Bitcoin’s price rally may just be starting – All the details!
2025-07-09 14:33:30
Main Idea
Bitcoin's price rally may continue with potential to reach $150K by year-end, supported by favorable liquidity, low macro risk, and strong long-term holder conviction, though August could bring volatility.
Key Points
1. Bitcoin's long-term outlook remains bullish, with analysts suggesting it could break above $110K and target $150K by year-end.
2. Analyst Willy Woo noted favorable liquidity and low macro risk could fuel BTC growth, similar to past uptrends in 2017 and 2021.
3. Long-term holders (LTH) increased BTC holdings by over 1 million BTC between April and July, signaling strong conviction in the asset.
4. Charles Edwards speculated BTC could hit $150K by September, citing growing global liquidity, while QCP Capital warned of potential volatility in August due to tariffs and debt ceiling deadlines.
5. Cycle peak indicators, such as Pi Cycle and MVRV Z-Score, suggest the market is not overheated, reducing the need for selling pressure.
Description
Bitcoin's long-term remained bullish, but analysts cautioned against the August volatility.
Latest News
- Decoding Ethereum’s role as ‘a store of value’ – Can ETH hit $3.2K soon?2025-07-09 22:11:06
- AAVE flips Lido across ALL metrics – But is this just round one?2025-07-09 21:09:05
- How a new merger will support ReserveOne’s growing crypto reserves2025-07-09 20:43:48
- ICP coin price prediction: What rising commits and token accumulation reveal2025-07-09 20:09:16
- How Binance’s 37% Bitcoin volume share could affect BTC prices2025-07-09 19:06:47