Bitcoin’s Next Stop at $131,200, If This Happens, Says Analyst
Main Idea
Analyst Ali Martinez predicts Bitcoin could reach $131,200 if it maintains a key support level at $117,400, while SpaceX transferred 1,308 BTC after three years of inactivity.
Key Points
1. Bitcoin could rise to $131,200 if it holds the $117,400 support level, according to analyst Ali Martinez.
2. Bitcoin's price increased by 2.33% on July 22, 2025, trading above $119,300.
3. SpaceX transferred 1,308 BTC (worth ~$153 million) to an anonymous address after three years of inactivity.
4. SpaceX's last Bitcoin transfer was in June 2022, sending 3,505 BTC to Coinbase.
5. SpaceX currently holds 6,977 BTC (~$815 million).
Description
Analyst has revealed scenario at which Bitcoin may fly above $131,000
$BTC
$119851.0
+2.13%
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