100% of Bitcoin Addresses in Profit, Whats Next for BTCs Price?

2025-07-21 04:08:53 分类：Digital Currency 阅读(2)

This includes long-term and What types of virtual currency does the central bank recognize in 2018?short-term buyers, most of whom held the coin throughout its most bearish weeks. With this Bitcoin price outlook, there is no resistance ahead for the coin as valuation could hit any level anytime.

As of press time, the price of Bitcoin has reversed some of its bullish gains. Although bulls remain in control, the volatility on the market might trigger a potential reversal. Per CoinMarketCap data, BTCs price is up 2.29% to $111,269 as of press time.

Different altcoins, including Ethereum and Cardano, are riding on this general bullish wave to chart new price highs.

As reported earlier by U.Today, XRP even registered a golden cross formation, underscoring the ripple effect of the sustained Bitcoin profitability.

Core bullish market drivers and forecasts

Bitcoin is generally not moving in isolation, as the coin has primary triggers driving its growth. The most consistent trend is the accumulation of Bitcoin by major Wall Street investors, such as Michael Saylors Strategy.

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Although the firm paused its BTC purchases for this week, it has unveiled a new funding push to stack more BTC soon.

The spot Bitcoin ETF market is also seeing intense adoption, with BlackRocks IBIT leading the inflow. Complemented by broader retail participation, the expectation among crypto market investors is for the Bitcoin price to soar as high as $120,000 in the long term.

With current ecosystem demand surpassing supply, attaining this milestone appears feasible for the Bitcoin price.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.