, and BTC is still in the middle of the box. The top of this box puts the BTC price at around $200,000 before a top can be reached. Related Reading: XRP Hits New ATH, But $3.12 Retest Still In Play The analyst warns that Bitcoin is about to enter what he refers to as the “greenest stretch of them all”, pointing to another rally to all-time highs. If this forecast plays out, then Bitcoin is expected to see another 50% rally before the bull market is done. Featured image from Dall.E, chart from TradingView.com

A rumor is rapidly spreading among crypto investors that the US government may have quietly sold off nearly 170,000 BTC, leaving a fraction of its assumed holdings intact. The speculation began after the US Marshals Service, in response to a FOIA request, revealed that it currently holds only 28,988 BTC valued at approximately $3.4 billion.  Many crypto investors took this disclosure to mean that the federal government’s total Bitcoin reserves had declined from the long-assumed figure of around 200,000 BTC. The claim was amplified across the social media platform X, where even some public figures reacted to what appears to be a massive strategic sell-off by the US government. FOIA Request Misinterpreted The confusion of the US government selling the majority of its Bitcoin holdings appears to stem from misinterpretations of the specific holdings of the US Marshals Service with those of the entire federal government. The FOIA request that sparked the debate was submitted by journalist L0la L33tz, and it accurately reflects that the Marshals control just under 29,000 BTC. However, this only accounts for the Bitcoin under the custody of that particular agency. Related Reading: This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast On-chain data from blockchain analytics firm Arkham Intelligence provides a very different picture. According to Arkham, the US government as a whole still holds approximately 198,000 BTC, worth over $23.46 billion at the current price of Bitcoin. These coins are distributed across various federal agencies and are not limited to the Marshals’ holdings. Nevertheless, the misrepresentation took hold quickly.  Even US Senator Cynthia Lummis, who is a well-known advocate of Bitcoin, responded to the rumor, saying, “I’m alarmed by reports that the U.S. has sold off over 80% of its Bitcoin reserves, leaving just ~29,000 coins. If true, this is a total strategic blunder and sets the United States back years in the bitcoin race.” What If the US Quietly Sold 170,000 BTC? The repercussions on the broader crypto market would be immense if the US government had indeed sold off 170,000 BTC in secret. A sale of that scale would unleash massive selling pressure and cause a strong drop in the price of Bitcoin. This would erode confidence among investors in the wider crypto market and set off a chain reaction of liquidations across other cryptocurrencies. Such a move would not only cause technical breakdowns in price structure but also cancel out the possibility of governments around the world holding crypto as a form of strategic reserve. Related Reading: Bitcoin Dominance Just Got Rejected From TSDT Resistance That Triggered Last Altcoin Season — Details Moreover, such a dump would directly contradict the federal policy direction set earlier this year. In March, President Donald Trump signed an executive order instructing all federal agencies to transfer their Bitcoin and digital asset holdings to the US Treasury. The order formalized the creation of a Bitcoin reserve, which was meant to recognize the cryptocurrency as a national asset. In light of that policy, the notion that the US would quietly sell off the majority of its Bitcoin holdings seems highly improbable under the current Trump administration. At the time of writing, Bitcoin is trading at $118,360. Featured image from Pixabay, chart from Tradingview.com

After rising rapidly over the weekend to hit new all-time highs, the Bitcoin price seems to have hit a brick wall above $120,000, sparking a correction. While this is expected to be a short correction, a notable development involving an 8-year trendline that has marked the top of previous cycles has emerged. If this trendline resistance holds and Bitcoin fails to break it, then it could mean that the top is in, and what usually follows is a drawn-out bear market. 8-Year Trendline Suggests Bitcoin Top Is In Crypto analyst MartyBoots, in an analysis on TradingView, caught a test of a an 8-year trendline which began back in the 2017-2018 cycle, marking the top of multiple bull markets. This trendline continued into the next major bull market and in the 2020-2021 bull market, the trendline once again marked the cycle top, with Bitcoin peaking at $69,000. Related Reading: This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast Presently, the Bitcoin price has once again come in contact with this trendline, and the rejection from here does suggest that this trendline could be the real deal. After hitting above $123,000, Bitcoin was promptly pushed back downward from this level as sell-offs and profit-taking became the order of the day. For this trend to be complete, though, there are a number of things that would need to happen first. For example, the analyst explains that investors should watch for the weakly RSI divergence turning bullish. Additionally, a decline in volume and more rejection wicks for Bitcoin would be confirmation that the price has topped. Marty also explained that the price touching this trendline for a third time increases the odds of it actually playing out the same way it has in the past. If this trendline does mark the top once again, then it could signal the start of another bear market. As the analyst explains, a top marked by this trendline has in the past “triggered multi-month correction and Bear Markets.” Still A Chance For Bullish Continuation The test of this trendline does not necessarily mean that the Bitcoin price has to top at this level, because there is still a chance of bullish continuation. As the analyst explains, a decisive break above the trendline would turn this level into support and trigger further upside. Related Reading: Ethereum Forms ‘Pure Cup And Handle’ Pattern After Hitting $3,000, Analysts Set New Targets In addition to this, there is also a lot of buying pressure on the Bitcoin price despite the profit-taking. More importantly is the fact that very large orders await at the $114,000 level. This shows a lot of demand for BTC, something that could drive the price upward as the cost basis for investors remains on the rise. Nevertheless, the analyst advises caution at this level until there is a confirmation either way. “Risk-management alert: consider tightening stops, reducing leverage, or hedging until trendline fate is resolved,” Marty said in closing. Featured image from Dall.E, chart from TradingView.com

Bitcoin Dominance (BTC.D) has hit a critical turning point after getting sharply rejected from a TSDT resistance level that previously marked the start of a massive altcoin season. As the market reacts to this technical signal, analysts are closely watching for signs that a new altcoin season could be underway—one that could potentially mirror the explosive shift seen in 2021.  Bitcoin Dominance Chart Signals Repeat Of 2021 Altcoin Season A new crypto analysis by market expert Tony Severino, posted on X social media on July 15, reveals that Bitcoin Dominance has once again faced a sharp rejection from the crucial TSDT resistance area near 65%. This level represents a technical ceiling that previously triggered a complete rotation of capital from BTC to alternative cryptocurrencies, fueling the famous altcoin season in early 2021.  Related Reading: Bitcoin Dominance Falls: 9 Factors To Watch For That Says The Altcoin Season Has Begun The analyst’s monthly chart shows Bitcoin Dominance steadily climbing from mid-2022, peaking at around 65% in July 2025 before being rejected. This behavior mirrors the price action observed in late 2020 to early 2021, when BTC.D also reached this zone, got rejected, and then plunged—triggering a full-blown altcoin rally.  Currently, Severino’s chart shows that Bitcoin Dominance sits at approximately 64.07%, just under the TDST resistance at 63.83%, with a notable candle forming after a strong uptrend. The analyst has indicated that if history repeats itself in this current cycle, it may result in a similar capital inflow into altcoins, possibly igniting the next altseason.  Furthermore, the chart outlines key technical thresholds, including the TDST resistance, a TDST risk around 57.11%, and TDST support down at 40.08%. A decline toward these lower levels would indicate a significant drop in BTC dominance and further reinforce a pro-altcoin environment.  Altcoin Supercycle Incoming Crypto analyst Merlijn The Trader has also shared insight on the possibility of an explosive altcoin season this bull cycle. The analyst stated on X that a historical pattern between the US Dollar Index (DXY) and Bitcoin Dominance appears to be repeating, signaling the beginning of a new altcoin supercycle.  Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? According to his chart, three major DXY bull traps have been identified since 2016, each followed by a dramatic decline in BTC.D and a strong rally in the altcoin market. The first two DXY bull traps, which occurred around 2017 and 2020, both triggered significant breakdowns in BTC.D—plunging from over 90% to around 35% in 2018, and again in 2021. These breakdowns marked the start of powerful runs, now recognized by the analyst as altcoin supercycles.  The current market structure now suggests that the next leg lower could be imminent, with BTC.D beginning to trend downward again. If history repeats itself, this setup implies a weakening dollar, declining Bitcoin Dominance, and the potential for altcoins to outperform significantly in the coming months. Featured image from Pixabay, chart from Tradingview.com

A provocative post published on July 14 by long‑time Bitcoin advocate and “Taproot Wizard” Udi Wertheimer has ignited fresh debate over whether the cryptocurrency is on the cusp of what he calls a “generational run the likes of which we’ve never seen.” Bitcoin’s Generational Run Writing on X, Wertheimer contends that Bitcoin is emerging from a rare “rotation” in which early, price‑sensitive holders have surrendered their coins to newcomers—chiefly exchange‑traded‑fund investors, corporate treasuries and even nation‑states—who are largely indifferent to the unit price. “Many, if not most, of old big holders have rotated out of the asset,” he asserted, adding that once such rotations succeed, “what follows is a rally in multiples previously considered unimaginable.” Wertheimer frames his case through an exhaustive retrospective on Dogecoin’s 2019–2021 ascent, arguing that Bitcoin now occupies an analogous position. He recounts how an April 2019 tweet by Elon Musk (“dogecoin might be my favorite cryptocurrency”) triggered an initial 50 percent spike that lulled veteran traders into distributing their bags, only for TikTok‑driven retail inflows to drive the meme coin from roughly $0.0025 to nearly $1 within two years. “Crypto natives thought they knew it was a huge deal, but they underestimated it BY A LOT,” he wrote, describing the move as “the first dogecoin mindfuck,” followed by an even larger “second mindfuck” once legacy sellers exhausted their supply. Related Reading: Bitcoin Returns Under $117,000: Is Social Media FOMO To Blame? Transposing that template onto Bitcoin, Wertheimer insists that “the real move didn’t even start yet.” He claims that traditional capital‑market participants—embodied for him by BlackRock’s iShares Bitcoin ETF (ticker: IBIT) and Michael Saylor’s MicroStrategy—are blind to earlier cycle highs because they measure performance from the January 2024 ETF launch or in dollar‑notional terms, respectively. Referencing IBIT price surge from $30 to $70, Wertheimer says: “‘It’s only up $40! That’s nothing! Why not $700?’ […] They’re completely insensitive to the bitcoin price,” he adds of treasury‑based buyers, arguing that such entities simply “shove as many dollars as they can.” On price targets, Wertheimer is explicit: “I have a high degree of confidence that we’ll see $400k by the end of this year. This target might be too conservative.” He further predicts an additional order‑of‑magnitude revaluation once “the entire world starts to believe,” echoing Dogecoin’s second‑wave frenzy. “We’re just entering the first mindfuck,” he writes. Related Reading: Unraveling The Bitcoin Boom: Experts Decode Record $123,000 Surge The thread reserves particular ire for competing crypto assets. “Your altcoins are fucked,” Wertheimer declares, suggesting that short‑lived spurts of outperformance will not match the “sheer amount of capital flowing into bitcoin.” He singles out Ethereum as “the biggest loser of the cycle,” forecasting that MicroStrategy’s equity capitalisation could surpass Ether’s market value and arguing that persistent selling by “old bagholders” will cap any relative rally. “ETH/BTC will continue to print lower highs,” he predicts, adding that incoming treasury‑style buyers would need “years” to absorb legacy supply before Ethereum can stage a true breakout. In a direct call to action, Wertheimer tells readers that “you will actually be able to retire off of 1 bitcoin,” urging immediate accumulation and warning that waiting for price dips is futile now that “old holders are out.” He closes with a plea stark in its simplicity: “Wall Street is buying all of the bitcoins … please buy some bitcoin before there isn’t any left.” Wertheimer’s thesis hinges on the notion that seller‑exhaustion dynamics proven in a small‑cap meme coin can translate, mutatis mutandis, to Bitcoin’s vastly larger market. Whether that analogy holds will be tested in the months ahead; for now, his post has sharpened the fault line between long‑term Bitcoin maximalists and a broader crypto community still weighing the merits—and risks—of what he calls “the first mind‑fuck” of a potentially epoch‑defining rally. At press time, BTC traded at $118,686. Featured image created with DALL.E, chart from TradingView.com

The altcoin season has remained elusive because Bitcoin has continued to dominate the market. Even now, the largest cryptocurrency by market cap is still in the lead and continues to determine the direction of the rest of the crypto market. However, there is a turn in the tide coming as more altcoins begin to play catch-up. In particular, the coins in the list of Top 100 altcoins by market cap look to be on the verge of ushering in the next altcoin season. Altcoin Season Index Fires Into The Green The Altcoin Season Index is an index that charts the performance of the Top 100 altcoins by market cap against the performance of Bitcoin to determine when the altcoin season is in full bloom. This index, which goes from 1-100, is ranked by how many top 100 altcoins are outperforming BTC over a 90-day period, and when this figure rises to the 75% mark, it often signals that the altcoin season has begun. Related Reading: Bitcoin Is Not Stopping At $123,000 — Technical Indicators Point To $140,000 Top Over the last few months, altcoins have performed quite terribly in comparison to Bitcoin, and this has led to the Altcoin Season Index dropping toward peak lows. The index hit a score of 12 back in June 2025, showing that only 12 altcoins had outperformed Bitcoin over the 90-day timeframe. During this time, the Bitcoin dominance also rose rapidly, reaching as high as 66%, and signaling that most of the attention was on BTC during this time. However, the month of July has come with good tidings for the altcoin market as the index has seen its score more than double from its June lows. According to data from CoinMarketCap, the Altcoin Season Index has now crossed a score of 30. It also shows that during this time, 32 coins have outperformed Bitcoin’s 40% increase in the last three months. Interestingly, the meme coins are once again leading the rally with the likes of PENGU and MemeCore rallying over 500% in the 90-day period. HyperLiquid’s HYPE has also performed quite well, with CoinMarketCap data showing it has risen more than 230% in 90 days. Bitcoin Dominance On The Verge Of Collapse? So far, the Bitcoin dominance has maintained its position in the 60th percentile, and this has remained so for the last 90 days. However, over the last two weeks, there has been enough decline in the dominance to spark a ray of hope among investors, and that is a 3% drop toward 63%. Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst Going by historical performance, though, the Bitcoin dominance would need to drop much more than this for altcoin season to begin in full bloom. For example, back in 2017, the Bitcoin dominance crashed from above 95% to around 50% before the altcoin season began. Again, in 2017, the dominance fell from above 70% to around 41% before the altcoin season began. Going by this trend, the Bitcoin dominance would need to see a drop back into the 40% region, and possibly the 30% region, for the altcoin season to really take hold. But as long as the dominance remains high, then Bitcoin would continue to lead the market, and altcoins could continue to struggle. Featured image from Getty Images, chart from TradingView.com

A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC—worth roughly $4.68  billion at prevailing prices—to New York‑based trading giant Galaxy Digital. The address had held 80,009 BTC in total and had never previously moved funds in the modern era. According to on‑chain sleuth Lookonchain, “the Bitcoin OG with  80,009 BTC ($9.46 B) has transferred  40,009 BTC ($4.68 B) to Galaxy Digital,” and Galaxy “has directly deposited 6,000 BTC ($706 M) into Binance and Bybit.” Bitcoin OG Whale Awakens The activity began late Monday evening (UTC). First, 9,000 BTC—about $1.06 billion—left the dormant wallet, followed an hour later by another 7,843 BTC ($927 million) Over the next five hours several smaller tranches arrived at Galaxy Digital’s custodial accounts before the decisive push that brought the running total to 40,009 BTC. Blockchain explorers show the coins originated from a bech32 address that first received block rewards in early 2011, when bitcoin changed hands for less than one US dollar. Related Reading: Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here Notably, Galaxy Digital operates one of the largest over‑the‑counter (OTC) desks in the industry and regularly intermediates block trades for institutions seeking to avoid slippage on public venues. The firm advertises “premier execution” and bespoke liquidity provisioning for trades that are too large for order‑book execution. On‑chain analysts therefore read the wallet’s choice of counterparty as a signal that the owner intends to liquidate at least part of the hoard discreetly rather than deploy it into DeFi or cold storage. Within hours of receiving the coins, Galaxy split 6,000 BTC between Binance and Bybit, the two venues that currently post the deepest spot‑BTC liquidity. Bitcoin had just printed an all‑time high of $123,153 on 14 July, buoyed by Washington’s “Crypto Week” legislative push. As the OG whale’s transactions hit public mempools, spot prices recoiled more than 6%, sliding from $123,000 to an intraday low near $115,700 before stabilising around $116,900 at press time. Related Reading: The Bitcoin Liquidity Supercycle Has Just Begun, Says Hedge Fund CEO With half of the stash now under Galaxy’s control and only a fraction confirmed as exchange deposits, traders are bracing for further transfers. If Galaxy executes an OTC cross, the impact could be muted; if the coins bleed into order books, bids at $112,000‑$115,000 will face a major test. US Inflation Data Dampens Sentiment However, today’s price drop can not solely be attributed to the OG whale’s doing; it coincided with the US Bureau of Labor Statistics’ June CPI print, which showed headline consumer prices rising 0.3 % month‑on‑month and 2.7 % year‑on‑year—up from 2.4 % in May—while core CPI ticked up 0.2 % on the month and 2.9 % on the year. The modest print pushed the dollar index above 95.5, and risk assets have been whipsawing ever since. “The price action on the dollar pretty much tells you everything you need to know about this CPI report—mixed and the market is trying to digest it and to figure out the direction today,” observed Daan Crypto Trades on X. At press time, BTC stood at $116,972. Featured image created with DALL.E, chart from TradingView.com

A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to $120,000 months ago has returned with a bold new forecast that could redefine investors’ expectations for the rest of the cycle. Using a detailed Elliott Wave structure and historical halving patterns, the expert outlines what could be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH target.   Bitcoin Parabolic Phase Still Ahead Following Bitcoin’s explosive rise above $123,000 in a single day, crypto analyst XForceGlobal reaffirmed his earlier predictions and intensified his bullish outlook. He now asserts that Bitcoin is in the early stages of a much larger breakout, with the final and most parabolic phase of its rally yet to unfold.   Related Reading: Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here The analyst Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here a detailed chart showing that Bitcoin is now trading over $40,000 above its Wave 2 bottom of the macro 5th. This indicates that the market could be transitioning into Wave 3 of a larger Elliott Wave impulse pattern. The chart also visually segments previous bull market runs into distinct macro phases, each unfolding after a halving cycle. Every phase began with a consolidation period, followed by exponential growth and eventual correction.  Bitcoin’s price history is further marked by the halving events in 2012, 2016, 2020, and 2024—all of which have consistently preceded major bullish rallies. The latest halving, which occurred in April 2024, is now expected to lead to an intermediate-term rally that may extend BTC’s price beyond $270,000 before entering another corrective phase.   While XForceGlobal maintains a bullish long-term outlook for Bitcoin, he urges investors to be cautious and aware that the final wave may generate market euphoria before a significant decline sets in. His projected roadmap shows a steady bullish climb toward $272,832, followed by a potential retracement to around $41,646, marking a steep 85% crash from the top.  During his analysis, the market expert highlighted the difference between smart and dumb money during this bullish phase of the cycle. He claimed that smart investors have already mapped out their exit strategies, understanding that success comes from early planning rather than spontaneous decisions. He also added that with the market yet to reach a climax, there’s still time to prepare an exit before red flags emerge. Analyst Predicts $155,000 As Bitcoin’s Next Stop  In a follow-up X post, XForceGlobal forecasted Bitcoin’s next short-term price target at $155,000. This prediction comes as BTC recently rallied past $123,000 before undergoing a pullback, now trading slightly above $116,800. According to the analyst, Bitcoin remains firmly in an extended Wave 3, which traditionally represents the most impulsive and powerful phase of the Elliott Wave sequence. Related Reading: Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’ XForceGlobal’s chart reveals that Bitcoin recently broke out from a complex WXYXZ correction structure, which served as the launchpad for the present rally. His projection suggests that BTC is now forming a five-wave structure targeting the $140,000-$155,000 range, with macro-level corrections expected along the way.  Featured image from Pixabay, chart from Tradingview.com

In a major display of bullish momentum, the market’s leading cryptocurrency, Bitcoin (BTC), surged to a new record high on Monday, surpassing $123,000 for the first time.  US House Kicks Off ‘Crypto Week The Bitcoin price climbed more than 90% year-to-date with Monday’s rally, reaching $123,200, and reflecting a nearly 15% increase over the past month.  This upward momentum coincides with the US House of Representatives’ “crypto week,” which will feature debates on legislation aimed at reducing regulatory hurdles that have long been viewed as obstacles for the cryptocurrency sector. Related Reading: Fibonacci Maps Dogecoin Path To $23—Is It Too Far-Fetched? One of the key pieces of legislation set for discussion in the House is the GENIUS Act, which aims to establish regulatory frameworks for stablecoins. Proponents of the GENIUS Act argue that it is a groundbreaking initiative that formalizes a critical aspect of the cryptocurrency industry.  They believe it will enhance consumer protections, facilitate the entry of traditional financial institutions, and contribute to the growth of the digital currency market. Conversely, critics assert that the bill represents a “weak set of regulations” that may not adequately safeguard consumers or prevent illicit trading activities involving stablecoins. Growing Support For Crypto Regulation In addition to the GENIUS Act, the House will also debate measures to clarify the federal government’s regulatory approach to cryptocurrencies and proposals that could prevent the Federal Reserve from issuing its own digital currency.  Bryan Armour, director of passive strategies research at Morningstar, remarked that this legislative push reflects a series of favorable developments for the crypto industry since President Donald Trump’s election in November. Since then, Bitcoin’s price has surged nearly 80%. As “crypto week” unfolds, Armour suggests it signals a continuation of supportive policies under the Trump administration. However, Trump’s involvement in the cryptocurrency space has raised concerns about potential conflicts of interest.  For instance, his backing of World Liberty Financial’s stablecoin, USD1, has led to significant investments in major exchanges like Binance, which critics say creates opportunities for Trump’s business to profit.  Despite these concerns, Trump has denied any wrongdoing, and a White House spokesperson has stated that his financial assets are managed in a trust to avoid conflicts. Bitcoin ETFs Propel Price Surge  The recent surge in Bitcoin prices has also been fueled by the US approval of Bitcoin exchange-traded funds (ETFs) last year. These investment vehicles have proven to be successful, with record-breaking amounts of capital moving into them. Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst The overall asset value of Bitcoin ETFs has reached a record high of over $158 billion, driven by a wave of investments that included over a billion dollars flowing into these funds on consecutive days last week. Nikhil Bhatia, a finance professor at the University of Southern California, noted that the approval of Bitcoin ETFs has contributed significantly to institutional adoption of Bitcoin, signaling a return to a bullish market sentiment.  As of this writing, BTC’s price has retraced back to the $117,000 level, 4.3% below its recently achieved all-time high.  Featured image from DALL-E, chart from TradingView.com

Global investment bank TD Cowen has recently revised its price target for Strategy’s (previously MicroStrategy) stock, MSTR, raising it from $590 to $680 per share and a bullish prediction for Bitcoin (BTC) prices, which could soar to $155,000 by December.  Possible 53% Drop For Bitcoin The firm’s study outlines a base-case scenario for Bitcoin at $128,000 by year-end, with a more pessimistic outlook placing it as low as $55,000, which could mean a major 53% crash from current prices.  TD Cowen analysts assert that a significant increase in Bitcoin prices is expected to positively impact Strategy’s share price, given its status as the world’s largest corporate holder of Bitcoin. Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst On July 14, Strategy purchased an additional 4,225 BTC for $472.5 million, averaging $111,827 per coin. This latest acquisition brings the company’s total Bitcoin holdings to an impressive 601,550 BTC.  Analysts at TD Cowen noted that what began as a defensive measure to preserve the value of its assets has evolved into a proactive strategy aimed at enhancing shareholder value.  Strategy plans to continue acquiring Bitcoin through proceeds from upcoming debt and equity offerings. The firm anticipates that Strategy will raise around $84 billion through its innovative “42/42” plan, which involves an equal mix of debt and equity, potentially increasing its Bitcoin reserves to 900,000 BTC by the end of 2027.  Strategy As Strong Investment Option TD Cowen has initiated buy ratings on Strategy’s preferred shares, emphasizing their attractive income potential and price appreciation, which are expected to be less volatile than common shares or Bitcoin itself.  This endorsement comes after the firm first recognized Strategy’s Bitcoin strategy in 2023, describing it as a “paradigm shift.” At that time, they highlighted the company’s approach of utilizing cash from its software business to invest in Bitcoin as a long-term hedge against dollar inflation.  Analysts believe that Bitcoin’s finite supply makes it a more reliable store of value compared to traditional currencies or gold, presenting Strategy as an appealing option for investors looking to gain Bitcoin exposure. Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World Use Finally Here? As institutional adoption of cryptocurrencies accelerates, Strategy’s acquisition strategy has become a blueprint for other corporate treasuries.  The company’s total investment in Bitcoin now stands at $29.27 billion, yielding substantial unrealized gains with a cost basis of $71,268 per BTC.  The latest report and Strategy’s recent purchase coincided with Bitcoin hitting a new all-time high, surpassing $123,000, underscoring the growing acceptance and adoption of BTC in the financial landscape. Nevertheless, the cryptocurrency has retraced to $117,000 in an attempt to find its next support level before moving on to uncharted territory once again if buying demand persists among investors. Featured image from DALL-E, chart from TradingView.com 

The Bitcoin price is once again commanding the spotlight as bullish momentum propels the leading cryptocurrency to new all-time highs. With the price already breaking past the $122,000 mark, analysts are growing increasingly confident in the potential for even higher targets. A recently shared chart analysis by market expert CrediBull Crypto suggests that the current rally is far from—and most importantly, no major dips are expected along the way. As a result, he has forecasted that BTC could see a significant price surge to $155,000 soon.  Bitcoin Price Action Clears Path To $155,000  Bitcoin’s momentum continues to gather steam, with technical indicators from CrediBull Crypto’s wave analysis report signals a bullish continuation that could propel the cryptocurrency’s price to $155,000 in the coming weeks. The analyst’s new wave count projection suggests that Bitcoin is firmly in the middle of a powerful upward leg, with minimal signs of a pullback ahead.  Related Reading: Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’ CrediBull Crypto’s shared price chart highlights a well-formed textbook Elliott Wave structure that suggests that Bitcoin is in the early stages of a strong Wave 3. Notably, BTC’s recent breakout above the $112,000 range shifted market sentiment in a bullish direction. What once served as resistance was quickly flipped to support, and now price action is clearing a path toward even higher ATH targets as momentum continues to build. A critical factor supporting the analyst’s optimistic BTC outlook is the daily demand zone between $98,000 and 101,000. This area served as the launch point for the previous rally above $112,000 and has remained untested ever since. With selling pressure diminishing and strength building, CrediBull Crypto believes that the price of Bitcoin will stay well above the $110,000 level.  He also views a retest to $112,000 or a decline to $110,000 or below as highly unlikely under current bullish conditions. According to the analyst, Bitcoin’s projected path forward places it near $135,000 by the completion of Wave 3, followed by a brief period of consolidation before a final push toward $155,000.  Bitcoin Rise Above $120,000 Is Just The Beginning As Bitcoin continues its ride above $120,000, Crypto Fella, a market expert on X, has cited the potential for the cryptocurrency to enter price discovery mode and skyrocket to uncharted levels. The analyst’s chart highlights a well-defined ascending trendline beginning in early 2023, with three distinct rally zones marked by purple rectangles. Each of these phases showcases consolidation followed by an aggressive upward move, suggesting a clear pattern of accumulation and breakout.  Related Reading: Market Expert Says It’s Now ‘Illegal’ To Short Bitcoin, Here’s Why The current leg of Bitcoin’s rally appears to mirror this trend from past bullish cycles but with greater force, hinting that the leading cryptocurrency could be on the verge of a parabolic surge. A key target identified in Crypto Fella’s analysis sits around the $138,206 level, which aligns with the projected continuation along the trendline. This level represents the next major psychological resistance and could mark the entrance into a new phase of price discovery. Featured image from Pixabay, chart from Tradingview.com

Shaco AI, in a fresh update, highlighted that Bitcoin is showing off its moves, dancing upwards past both the 25-hour ($119,088.50) and 50-hour ($118,338.56) Simple Moving Averages. With such momentum, it’s clear BTC has decided it’s not a bear season yet. Momentum And Indicators Shaco AI’s analysis on Bitcoin dives deep into the technical indicators, and there’s no shortage of bullish energy in the air. First off, the Relative Strength Index (RSI) is currently riding high at 86.02. That’s well into overbought territory, and as Shaco colorfully put it, “it might need to hydrate soon.” Such elevated RSI levels often signal a potential cooldown on the horizon, but for now, momentum is favoring the bulls. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Adding fuel to the trend is the Average Directional Index (ADX), which sits at a robust 44 points. According to Shaco AI, this reading confirms that the current uptrend is strong and well-supported.  The MACD (Moving Average Convergence Divergence) indicator is also reinforcing this bullish narrative, with a reading of 967.98. Shaco described it as “screaming positive vibes,” a signal that buying pressure continues to dominate. A rising MACD in conjunction with a strong ADX often paints a picture of confident market participants driving the trend with conviction. One of the most telling signs is volume. Shaco pointed out that Bitcoin’s trading volume has surged to 2704.5, a significant leap above its average of 856.81. He described this as “some serious weight lifting in buying interest,” underscoring that this isn’t a weak or speculative move — traders are putting real capital behind the rally. Support And Resistance: Bitcoin Make-Or-Break Levels The analyst went further to highlight key levels traders should closely monitor. He noted, “Key Levels Alert: Keep an eye on the resistance at $122,666.0 and support sitting firm at $116,900.05. It feels like Bitcoin is playing ‘The Floor is Lava’ with support levels!” This colorful analogy points to the importance of holding key support to maintain bullish momentum. Related Reading: Bitcoin Consolidation Continues: 2 Key Support Levels To Watch According to Shaco AI, if Bitcoin can sustain a move above the current resistance zone, traders might want to watch for a potential breakout. However, with the RSI already deep in overbought territory, there’s also the possibility that BTC may “peak too soon,” leading to a pullback or brief consolidation phase. He wrapped up the post with a reminder that while momentum is clearly favoring the bulls, it’s essential to stay cautious. “Always make well-informed decisions and manage your risk carefully,” the analyst advised, reinforcing the importance of strategic planning in a volatile market. Featured image from Pixabay, chart from Tradingview.com