🔥 Title: Bitcoin is smashing records... Are we at the beginning of a new digital explosion?



1. A new record – and the reason?

Today, Bitcoin reached an almost historical peak of $118,860, surpassing the $120,000 barrier in rapid movements driven by institutional influx and the "Crypto Week" scenario in the U.S. Congress. The action: a steady explosion between Wednesday and Friday where it comfortably exceeded the $118K level.

2. What is behind this rise?

Record inflows from ETFs: Bitcoin index-based funds like BlackRock raised about $1.2 billion today alone, leading to the liquidation of more than a billion dollars in short positions.

Corporate Adoption: Companies are adding Bitcoin as part of their strategy, with corporate holdings doubling in the second quarter of 2025, totaling 847,000 BTC — led by MicroStrategy and a new wave of adopters.

Strong legislative support: • Legislation such as the Genius Act, Clarity Act, and Anti-CBDC Act is expected to be enacted during "Crypto Week", which enhances the regulatory framework and removes administrative ambiguity from the market.
• The step to create a "Strategic Bitcoin Reserve" by the White House confirms Bitcoin's status as a true reserve asset.

3. Technical Indicators: Bright Scene

The charts reveal a strong bullish "pennant" pattern, and BTC may see an additional jump towards $134,000 according to seasoned analysis. Important support levels are around 107–100K, which helps maintain price stability during fluctuations.

4. Upcoming Predictions: Between Excitement and Caution

Optimistic predictions reach up to $145,000 by the end of 2025, while others see the possibility of surpassing $200,000 in the coming months.

Advisors like Ric Edelman believe that "the unfair investment now is not owning Bitcoin," rejecting the traditional 60/40 strategy.

However, its high volatility still poses a risk; over a billion dollars in short positions have been wiped out, indicating a market that is like-backed but subject to sharp reversals.
BTC1.31%
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GateUser-5e89bf15vip
· 07-11 16:19
Take off with power 🚀
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