Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

2026 Not the Same as 2024 Because Long-Term Bitcoin Holders ‘Do the Opposite’

2026-06-25

BlackRock says a Bitcoin allocation of 1% to 2% is reasonable for traditional portfolios

2026-06-25

Tokenized Shares of SpaceX Betting on More than $50 Million in Liquidations as Crypto Leverage Hits Wall Street

2026-06-25
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    My Wallet Multichain Wallet reaches 11 chains: 9 million users, no migration

    2026-06-25

    RareSkills and Starknet Foundation publish free advanced developer course for Starknet

    2026-06-24

    Ispoverse Leverages 4AI BNB to Power Decentralized AI Marketplaces in the BNB Chain

    2026-06-24

    MarsCat joins forces with Memo to drive Web3 data insights and user-friendly experiences

    2026-06-24

    Manadia joins the Origins Network to advance scalable AI-powered blockchain ecosystems

    2026-06-24
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Crypto finally has a CLARITY Act date

    2026-06-24

    The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

    2026-06-24

    Stablecoins in Britse ponden gemaximeerd op $53 miljard, terwijl de Bank of England stablecoin-regels vastlegt

    2026-06-22

    De Amerikaanse toekomst van crypto-daders zal worden bepaald door hoe toezichthouders besluiten ze te noemen

    2026-06-22

    De MiCA-deadline zal waarschijnlijk kleinere crypto-apps naar gelicentieerde bewaarrails verplaatsen

    2026-06-22
  • Analysis

    Tokenized Shares of SpaceX Betting on More than $50 Million in Liquidations as Crypto Leverage Hits Wall Street

    2026-06-25

    US Bitcoin buying turns negative as BTC moves closer to the $57,300 liquidation trap

    2026-06-24

    Why Viral Public Whale Liquidations Are Becoming A Real Trading Signal On Hyperliquid

    2026-06-24

    Saylor’s STRC Bitcoin-machine verandert aandeelhouders in zijn cash backstop

    2026-06-24

    Why Bitcoin crashed below $60,000 because support fails when buyers are needed most

    2026-06-24
  • Learn

    Most Profitable Crypto to Mine in 2026: Best Altcoins for Mining

    2026-06-23

    Bitcoin Alternatives: Our Top Altcoin Picks for You in 2026

    2026-06-23

    What Is a Bull Flag Pattern in Crypto and How to Use It

    2026-06-20

    What Is OTC Trading? Over-the-Counter Trading Explained

    2026-06-20

    The Top 10 Bitcoin Wallets in 2026

    2026-06-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»$ 250k in sight after a $ 120k test, says Analyst
Bitcoin

$ 250k in sight after a $ 120k test, says Analyst

2025-07-16No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin spent about nine months under $ 110 K before he finally pushed that ceiling this month. The move to $ 123,000 Shows real purchasing power.

According to Elite Optionstrader, a crypto expert, many investors see this as the start of something bigger.

Related lecture

Important catalysts who are driving the rise

Based on research by Elite OptionStader, one of the biggest factors is the potential approval of a place ETFEum ETF. Bitcoin’s own ETFs have drawn billions from large institutions, and a greenlight for Ethereum could send more money to crypto in general, lift Bitcoin further.

The American elections are now behind us and talk about the Federal Reserve Assess cuts At the end of 2025, betting feeds on a weaker dollar. Many traders regard Bitcoin as a shield against political or economic fluctuations.

At the same time, hedge funds, sovereign power funds and pension plans so far have only small slices of Bitcoin. If they decide to jump in, it can push the prices even higher.

Bitcoin’s road to $ 250K in 2025? 🚀$ BTC has consolidated in the last 9 months under 110k and finally eliminated this month. From now on we are already testing 120K and we look like we’re on our way to test 150k in the coming weeks. One thing to notice, after something is based on such a … pic.twitter.com/GGURCUCP0D

– Eliteoptionstrader (@eliteoptions2) July 15, 2025

Long basis can support further profits

The long base of Bitcoin under $ 110k lays a solid foundation. Breakouts after long periods of lateral action often lead to steep rallies.

See also  Buying Bitcoin now can lead to a loss. This is why

Yet it is normal for the prices to dive back to the breakout zone. A withdrawal to around $ 115k – $ 118k can take place before a large increase. Traders will view support at $ 118k and resistance near $ 125k.

Institutional FOMO brewing

Even after the rally, large players only entered their toes. Eliteoptionstrader notes that an important wave of allocation – from a large pension fund or insurance giant – could activate a new discovery of a new price.

BTCUSD is currently acting at $ 118,883. Graphic: Tradingview

And let’s not forget the Halving in April 2024, which cut the daily issue of Bitcoin by half. That supply shock often takes a few months to show the full effect, but we are already seeing demand tapping.

Even with a strong start, the path is not without dangers. Sharp corrections of 10% -20% are part of the genes of Crypto. All surprise rules of large markets can create this run.

Related lecture

On careful optimism and goals

If Bitcoin can release $ 127K, the chance of a parabolic movement increases sharply. Based on analysis by Elite Optionstrader, a $ 150k test in the coming weeks seems within reach. That said, the pursuit of $ 250k at the end of the year, all these factors requires to stand in line without a single major setback.

The newest breakout from Bitcoin feels exciting, but traders have to keep a close eye on how new support levels are dealing with. Driving on the trend can bear fruit, but managing risks is just as important as spotting the next high.

Featured image of meta, graph of TradingView



Source link

See also  June CPI shows inflation at 2.7% - Bitcoin responded to this news
120k 250K Analyst sight Test
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

2026 Not the Same as 2024 Because Long-Term Bitcoin Holders ‘Do the Opposite’

2026-06-25

3 Explosive Signs That Bitcoin is Heading for a Big Plunge! Is $57K next?

2026-06-25

Bitcoin: Will BTC Hold $60,000 as Currency Inflows Hit Multi-Month Highs?

2026-06-24

Bitcoin: Will BTC Hold $60,000 as Currency Inflows Hit Multi-Month Highs?

2026-06-24
Add A Comment

Comments are closed.

Top Posts

Major NFT Indices Stable After NFT Trader Hack

2023-12-18

Bitcoin price surge to $35,000 could be the start the bulls needed

2023-10-24

Fundstrat Exec predicts Bitcoin will reach $150,000, and here’s when

2024-02-22
Editors Picks

Digital asset traders withdraw $208,000,000 in cryptocurrency from KuCoin after government charges: Nansen

2024-03-28

Ethereum Foundation is hosting an invitation-only event for institutions in New York City

2026-03-26

9 factors to consider when choosing a blockchain consensus mechanism

2023-10-11

XRP Holdings on Bitrue Exchange Up 300%

2023-07-18

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

2026 Not the Same as 2024 Because Long-Term Bitcoin Holders ‘Do the Opposite’

BlackRock says a Bitcoin allocation of 1% to 2% is reasonable for traditional portfolios

Tokenized Shares of SpaceX Betting on More than $50 Million in Liquidations as Crypto Leverage Hits Wall Street

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.