Feature writer
Connor Sevetton
Feature writer
Connor Sevetton
Involve
Reality examined by
Elena Bozkova
Lead features
Elena Bozkova
We are here again. Bitcoin accelerated to the highest new level ever of $ 118856.47-a dramatic and sudden outbreak, and this means that the largest cryptocurrency in the world has doubled value during the past year.
After trading in a relatively narrow range for weeks, skepticism despite the S&P 500 shattering multiple records, BTC has started to rise up on Wednesday, which means that everyone bought this digital asset (and kept it) in a profit.
The big question now is: What will happen next? Will Bitcoin be able to keep this momentum during the summer? Or is the real “fireworks” occur in the last part of the year? Cryptonews He has a round of experts’ opinion.
For OKX EUROPE CEO, Erald Ghoos, trading volumes worth $ 100 billion are a field of attention – against the backdrop of increasing political support, enthusiasm from institutional investors, and a clearer organizational scene.
“Increasing Bitcoin’s height to the highest new level in time is not just noise – it reflects its appearance as a great hedge in digital macro. Amid increasing global trade tensions, a loom tariff on the horizon and the background of liquidity that depends on politics and its institutions in chest periods and regional and strategic strategy, the regional strategy. July is formed to be a specific moment.
This is an interesting perspective of Ghoos. In general, Donald Trump’s tariff tended to a decrease in BTC – as in April, when the repercussions of “Tahrir Day” witnessed its price slide to less than 75,000 dollars. With the president now starting to impose new import taxes on a full group of other countries, the Executive Director of the Stock Exchange discusses that Bitcoin is now seen as an insurance policy.
Ryan Chow- co-founder of the BTCFI SOLV-believes that “Bitcoin’s structural role in global financing is recognized.”
“What we see is that Bitcoin fully enters into its role as a hedge against inflation. With Trump’s tariff with more uncertainty in global markets, investors re -allocate indirect assets, and this new shift absolutely reflects Bitcoin.”
Zhao continued to say that BTC’s current position in the global economy is not only important due to high prices.
“From CEFI to Defi to Trafi, we are witnessing the early signs of Bitcoin that flow more freely than ever. Bitcoin will not move in the price; it will move across the systems.”
Meanwhile, Radix Dan Hughes said Cryptonews The lack of an explosive move up may be useful for bitcoin in general.
“The arrangement of the size of the size-the previous highlands doubled the movements, and the huge psychological breaks. This is it fixed, it is measured, frankly, this may be exactly what Bitcoin needs at the present time. This basic gathering cannot be retail in the retail this time. It is an institutional matter for a long time.
Of course, there are some analysts who now appear a warning. One of them is the Mike McGlone from Bloomberg Intelligence, who was noticeable because of how he fell enthusiastically-years-that it was a “time issue” before BTC was accepted in six numbers for the first time. It was ultimately proven. In a recent note, he wrote:
“Bitcoin, the asset associated with the largest ETF launch and helped him to elect President Donald Trump, may now carry an unnecessary burden to continue to rise or tilted in favor of gold … Our fears must continue to rise Bitcoin, or Domino duminos can stumble.”
Bitcoiners has little time to calm down or FUD at the present time, given that every high record is a source of humans. After a large number of punishment markets, and the media warnings that BTC was “dead”, this last teacher proves that they were right to believe in a decentralized currency.
Polymarkt now indicates an 80 % opportunity that Bitcoin will come out 120,000 dollars by the end of this month – as it decreased to 22 % of $ 130,000. Only yesterday, these possibilities decreased by 30 %.
And look at the rest of the year on a larger scale, the two seats believe that there is a possibility of 92 %, we will see $ 120,000 before 2025 ends – 69 % compared to $ 130,000 and 43 % compared to $ 150,000.
In other words, there is a strong belief that this bull market still has a lot of running space.
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2025-07-11 15:35:00
