Bitcoin price is still above the $117,500 support zone. BTC is rising and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a decent upward move from the $116,000 zone. The price is trading near $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,620 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,620 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price started a downside correction from the $119,796 high. BTC declined below the $119,000 and $118,500 support levels to enter a short-term bearish zone. The bears pushed the price below the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The decline gained pace and the price even spiked toward the $116,000 support zone where the bulls appeared. They protected the 76.4% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The price is again rising above $118,000. Bitcoin is now trading near $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,620 level. There is also a bearish trend line forming with resistance at $118,620 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,200 level. The next resistance could be $119,800. A close above the $119,800 resistance might send the price further higher. In the stated case, the price could rise and test the $120,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Another Decline In BTC? If Bitcoin fails to rise above the $118,620 resistance zone, it could start another decline. Immediate support is near the $117,500 level. The first major support is near the $116,250 level. The next support is now near the $116,000 zone. Any more losses might send the price toward the $114,500 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $117,500, followed by $116,250. Major Resistance Levels – $118,620 and $119,800.
Bitcoin faced renewed selling pressure on Wednesday, falling 0.45% to $118,446.5 as traders braced for pivotal macroeconomic events. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution This drop comes amid heightened caution ahead of the Federal Reserve’s July policy meeting and the looming implementation of steep U.S. tariffs on August 1. Despite a strong July performance, the flagship cryptocurrency remains under pressure due to profit-taking and broader market uncertainty. The decline follows a stretch of consolidation near the $120,000 level, a psychological resistance zone that prompted selling from long-term holders and institutions. Even Strategy’s historic $2.5 billion Bitcoin acquisition, adding 21,021 BTC, failed to spark a rally, suggesting investor fatigue and risk aversion are taking hold. BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Fed Decision and Tariff Jitters Weigh on Sentiment Investor focus remains fixed on the Federal Reserve’s rate decision, with expectations that the central bank will hold interest rates steady. However, analysts remain divided on the Fed’s longer-term stance amid calls for cuts by President Trump and signs of economic cooling. Market concerns are further amplified by impending U.S. tariffs ranging from 15% to 50%, set to take effect at the start of August. Although tariffs don’t directly impact crypto prices, they influence global sentiment and contribute to increased volatility across risk assets like Bitcoin. Meanwhile, the market is also awaiting a White House report that could outline the U.S. government’s Bitcoin holdings and clarify its stance on establishing a strategic Bitcoin reserve. Altcoins Follow Bitcoin’s Retreat Bitcoin’s pullback echoed throughout the broader crypto market. Ethereum, the leading altcoin was one of the assets that made a dip, falling by over 2% to $3,781.5. Related Reading: Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin This caused a ripple in the altcoin space with some of the major names recording similar drops: XRP fell 0.6% to $3.1290 Solana dropped 2.1% Cardano declined 1.6% Dogecoin slipped 2.2% $TRUMP coin shed 2.6% With volatility indicators tightening, analysts warn that a significant price move may be imminent as the market awaits the Fed’s outcome and macroeconomic clarity. Cover image from ChatGPT, chart from Tradingview
Cardano founder Charles Hoskinson made headlines this week with a bold forecast. He told investors that ADA could rise as much as 1,000× from its current level. Bitcoin, he argued, has less room to run. His comments came as Bitcoin traded around $118,000 and Cardano lingered around $0.78. Related Reading: Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says Bold Claim On Returns According to Hoskinson, Bitcoin’s market cap of about $2.35 trillion leaves it with only a potential 10× upside to hit a $1 million price. By contrast, ADA sits close to $28 billion market cap. He said that a 100× move would bring ADA close to $77.90, while 1,000× would push it toward $779 per coin. Those figures imply a Cardano market cap around $27.5 trillion. It’s a gap so large that few expect it to close without major shifts in adoption or regulation. ????ADA can 1000X, Bitcoin can’t — Charles Hoskinson Charles says $BTC might 10x, but $ADA can go 100x or even 1000x.???? He mocked: “Oh sure, let’s sell ADA for Bitcoin… so we can make less money.”???? pic.twitter.com/YoZR6gUEzr — Coin Bureau (@coinbureau) July 29, 2025 Rising Debate Over Treasury Moves Based on reports, Hoskinson has also proposed converting up to $100 million of the ADA treasury into Bitcoin and stablecoins. The goal is to boost liquidity for a planned Cardano stablecoin. Some community members warn the move could trigger selling pressure on ADA. Others argue it would strengthen the ecosystem’s cash reserves. The plan has drawn criticism from inside and outside the Cardano camp, with BTC supporters calling for a full switch and ADA loyalists pushing back. Cardano’s Role In Bitcoin’s Future According to Hoskinson, Cardano could serve as a yield layer for Bitcoin, adding smart‑contract capabilities to the original chain. He said Cardano “does substantially more” than Bitcoin’s base protocol. If wallets and DeFi apps use ADA as collateral or for staking, he believes that could drive real‑world demand. Yet today’s dApp numbers still lag behind rivals like Ethereum, and developer activity remains well below industry leaders. Huge Numbers Highlight Gap Based on market caps, a 1,000× ADA rally would vault Cardano past the world’s biggest companies and many national economies. By comparison, Bitcoin shooting for another 10× gain would keep it in the same league it already dominates. The sheer scale needed for ADA to match those multiples has few precedents in financial history. Related Reading: Countdown To August 15: What XRP Investors Need To Know What Investors Should Watch According to market observers, the key signals will be developer growth, transaction volumes, and real‑world use cases. ADA holders will also track whether the treasury move happens and how it’s executed. Any large-scale asset swap could shake trader confidence. For now, Cardano’s community will weigh the promise of outsized gains against the risks of execution and market dynamics. Featured image from Unsplash, chart from TradingView
Bitcoin price is still holding the $117,250 support zone. BTC is consolidating and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a downside correction from the $120,000 zone. The price is trading below $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,600 resistance zone. Bitcoin Price Stays Above Support Bitcoin price started a fresh increase above the $118,000 zone. BTC climbed above the $118,500 and $118,800 resistance levels to move into a positive zone. The bulls were able to push the price above the $119,500 resistance. A high was formed at $119,796 and the pair is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. Bitcoin is now trading below $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,500 level. There is also a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,250 level. The next resistance could be $119,800. A close above the $119,800 resistance might send the price further higher. In the stated case, the price could rise and test the $120,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Downside Break In BTC? If Bitcoin fails to rise above the $118,600 resistance zone, it could start another decline. Immediate support is near the $117,250 level or the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,796 high. The first major support is near the $116,650 level. The next support is now near the $115,950 zone. Any more losses might send the price toward the $114,500 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $117,250, followed by $116,650. Major Resistance Levels – $118,600 and $119,800.
Global interest in stablecoins has hit unprecedented levels, with Google searches for the term “stablecoins” reaching an all-time high in July 2025. Related Reading: Analyst Forecasts Major Surge For Ethereum Price, Eyeing $4,000 In Its Best July Yet This spike follows the recent passage of the Guiding and Empowering Nation’s Innovation for US Stablecoins (GENIUS) Act on July 18, signaling a pivotal shift in regulatory clarity and institutional confidence in the sector. Google Data: Parabolic Growth and Market Dominance Data from Coingecko shows that the stablecoin market cap now stands at $272 billion, representing roughly 7% of the total cryptocurrency market. U.S. dollar-pegged stablecoins account for about 98% of this total, with Tether maintaining its dominance at 60%. In the meantime, as stablecoin activity increases, the Bitcoin price trends to the upside as seen on the chart below. Bitcoin price trends to the upside as stablecoin activity heats up. Source: BTCUSD on Tradingview Bitwise Asset Management reported record-breaking stablecoin transactions and issuance across 2025, prompting crypto analysts to call the market’s trajectory “parabolic.” Ethereum-based firm SharpLink summed up the sentiment in a viral post: “You can’t spell ‘stablecoins’ without ‘parabolic.'” GENIUS Act Sparks Institutional Adoption The GENIUS Act, hailed for providing much-needed regulatory structure, has ignited a wave of interest from both retail users and financial institutions. Companies like Interactive Brokers and Robinhood have launched or explored their own stablecoins, aiming to offer 24/7 funding, faster settlements, and increased user engagement. Nassar Al Achkar, Chief Strategy Officer at CoinW exchange, explained that stablecoins are emerging as a “hedge against crypto volatility” and a valuable tool for cross-border payments. “Institutions are entering the space not just for innovation, but for safer investor options,” he added. Stablecoins’ Speculation Set to Change to Foundation The surge in search interest, as measured by Google, and market activity shows a significant transformation in how stablecoins are perceived, from speculative digital assets to foundational elements in global finance. Related Reading: Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming? While challenges remain, particularly around reserve backing and regulatory harmonization, the GENIUS Act appears to have laid the groundwork for a stablecoin-driven financial future. As adoption continues to rise, according to Google data, stablecoins are increasingly positioned beyond being crypto tools, becoming building blocks of the next generation financial infrastructure. Cover image from Unsplash, chart from Tradingview
PayPal has officially rolled out its “Pay with Crypto” feature, allowing U.S.-based merchants to accept payments in over 100 cryptocurrencies. From Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform aims to streamline international commerce with lower fees and faster settlements. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle Merchants can now accept crypto payments from wallets like MetaMask, Coinbase, Kraken, and Binance, with all transactions instantly converted to either U.S. dollars or PayPal’s own stablecoin, PYUSD. This means businesses no longer need to manage wallets or worry about crypto price volatility. With a competitive transaction fee of just 0.99%, PayPal is in line to be a more affordable alternative to traditional credit card processing, which often exceeds 2%. Bridging Wallets and Reducing Barriers for Merchants According to PayPal CEO Alex Chriss, this move targets a $3 trillion crypto market and more than 650 million global crypto users. “We’re removing barriers for global growth,” Chriss said, emphasizing the feature’s ability to connect merchants with buyers worldwide. The system provides near-instant fund access and offers merchants up to 4% in annual rewards when they hold PYUSD balances within the platform. This built-in incentive adds an investment dimension to the tool, enhancing business profitability. The launch also aligns with the expansion of PayPal World, a global partnership unifying the world’s top digital wallets. BTC's price trends to the upside on the daily chart following a re-test around critical support levels. Source: BTCUSD on Tradingview Crypto Momentum to Meet Real-World Utility The launch of “Pay with Crypto” marks another step in crypto’s mainstream adoption. With support for 100+ tokens and direct integration with leading wallets, PayPal is simplifying what has long been a complex and expensive process: cross-border payments. As global regulatory adopts crypto, PayPal’s initiative may serve as a blueprint for how fintech companies can drive innovation while supporting small and mid-sized enterprises in the digital economy. Related Reading: Largest Publicly-Listed BNB Treasury To Launch In The US With $500 Million Raise Whether it’s a shopper in Guatemala buying from a seller in Oklahoma or a global brand expanding reach, crypto payments via PayPal are set to reimagine global e-commerce. Cover image from ChatGPT, BTCUSD chart from Tradingview
Cardano’s founder Charles Hoskinson says Bitcoin wasn’t the only story in crypto’s early days. In the last 12 months, ADA climbed 90%, leaving Bitcoin’s 70% gain behind. Related Reading: Countdown To August 15: What XRP Investors Need To Know He argues that this gap isn’t new—it’s been widening ever since Cardano switched hundreds of millions of dollars’ worth of BTC into building its own network. Cardano Vs. Bitcoin Returns According to interviews with Blockworks co‑founder Jason Yanowitz, Cardano’s early backers traded yen contributions into 108,000 BTC. That stash would be worth about nearly $13 billion today if it had just sat there. Instead, those coins went straight into building Cardano’s network. Based on reports, ADA’s market cap now sits at $30 billion—about 150% higher than the value of the Bitcoin reserve and roughly 2.8 times as much. Really enjoyed this conversation with @IOHK_Charles We covered a lot: politics, psychedelics, his bison + black hawk, his alien search, Japan’s influence on Cardano, personal security, and of course… Why he believes ADA is a better investment than BTC.pic.twitter.com/rB26dLLVpP — Yano ???? (@JasonYanowitz) July 28, 2025 Since launch, ADA has jumped nearly 4,000% from its $0.02 debut in September 2017. Bitcoin has rallied 2,400% from a $4,337 price point in that same stretch. Many investors see those raw numbers and wonder whether they should have picked ADA over BTC from the start. They lay out a clear record of gains. Yet gains aren’t the full picture. Each network serves a different purpose. Bitcoin leans on being a store of value. Cardano mixes staking, smart contracts and on‑chain governance. Future Growth Prospects Hoskinson isn’t stopping at history. He predicts Bitcoin could still make a 10× move to reach $1 million per coin. ADA, by his math, could expand 100× to 1,000×. That puts Cardano’s potential market cap in the $2.8 trillion to $28 trillion range. He points to projects like Midnight, which aims to bring data privacy to blockchains, and to Cardano’s role as a possible “DeFi layer” for Bitcoin. Those are the levers he says can drive the next big leg up. That vision carries plenty of risk. Blockchains often launch big ideas that take time—or never—find their footing. And pushing ADA to a multitrillion‑dollar valuation would demand major real‑world use, plus a flood of new users and developers. Even a 100× gain would redraw the charts, let alone 1,000×. Related Reading: Bitcoin Is A Lifeline, Says Billionaire, As US Faces Debt Time Bomb A Balanced Take ADA’s run has been impressive. It’s clear that building a living network, rather than simply holding coins, can pay off. But calling ADA “significantly better” than BTC turns on much more than past returns. It hinges on successful rollouts, deep user engagement, and fresh use cases that catch fire. Whether Cardano will rewrite blockchain history remains to be seen. For now, investors can look at the numbers, weigh the risks, and decide if they want a piece of a project that bets on being more than just money. Featured image from Unsplash, chart from TradingView
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
Ray Dalio, the billionaire behind Bridgewater Associates, says people should think about putting 15% of their money into gold or Bitcoin. His call comes as America’s debt nears the $37 trillion mark. He argues that holding hard assets can help when paper money loses value. Related Reading: Countdown To August 15: What XRP Investors Need To Know “If you were optimizing your portfolio for the best return-to-risk ratio, you would have around 15% of your money in Bitcoin or gold,” Dalio said during the Master Investor podcast this week. Dalio admits he owns only a little Bitcoin and still leans toward gold. But he’s clear that splitting that 15% between the two is up to each investor. Optimizing For A Debt‑Strained Dollar According to Dalio, the US government will need to sell about $12 trillion more in treasuries over the next year to deal with its growing bill. He pointed out that recent Treasury data shows borrowing in the third quarter of 2025 could hit $1 trillion—$453 billion above earlier estimates—and another $590 billion in the fourth quarter. He warns that printing or selling more debt tends to weaken a currency. That’s why gold and Bitcoin, which aren’t tied to any central bank’s balance sheet, can act as buffers against plain old dollars. Balancing Gold And Bitcoin Dalio said gold remains his go‑to choice. It has centuries of track record against inflation and crisis. Bitcoin, on the other hand, is newer and can swing wildly in price. It’s trading around $118,862, roughly 4% below its July 14 all‑time high of $123,250. While its ups and downs can add spice to returns, they can also give some investors sleepless nights. Dalio suggests you pick a mix that feels right. If you hate big price moves, tilt toward gold. If you can stomach Bitcoin’s roller‑coaster, you might give it a bigger slice. Midway Through The Conversation On Risk He raised the idea back in January 2022 with 1% to 2% in Bitcoin. Now he’s tripling that bucket. That jump shows how fast the mood can shift when national debt climbs. Dalio noted that other Western nations like the United Kingdom face the same “debt doom loop” he sees in the US. He said their currencies may lag behind hard assets, making gold and Bitcoin effective diversifiers when government bills keep piling up. Related Reading: Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’ Role Of Reserve Currencies Despite his nod to Bitcoin, Dalio said it won’t replace the dollar or euro for central banks. He argued that public blockchains lack privacy. Every transaction is visible, so governments could still watch and intervene. Gold, in contrast, can change hands in private after it leaves the vault. That gives it an edge when you want to keep your holdings off the radar. Featured image from Meta, chart from TradingView
Bitcoin price is holding the $117,250 support zone. BTC is consolidating and must clear the $118,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a downside correction below the $118,500 zone. The price is trading near $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,500 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price started a fresh increase above the $117,000 zone. BTC climbed above the $117,500 and $118,800 resistance levels to move into a positive zone. The bulls were able to push the price above the $119,250 resistance. A high was formed at $119,795 and the pair is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $114,733 swing low to the $119,795 high. Bitcoin is now trading near $118,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $118,200 level. There is also a bearish trend line forming with resistance at $118,200 on the hourly chart of the BTC/USD pair. The first key resistance is near the $119,200 level. The next resistance could be $120,500. A close above the $120,500 resistance might send the price further higher. In the stated case, the price could rise and test the $122,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. More Losses In BTC? If Bitcoin fails to rise above the $118,500 resistance zone, it could start another decline. Immediate support is near the $117,250 level or the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,795 high. The first major support is near the $116,600 level. The next support is now near the $115,550 zone. Any more losses might send the price toward the $114,600 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $117,250, followed by $116,600. Major Resistance Levels – $118,500 and $120,500.
Bitcoin (BTC) surged 28% in July, reaching highs near $123,200, fueled by growing institutional adoption and strategic accumulation. Tokyo-listed Metaplanet led the charge, purchasing 780 BTC worth $93 million, bringing its total holdings to 17,132 BTC valued at $1.7 billion. The firm aims to acquire 1% of Bitcoin’s total supply, 210,000 BTC, by 2027, signaling aggressive long-term confidence. Related Reading: Bitcoin Short Squeeze Incoming As Market Makers Set Trap To Go Above $123,000 Despite Bitcoin’s rally, Metaplanet’s stock fell 40% year-to-date due to valuation concerns and investor profit-taking. Nonetheless, this divergence reflects a broader shift, with Japanese firms increasingly adopting Bitcoin as a reserve asset. Analysts suggest that Metaplanet’s strategy could shape institutional treasury models in volatile macroeconomic conditions. Bitcoin's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview $111,500: Bitcoin’s New Strategic Buy Zone Technical analysts now view the $111,500 level as a key support zone, marking a significant resistance-turned-support flip. Markus Thielen of Matrixport highlights this level as a strategic entry point for investors. A confirmed bounce could propel BTC toward a breakout above $120,000, pushing a bullish momentum. Consequently, traders are advised to watch for strong volume confirmation around $111K, employing staggered entries and tight stop-losses. While dips below $112K may present buying opportunities, a sustained decline would require reassessment of risk. The level’s psychological significance aligns with historical resistance flips that often precede long-term rallies. Altcoin-Focused Funds Suffer as BTC Dominates While Bitcoin thrives, altcoin-heavy liquid crypto funds have seen dramatic losses. Asymmetric Capital’s Liquid Alpha Fund collapsed by 78% despite Bitcoin’s gains, due to overexposure to speculative altcoins and excessive leverage. Institutional capital is now favoring utility-driven, revenue-generating projects over memecoins. Experts like Rajiv Patel-O’Connor emphasize that future crypto investments must meet stricter criteria; liquidity, transparency, and token utility. Related Reading: Want Bitcoin Or Ether Exposure? Advisors Are Quietly Using Treasury Stocks—CEO As Bitcoin continues to cement its role as a digital reserve asset, the market is clearly pivoting toward sustainable fundamentals. Bottom Line Bitcoin’s rally, especially with the institutional momentum and technical bullish signals, marks a pivotal moment for crypto markets. The $111,500 zone could be a rare opportunity for savvy investors seeking structured entry amid broader altcoin turmoil. Cover image from ChatGPT, BTCUSD chart from Tradingview
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
Wirehouse advisors are finding a new way to give clients a taste of Bitcoin and Ethereum without asking them to wrestle with private keys or new wallets. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says They’re pointing clients toward shares in companies like Strategy (MSTR) and Bitmine Immersion Technologies (BMNR). Those stocks hold or mine crypto directly, so owning a share is almost like owning a slice of Bitcoin or Ether itself. Treasury Stocks Offer Direct Crypto Exposure According to recent filings, Ark Invest bought about 4.4 million shares of BMNR, a position worth roughly $175 million. That move highlights how big investors view treasury stocks: they’re a familiar vehicle wrapped around digital assets. Strategy, for example, has nearly 200,000 BTC on its balance sheet. Bitmine runs mining rigs in Texas and Canada. By picking these stocks, clients get qualified audits, clear tax forms, and the usual oversight that comes with public companies. Robinhood offering a 2% match for crypto transfers, and VCs and other investors shifting staked ETH into Treasury companies (DATs) to double their money when lockups expire. As with $MSTR $BMNR,Treasury stocks are a way wirehouse advisors can give clients exposure to BTC and ETH. https://t.co/CzxOudBSTl — Cathie Wood (@CathieDWood) July 26, 2025 A Safer Bet For Investors Advisors consider that setup safer than telling clients to hold coins in a self‑custodied wallet. It also cuts through some of the more confusing bits of crypto taxes. Instead of a 1099‑B for every sale, you might only see a single line item covering gains or losses on your brokerage statement. A 1099-B is a tax form used in the US to report capital gains and losses from the sale of securities and other financial instruments. For many investors who still find blockchain a bit foreign, this route feels more like buying energy or software shares. Robinhood’s Bonus Spurs Transfers Beyond the equity route, Robinhood is trying its own trick to nudge people toward the broader crypto ecosystem. According to Ark Invest CEO Cathie Wood’s post on X, the platform now offers a 2% reward when users transfer crypto off Robinhood into their own wallets. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert That small boost can cover transaction fees, or even leave a bit of extra crypto in the user’s pocket. It’s an incentive to explore DeFi apps or staking services outside of Robinhood’s walls. The move tracks closely with Ethereum’s recent staking unlocks. As lockups on ETH expire, wallets are once again able to send tokens freely. Platforms want to capture that flow. By front‑loading a transfer credit, Robinhood hopes to win new users on the promise of more yield down the road. Featured image from Pexels, chart from TradingView
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,500 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $118,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,500 resistance zone. Bitcoin Price Aims Key Upside Break Bitcoin price started a fresh increase from the $115,000 zone. BTC climbed above the $116,500 and $117,800 resistance levels to move into a positive zone. Besides, there was a break above a key bearish trend line with resistance at $118,300 on the hourly chart of the BTC/USD pair. The bulls were able to push the price above the $118,500 resistance. A high was formed at $119,795 and the pair is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $114,733 swing low to the $119,795 high. Bitcoin is now trading above $118,800 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,800 level. The first key resistance is near the $120,000 level. The next resistance could be $120,500. A close above the $120,500 resistance might send the price further higher. In the stated case, the price could rise and test the $122,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Another Drop In BTC? If Bitcoin fails to rise above the $120,500 resistance zone, it could start another decline. Immediate support is near the $118,600 level. The first major support is near the $117,800 level. The next support is now near the $117,250 zone or the 50% Fib retracement level of the upward move from the $114,733 swing low to the $119,795 high. Any more losses might send the price toward the $116,600 support in the near term. The main support sits at $115,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $118,600, followed by $117,250. Major Resistance Levels – $119,800 and $120,500.
A Bitcoin whale from the early 2010s, holding coins mined or acquired in Bitcoin’s infancy, recently awakened and sold 80,000 BTC. The sale was handled by Galaxy Digital, which executed the transfer of over 80,000 BTC (worth $9 billion) on behalf of this client, who is described as a “Satoshi-era” investor. Despite this massive sale and the volatility that came after, Bitcoin has managed to steady and the ensuing price action shows that bulls were more than prepared to absorb the sell shock. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says Bitcoin Dips To $115,000, Bulls Quickly Bought The Dip News of the $9 billion Bitcoin sale initially caused price volatility. Bitcoin’s price had recently been trading around $119,000, so the sudden influx of sell orders caused a short-lived pullback. On July 25, as reports of Galaxy’s whale sale spread, BTC/USD swiftly fell to around $114,000 to $115,000. The sheer size of 80,000 BTC (over 0.4% of total supply) hitting the market had the potential to trigger panic. Indeed, there were signs of profit-taking and higher exchange inflows in the days surrounding the sale. This, in turn, led to a 3.5% drop, which is one of Bitcoin’s steepest intraday dips in weeks, temporarily breaking below the $115,000 support level. However, it soon became clear that Bitcoin’s bulls were more than prepared to absorb the shock. The price decline bottomed out in mere hours. By the end of that same day, Bitcoin had rebounded above $117,000, and it was trading back in the mid-$117,000. This rapid recovery demonstrated remarkable liquidity and depth in the Bitcoin market. “80,000 BTC, over $9 billion, was sold into open market order books, and Bitcoin barely moved,” observed crypto analyst Joe Consorti, showing how quickly buyers stepped in to counter the selling pressure. Image From X: Joe Consorti Back in earlier years, a sell order of this magnitude could have triggered a double-digit percentage price crash. By contrast, the ecosystem in 2025 handled it with surprising ease. “The entire sale has been fully absorbed by the market,” noted Bitcoin analyst Jason Williams. What’s Next For Bitcoin Price? With the whale’s 80,000 BTC sale now largely in the rearview mirror, the next step is looking ahead to where Bitcoin might go from here. The fact that the market digested a $9 billion sell-off with only minor turbulence has many observers feeling even more bullish about Bitcoin’s trajectory. “We’re going so much higher,” Jason Williams noted. It’s a sentiment shared by several crypto analysts on X, who see the quick recovery as evidence of strong upward momentum. The consensus among bulls is that new all-time highs could be on the horizon in the coming months. Bitcoin already notched a record around $123,000 on July 14, but analysts are still calling for new highs above $130,000, $150,000, or even higher. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert At the time of writing, Bitcoin is trading at $118,063, up by 0.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView
Top market analyst Ali Martinez has shared on-chain data that tips Bitcoin to reach a $130,000 valuation, albeit on one condition. This bullish price prediction comes following a slight 2.6% price rebound over the past two days, pushing Bitcoin within the $118,000 price range. Related Reading: Bitcoin Price Could Still Tumble Down To $109,000 — This Chart Pattern Suggests So $110K Emerges As Crucial Bitcoin Support Zone – Here’s Why In an X post on July 26, Ali Martinez postulates that Bitcoin may be on track for a significant leg higher based on recent data from the MVRV pricing bands by Glassnode. However, the premier cryptocurrency must avoid losing a certain support zone to prevent an invalidation of this bullish thesis. The MVRV bands, derived from Market Value to Realized Value (MVRV) ratios, help visualize when Bitcoin is either overvalued or undervalued relative to its historical realized price. These bands function like Bollinger Bands but are grounded in on-chain fundamentals, tracking statistical deviations around the mean MVRV value. As of July 23, 2025, Bitcoin was trading at approximately $118,782, following a steady climb over recent weeks. According to the MVRV pricing model, the cryptocurrency was hovering just beneath the +1.0σ deviation band, marked at $130,756, representing the next major price resistance and target. Notably, the +1.0σ band is also interpreted as a key zone of extreme market optimism, often preceding local tops (+2.0σ) On the other hand, the model’s +0.5σ band sat at $109,858 below the current market prices, serving as a vital support threshold. Ali Marinez explains that Bitcoin must maintain its price level above this band to retain a high probability of continuation toward the +1.0σ level target based on historical patterns. However, a breakdown below $110,000 could signal a deeper correction, potentially down to the mean band at around $88,960, or lower toward $68,062 (-0.5σ). Related Reading: AVAX Ready For Range Breakout – Bulls Eye $36 Price Target Bitcoin Investors Take Profits With Rising Market Confidence According to more data from the MVRV model, the growing distance between BTC’s realized price, around $50,831, and its present market price reflects growing investor conviction. For context, the realized price represents the average cost basis of all coins in circulation, thereby indicating how deeply in profit the average Bitcoin holder is at the moment. At press time, the premier cryptocurrency trades at $118,178 following a 0.73% in the past day. However, the daily trading volume is significantly down by 53.39% and valued at $47.98 billion. According to price prediction site Coincodex, the Bitcoin market sentiment remains largely bullish, with the Fear & Greed Index nearing extreme greed at 72. Coincodex analysts project the leading cryptocurrency to maintain its current rebound, rising to $122,019 in five days and $141,075 in a month. Featured image from iStock, chart from Tradingview
The Bitcoin market recorded a minor 0.67% price gain in the last 24 hours, amid a brief return to the $118,000 price territory. This modest price increase forms part of a rebound observed over the previous 48 hours, following a significant 4% price correction earlier last week. Looking ahead to the new week, renowned market analyst with X username KillaXBT has identified two potential price development scenarios for the premier cryptocurrency. Related Reading: Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant Bitcoin Sees Bounce From Key Demand Zone, But What’s Next? In an X post on July 26, KillaXBT provides an in-depth technical analysis of the Bitcoin market to map out the asset’s potential price trajectory in this new week. The popular market expert duly notes that Bitcoin experienced a price bounce after dipping into a key demand zone around $115,000, which they also described as an ideal long entry region. As earlier stated, the crypto market leader has since climbed to $118,000 following this price rebound. However, KillaXBT notes there is an established CME Gap around $117,071, which is likely to serve as a price magnet in the short term. For context, CME gaps are price gaps on the Chicago Mercantile Exchange (CME) Bitcoin futures chart that occur when Bitcoin’s price moves significantly on the spot market when CME markets are closed, typically over the weekend. In view of next week, KillaXBT explains scenario 1 in which the Bitcoin market opens on a bullish note. In this case, the analyst states investors should expect Bitcoin to eventually form a higher low, ideally through a sweep of liquidity around the $116,000 area. However, if Bitcoin bulls can effectively hold this price pocket, it would trigger fresh long setups with stop losses tucked below the prior week’s low. In scenario 2, KillaXBT paints a more aggressive situation in which Bitcoin performs a double sweep of last week’s wick low around $114,800, thereby effecting a ruthless liquidity grab before an upward reversal. However, the market expert favours the reality of scenario 1, following the earlier liquidity grab with the price dip to $115,000. Related Reading: XRP Produces Successful $3 Support Retest – But What Next? The Invalidation Risk Regardless of which scenario, KillaXBT has highlighted certain developments that could neutralize the prospects of a bullish reversal. In particular, the analyst explains that failure for the price to hold above the recent wick lows following a retest would force Bitcoin prices to deeper imbalance zones between $112,000 – $113,800. At the time of writing, Bitcoin trades at $117,900, reflecting a 0.21% gain in the last seven days. Featured image from Pexels, chart from Tradingview
Bitcoin has climbed 250% since BlackRock’s IBIT launch. But those massive green candles—spikes traders chase—could become a thing of the past. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert According to Bloomberg analyst Eric Balchunas, the era of sudden jolts up or down may be ending. He says that spot ETFs and big companies piling in will smooth out those drawdowns. Spot ETF Approval Era Balchunas pointed out that IBIT just passed $100 billion in assets under management. Based on his view, that landmark tells you everything. Bitcoin traded between $116,000 and $120,000 after Galaxy Digital sold 80,000 coins. No panic sell‑off followed. Before ETFs, a sale like that could send prices tumbling by double‑digit percentages. Now, deep corrections look less likely. This guy gets it. We’ve been saying same thing. Since BlackRock filing Bitcoin is up like 250% with much less volatility and no vomit-inducing drawdowns. This has helped it attract even bigger fish and gives it fighting chance to be adopted as currency. Downside is prob no more… https://t.co/0ECd5XevcO — Eric Balchunas (@EricBalchunas) July 26, 2025 In‑and‑out profit‑hunters once drove Bitcoin up or down by 20% or more in a day. But steady inflows from regulated products lure in large investors. Balchunas argues that fewer wild swings will make crypto more useful for buying coffee or paying bills. He believes this shift will help Bitcoin behave more like a real currency and not just a roller‑coaster asset. Institutional Steady Hands Based on reports from Citigroup, every $1 billion of ETF inflows can lift Bitcoin by about 3.6%. Using that math, Citi sees Bitcoin hitting $199,000 before December 31. That forecast depends on steady money flowing in. Big funds make big bets. And those bets tend to stick around longer than retail traders chasing quick gains. Citigroup notes that BlackRock’s IBIT became the fastest ETF to reach $100 billion. That matters because it shows how hungry big players are for crypto. If those trends keep up, Bitcoin could push past its current trading band. It may even test new highs without the classic “God candle” leaps that gave quick fortunes—and quick losses. Volatility Trade‑Offs Meanwhile, some analysts warn that early Bitcoin whales are taking profits and stepping aside. As institutions arrive, some old‑school traders will leave. That could shift volume to less regulated spots or exotic derivatives markets. In a calmer main market, risks may hide in side channels. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says Lower volatility brings fewer heart‑stopping moments. It also means less of the adrenaline rush that attracts day‑traders. For some, that trade‑off is worth it. For others, the loss of big swings could drive them away. Calmer Waters Ahead? Overall, Bitcoin seems to be entering a new phase. Based on Balchunas’s take, those “God candles” won’t vanish overnight—but they’ll be rare. The push from spot ETFs and corporate treasuries aims to make price moves smoother. Featured image from Meta, chart from TradingView
According to Matt Hougan, chief investment officer at Bitwise, what used to be a near‑perfect four‑year Bitcoin pattern now looks less reliable. Supply cuts, rate moves and crash risks once drove big swings. Now, fresh forces are taking over. Related Reading: Wall Street’s Bold Bet: Bitcoin Could Hit $200K By December, Banking Giant Says Halving’s Impact Shrinks Every Cycle Hougan points out that each Bitcoin halving still cuts new coins by 50% but matters less over time. In early cycles, that shock fueled parabolic runs. Today, with a market cap in the hundreds of billions, the same supply cut is half as important every four years. Back in 2016 and 2020, prices jumped more than 150% around halving events. Now, moves hover under 50% in similar windows. Based on analysis from the Bitwise CIO, interest rates have been friendlier this time around. In 2018 and 2022, tightening by the US Federal Reserve coincided with brutal crypto drops that sent Bitcoin down 72% and 69% from peak to trough. Now, rates are easing or on pause, so crypto often trades up rather than down. Why is the four-year cycle dead? 1) The forces that have created prior four-year cycles are weaker: i) The halving is half as important every four years; ii) The interest rate cycle is positive for crypto, not negative (as it was in 2018 and 2022); iii) Blow-up risk is… https://t.co/F9ybjHEeB5 — Matt Hougan (@Matt_Hougan) July 25, 2025 Institutional Trends Outrun Old Rhythms Hougan highlights that ETFs are the new growth engine—and they run on a 5–10 year timeline. Spot Bitcoin ETFs launched in January 2024 and have since taken in over $10 billion in net inflows. That steady stream can’t be pinned to a single four‑year blip. Pensions and endowments are getting ready too. Many big investors only started talking crypto last year, and it takes quarters or years for them to clear internal hurdles. When they finally jump in, their billions could reshape markets far beyond retail waves. ????DID I HEAR SUPER CYCLE??? The four-year cycle is dead and adoption killed it.@Matt_Hougan says we’re going higher in 2026. Early profit takers will be left behind!!! Full break down with @JSeyff and @Matt_Hougan in comments???? pic.twitter.com/Ffn9penapN — Kyle Chassé / DD???? (@kyle_chasse) July 25, 2025 Regulation Gains Traction This Year According to Hougan, regulatory clarity began in January 2025 with new custody rules, tax guidelines and licensing regimes. Those steps cut systemic risk and pave the way for banks and asset managers to roll out crypto services on their platforms. Based on his analysis, the recent Genius Act—passed this month—opened doors on prime‑broker platforms. That means trading desks, clearing houses and research teams can invest billions in weeks and months. This kind of build‑out takes time, but it lasts. Related Reading: Crypto’s Golden Rule Just Got Broken, According To Analyst Treasury Firms Emerge As A Wild Card One fresh cyclical‑style risk Hougan flags is the rise of Treasury companies offering short‑term lending and yield products. If they grow too fast without proper checks, a blow‑up could still trigger a market sell‑off. It’s a new kind of hazard that didn’t exist in past cycles. Featured image from Unsplash, chart from TradingView
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 old four-year rhythm has been upended, according to CryptoQuant CEO Ki Young Ju. He argued on Thursday that the crypto’s cycle is no longer in existence, driven out by big players stepping in. Related Reading: PEPE Sparks Google Frenzy With 300% Surge In Search Interest His latest comments follow a public rethink after he called a market top just a few months ago and got it wrong. Institutional Buyers Rewrite Rules Based on reports, Bitcoin Spot ETFs and corporate treasuries are changing the game. In the first half of the year, treasury companies bought twice as much BTC as the ETFs did. That shows how deep pockets can fill the gap when veteran whales move out. Short sells and panic dumps used to knock prices hard. Now, a growing pool of steady institutional demand comes in right behind those exits. It’s a shift that could reshape Bitcoin’s usual peaks and valleys. #Bitcoin cycle theory is dead. My predictions were based on it—buy when whales accumulate, sell when retail joins. But that pattern no longer holds. Last cycle, whales sold to retail. This time, old whales sell to new long-term whales. Institutional adoption is bigger than we… — Ki Young Ju (@ki_young_ju) July 24, 2025 Ki Young Ju first sounded the alarm in March, when Bitcoin hovered around $83,000. At that time, every on-chain metric pointed down. The bull score hit multi-year lows. BBMC indicators and the MVRV ratio flashed red warnings. Whale liquidations piled up, and many saw a bear market beginning. Market Indicators Flash Early Warnings Support levels stood strong after an April retest. Those same bears had to eat their words when Bitcoin bounced back. By May, prices broke past the January high and surged to $112,000. This month, BTC even hit $123,000 before taking a breather. That quick turnaround forced Young Ju to admit he was wrong—and to thank investors for showing him the mistake. He now says the old cycle theory no longer applies, since institutional players don’t follow the same playbook as retail buyers. Public companies like MicroStrategy (now Strategy) and other treasury-focused firms have become major holders. They treat Bitcoin as a reserve asset. Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After Brief Panic ETFs Big Appetite Meanwhile, spot ETFs keep buying almost daily. That dual demand has built a solid floor under prices and given big whales less sway. Retail investors may still buy late and sell early. But now their moves are cushioned by far larger, long-term stakes. Experts See A New Phase Major voices in crypto echo this view. Michael Saylor has declared that the bear market era is no longer here. JAN3 chief executive officer Samson Mow and Binance CEO CZ even project that this cycle could take Bitcoin all the way to $1 million. Other big names in the industry, like ‘Rich Dad Poo Dad’ author Robert Kiyosaki, believe so as well. Those bullish calls come from people who back institutional growth over hype-driven swings. They see big money as a stabilizer rather than a speculator. Featured image from Meta, chart from TradingView
As Bitcoin continues its upward momentum, technical analysts are pointing to the long-observed Power Law resistance band. While market sentiment remains bullish, the proximity to this structural ceiling raises the possibility of increased volatility and consolidation. Analyst Highlights Technical Headwinds Facing Bitcoin Rally Despite recent bullish momentum, Bitcoin has yet to break through a key resistance level on the long-term power law chart. According to Alphractal’s post on X, these trendlines have historically mapped support and resistance with impressive precision, while effectively guiding BTC price movements over the years. Related Reading: Are Traders Walking Into a Bitcoin Bull Trap at $118K? Here’s What the Data Shows To confirm a sustained bull run, BTC must decisively break above the $122,000 level, which is currently acting as the ceiling on the long-term model. The BTC Long-Term Power Law is a powerful yet underappreciated indicator in the crypto space that offers a unique perspective on the long-term price behavior. This model utilizes a logarithmic scale on both price and time. This format is rarely used in traditional markets but is particularly suited for assets with exponential growth trajectories, such as BTC. By applying linear regression to log-log data, it generates smooth predictive trend lines that help provide a macro perspective on price evolution. Bitcoin is unlikely to fall below $108,000 by the year 2033, says Joao_wedson, the creator of the Long-Term Power Law model. Such a move would violate the model historical trend. Furthermore, Alphractal notes that this tool is a must-watch for long-term investors aiming to position themselves strategically in the crypto market. Analyst Predicts Bitcoin’s Market Peak Within Six Months In an X post, analyst Colin Talks Crypto stated that it feels like Bitcoin might be roughly six months away from reaching the market top. Despite the ongoing price rally, he pointed out that sentiment remains surprisingly low, which is a key factor in his outlook. Related Reading: Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside It will take time for retail to get excited, and sentiment indicators are near some of their lowest point, which suggests that BTC price could continue climbing before reaching the euphoric highs of a market top. The technical indicators are overwhelmingly bullish, which suggests that there is still room for the price to continue its ascent. The recent breakout on BTC Monthly Candle highlights sustained momentum, while the Crypto Bull & Bear Indicator (CBBI) remains relatively underheated. This suggests that the market is not yet overextended and could continue its upward trajectory. Additionally, the global M2 money supply continues its upward trajectory, while injecting liquidity into the financial system that can fuel asset price gains. Meanwhile, the S&P 500 has reached new all-time highs, while reflecting positive investor confidence and risk appetite that often extends into the crypto markets. The Government and corporate BTC treasuries have barely even begun to take shape. Colin mentioned that the hype around institutional adoption is still on the horizon as we approach the market top. Featured image from iStock images, chart from tradingview.com
According to Arkham Intelligence, the US government still holds more than 198,000 Bitcoin. That’s around $23.4 billion sitting in digital wallets across several agencies. Related Reading: PEPE Sparks Google Frenzy With 300% Surge In Search Interest A recent public spreadsheet showed just 28,988.356 BTC under the Marshals Service. But looking at FBI, IRS, DEA and Justice Department seizures makes the total jump far higher. Government Stash Spread Across Agencies Based on reports from the Marshals Service, 28,988.356 BTC—worth roughly $3.45 billion—has been under its control since July 15, 2025. Other agencies don’t share that data publicly. They manage coins from crime probes and prize auctions. Arkham gathered on‑chain data and linked addresses tied to each agency. When added, the total hits at least 198,012 BTC. DID THE US GOVERNMENT JUST SELL 170,000 BTC ($20 BILLION)? No. This Freedom of Information Request response from the US Marshals Service (USMS) cites them as holding 28,988 BTC ($3.4B), but other departments of the US Government also seize and hold Bitcoin, including the FBI,… https://t.co/8kpjwyKcT9 pic.twitter.com/uB7EejUCVz — Arkham (@arkham) July 23, 2025 In everyday terms, that means the US is a massive bitcoin “whale” that still owns about 198,000 BTC. It’s not just sitting at the Marshals Service. The rest is spread out in hidden pockets. Those coins haven’t moved in the last four months. Traders who saw only the Marshals number panicked. Senator Cynthia Lummis even warned it would be a “total strategic blunder” if the reserves really fell below 30,000 BTC. Arkham: The US Government currently holds at least 198,000 BTC ($23.5B) across multiple addresses held by different government arms. None of this has moved for 4 months. pic.twitter.com/nhWWeWqhmh — Wu Blockchain (@WuBlockchain) July 24, 2025 Big Cases Make Up Most Holdings A huge chunk—114,599 BTC—came from the 2016 Bitfinex hack case against Ilya Lichtenstein and Heather Morgan. That haul alone counts for more than $13.65 billion. Silk Road‑related seizures add about 94,643 BTC. That breaks down into 51,680 BTC from James Zhong’s theft and 69,370 BTC linked to another hacker, sometimes called “Individual X.” Other cases help pad the total. Arkham spotted $81.25 million in BTC taken from Alameda Research’s Binance accounts after FTX collapsed. Another $79.50 million came from HashFlare scammers Sergei Potapenko and Ivan Turogin. Even small hits like 58.7 BTC from Ryan Farace’s case show up in the chain records. Sales Haven’t Touched Core Supply The US sold 9,861 BTC worth about $215 million in March 2023 from the Zhong case. In August 2024, another 10,000 BTC went for $594 million. Then in December 2024, 10,000 BTC sold for roughly $968 million. Despite that activity, the main piles from Bitfinex and Silk Road haven’t moved. Those coins still sit where seizing agencies left them. Related Reading: BREAKING – US Set To Reveal Key Crypto Report—A Make‑Or‑Break Moment For Bitcoin Without a single public ledger, each new FOIA release sparks fresh rumors. Some traders jumped at the Marshals figure and drove prices up or down on the news. But knowing the real 198,000 BTC figure could calm that. A master dashboard, updated in near real time, would help cut the drama when auctions roll around. Featured image from Getty Images, chart from TradingView
US crypto watchers are on edge. A new policy report is set to land before the month ends – and it could reshape how digital assets fit into the US government’s plans. Related Reading: PEPE Sparks Google Frenzy With 300% Surge In Search Interest Working Group Sets Release Date According to an X post by Bo Hines, the President’s Digital Asset Working Group wrapped up its 180‑day study and will publish the findings on July 30. Based on reports, the group was originally expected to unveil the report around July 22, following an executive order in January by US President Donald Trump. That order asked the team to sketch out how a Strategic Bitcoin Reserve might work. The report should spell out how much Bitcoin the US holds today. Those coins come from law enforcement seizures over recent years. Policy wonks and investors alike want to know whether the federal stash is just a data point or the start of a bigger reserve plan. Strategic Bitcoin Reserve Insights Inside sources say the document will cover the nuts and bolts of setting up a national digital‑asset fund. It’s likely to recommend using existing seized coins first. Then it could suggest budget‑neutral methods—like moving assets from other funds—to buy more Bitcoin. There’s talk of tapping nearly 200,000 BTC that authorities have captured so far. Security, storage and audit rules will also get attention, since a reserve needs tight guards and clear accounting. The executive order hinted that the reserve would use only lawfully obtained coins. It didn’t detail how long the government must hold them before selling, but some drafts mention a 20‑year holding period for stability’s sake. If that sticks, it would mirror long‑term strategies used for gold and other strategic resources. Related Reading: PENGU Heats Up: Nearly $600M In Open Interest Sparks Rally Talk Congressional Moves On Crypto On the Hill, Congress isn’t sitting still. Trump recently signed the GENIUS Act, which lays out rules for banks, credit unions and trusted non‑banks to issue stablecoins. At the same time, the Senate Banking Committee just rolled out a crypto market structure bill. That proposal aims to decide who’s in charge—whether it’s the SEC or the CFTC—and how to protect everyday users. Beyond those measures, Senator Cynthia Lummis has reintroduced the BITCOIN Act. It would direct the Treasury to buy 1 million BTC over five years. Investors see a clear upside if both executive and legislative moves line up. More government buying could add heavy demand to Bitcoin’s market. Yet some experts warn that holding such a volatile asset on a government balance sheet carries its own risks, from price swings to security costs. Featured image from Pexels, chart from TradingView
Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,250 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,600 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $118,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Aims Another Increase Bitcoin price started a correction phase from the $120,250 resistance zone. BTC dipped below the $118,500 level and tested the $118,000 zone. There was a move below the 50% Fib retracement level of the upward move from the $116,260 swing low to the $120,237 high. However, the bulls were active near the $117,500 support zone. There is also a key bullish trend line forming with support at $118,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $118,600 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,300 level. The first key resistance is near the $120,000 level. The next resistance could be $120,250. A close above the $120,250 resistance might send the price further higher. In the stated case, the price could rise and test the $122,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Another Decline In BTC? If Bitcoin fails to rise above the $120,250 resistance zone, it could start another decline. Immediate support is near the $118,500 level and the trend line. The first major support is near the $117,200 level or the 76.4% Fib retracement level of the upward move from the $116,260 swing low to the $120,237 high. The next support is now near the $116,250 zone. Any more losses might send the price toward the $115,000 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $118,250, followed by $116,250. Major Resistance Levels – $119,250 and $120,250.
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
Bitcoin price is eyeing a fresh increase above the $118,000 resistance. BTC must clear the $120,000 resistance zone to continue higher in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $118,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Aims Higher Bitcoin price started a correction phase below the $118,500 support zone. BTC dipped below the $118,000 level and tested the $116,200 zone. A low was formed at $116,260 and the price started another increase. There was a decent move above the $118,000 and $118,500 levels. Besides, there was a break above a bearish trend line with resistance at $118,000 on the hourly chart of the BTC/USD pair. However, the pair struggled to surpass the $120,000 resistance zone. A high was formed near $120,237 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $116,260 swing low to the $120,237 high. Bitcoin is now trading above $118,500 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,800 level. The first key resistance is near the $120,200 level. The next resistance could be $121,000. A close above the $121,000 resistance might send the price further higher. In the stated case, the price could rise and test the $122,500 resistance level. Any more gains might send the price toward the $122,500 level. The main target could be $123,200. Another Drop In BTC? If Bitcoin fails to rise above the $120,200 resistance zone, it could start another decline. Immediate support is near the $119,200 level. The first major support is near the $118,500 level. The next support is now near the $118,200 zone. Any more losses might send the price toward the $116,500 support in the near term. The main support sits at $115,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $119,200, followed by $118,500. Major Resistance Levels – $120,200 and $121,000.