BTC Price Prediction: Road to $200K?
#BTC
- Technical Strength: Price holding above key moving averages with bullish chart patterns
- Institutional Demand: Corporate adoption and mining expansion fueling buy pressure
- Macro Tailwinds: USD weakness creating ideal conditions for crypto appreciation
BTC Price Prediction
BTC Technical Analysis: Bullish Momentum Building
According to BTCC financial analyst Emma, Bitcoin's current price of $117,322.76 sits comfortably above its 20-day moving average of $108,389.24, indicating strong bullish momentum. The MACD histogram shows decreasing bearish divergence (-1,051.94), while price trades NEAR the upper Bollinger Band ($115,228.49) - a classic sign of upward pressure. 'When BTC holds above the 20MA while testing upper Bollinger levels, we typically see continuation patterns,' Emma notes.
Institutional FOMO Meets Technical Breakout
'The news flow perfectly complements our technical outlook,' says BTCC's Emma. With Bitcoin making new ATHs amid institutional demand (Remixpoint CEO's BTC salary, AI mining expansion) and macroeconomic tailwinds (USD weakness), sentiment appears overwhelmingly positive. However, Emma cautions: 'Contrarian signals like retail investor exits and ARK's portfolio rebalancing suggest we might see short-term volatility before the next leg up.'
Factors Influencing BTC's Price
Bitcoin Surges Toward $120K Amid Institutional Demand and Bullish Momentum
Bitcoin's relentless rally continues as institutional investors flood the market, propelling BTC/USD toward the psychologically significant $120,000 level. The cryptocurrency has gained 4.5% on Friday alone, marking its fourth consecutive day of record-breaking gains.
The TRUMP administration's crypto-friendly policies appear to be fueling the fire, with technical indicators confirming the breakout from consolidation. While daily charts show overbought conditions, the accelerating momentum suggests any pullbacks will likely be shallow before resuming upward trajectory.
Key resistance awaits at $120K, with Fibonacci projections pointing to $123,026 and $131,331 as next targets should the breakout sustain. Support levels at $117,000-$117,500 and $113,000-$113,450 should contain any profit-taking dips.
Crypto Thief Sentenced to 12 Years for Unpaid $20 Million in Stolen Funds
A cryptocurrency scammer initially received an 18-month sentence for his involvement in a $22 million theft scheme, but has now been resentenced to 12 years after failing to repay the stolen funds. US District Judge Alvin Hellerstein emphasized the defendant's complete lack of restitution, stating, "You paid not a cent, not one cent."
The defendant, part of a group dubbed "evil computer geniuses," participated in a SIM-swapping scheme that targeted Michael Terpin, CEO of blockchain PR firm Transform Group. The group drained Terpin's crypto accounts and enlisted the defendant to launder the stolen assets into Bitcoin.
Despite claims by the defendant's lawyer that he had surrendered all accessible assets—including the full balance of his Wells Fargo account—the court found he willfully breached his repayment agreement. The defense has vowed to appeal the resentencing, calling it an extreme misuse of judicial discretion.
AI Firms Leverage Excess Data Center Power for Bitcoin Mining
Artificial intelligence companies are repurposing idle data center capacity to mine Bitcoin, marking a significant convergence of two high-energy industries. Mara Holdings and Riot Platforms have emerged as pioneers in this space, with Mara's MOVE initiative and Riot's $1 billion energy infrastructure investment leading the charge.
The strategy addresses two critical challenges simultaneously: improving energy grid stability through load balancing while creating new revenue streams from otherwise wasted electricity. "Hugely significant," remarked Daniel Batten, a climate tech investor specializing in Bitcoin's environmental impact. "The convergence is happening in both directions—miners diversifying into AI, and AI firms becoming miners."
This symbiotic relationship could reshape energy economics for both industries. By utilizing excess capacity during off-peak periods, AI operators achieve better infrastructure utilization while contributing to Bitcoin network security. The approach follows months of Bitcoin miners increasingly offering AI compute services—a trend that now sees reciprocal movement from AI providers.
Bitcoin Price Hits All-Time High, Surpasses $117,000
Bitcoin has etched its name in the annals of financial history by breaching the $117,000 threshold, setting a new all-time high. The flagship cryptocurrency reached $117,786 at the time of writing, eclipsing its previous record of $113,734.
The rally underscores Bitcoin's growing dominance as a store of value and speculative asset. Market participants are attributing the surge to institutional demand and macroeconomic uncertainty.
Bitcoin All Time High Signals Shift as USD Plunges to 50-Year Low
Bitcoin surged to a record $118,000 on July 11, eclipsing its previous peak of $111,970 set during bitcoin Pizza Day celebrations in May. The milestone underscores cryptocurrency's growing appeal as a hedge against fiat currency weakness.
The US dollar continues its historic decline, shedding 11% year-to-date in its worst first-half performance in five decades. This inverse correlation highlights digital assets' evolving role in global finance amid macroeconomic instability.
Remixpoint CEO to Receive Entire Salary in Bitcoin
Remixpoint, a Tokyo-listed firm at the intersection of crypto, energy, and web3 innovation, has made history as Japan's first company to compensate its CEO entirely in bitcoin. The move aligns executive incentives with shareholder value and underscores the firm's strategic embrace of digital assets.
The decision reflects growing corporate confidence in bitcoin's role as a treasury asset and compensation vehicle. By tying leadership compensation directly to BTC performance, Remixpoint creates structural incentives for value creation in both traditional and crypto-native terms.
Research Predicts $160,000 Bitcoin by End of 2025 Conditional on Treasury Firm Holdings
A new report by Ben Harvey and Will Clemente III, commissioned by market Maker Keyrock, projects Bitcoin could surge to $160,000 by the end of 2025—but only if the capital structure supporting Bitcoin Treasury Companies (BTC-TCs) remains stable. These firms, led by Michael Saylor’s Strategy (formerly MicroStrategy), now hold approximately 725,000 BTC, or 3.64% of the total supply.
The bullish forecast hinges on a 30% probability scenario where global liquidity stays abundant, institutional demand accelerates, and BTC rallies 50% beyond current levels. The sustainability of BTC-TCs’ net-asset-value premiums is critical to this outcome. Strategy dominates the space with 597,000 BTC, but newer entrants like Marathon Digital and Metaplanet are rapidly expanding their exposure—now surpassing US spot-ETF holdings by more than half.
Ark Invest Offloads Coinbase and Robinhood Shares Amid Bitcoin Rally
Cathie Wood's Ark Invest divested $6.5 million in Coinbase Global shares and $5.8 million in Robinhood stock on Thursday, capitalizing on their upward trajectory during bitcoin's surge. Both equities climbed over 4% as BTC breached $118,000, demonstrating institutional profit-taking during crypto market highs.
The sales occurred through Ark Innovation ETF's liquidation of 16,627 COIN shares and 58,504 HOOD shares, alongside $1.7 million in Block Inc. positions. Coinbase's partnership with Perplexity AI for crypto data services contrasts with Robinhood's regulatory challenges over European tokenization plans.
Peter Schiff Bitcoin vs Silver: Why Silver May Outperform Next?
As Bitcoin (BTC) continues its upward trajectory, surpassing the $116,000 mark, prominent critic Peter Schiff has doubled down on his skepticism. The Gold and silver advocate argues that silver may soon outperform the leading cryptocurrency, citing volatility and intrinsic value concerns.
Schiff's longstanding bearish stance on Bitcoin contrasts sharply with the asset's recent bullish momentum. His preference for precious metals highlights a growing divide between traditional commodity investors and crypto adopters.
Bitcoin's Steady Ascent to $118K Signals Maturing Market Amid Declining Volatility
Bitcoin's bull run has entered a new phase, characterized by steady price appreciation and declining volatility—a departure from the wild swings of previous cycles. Since November 2024, BTC has surged 68%, climbing from $70,000 to over $118,000, while both realized and implied volatility have dropped sharply. This trend mirrors the behavior of traditional financial markets, signaling growing institutional adoption and market maturity.
Analysts point to structural shifts driving the subdued volatility. The Volmex BVIV index, tracking 30-day implied volatility from Bitcoin options, has fallen from 70% to 40% since January 2025—its lowest level since October 2023. Deribit's DVOL index reflects a similar decline. Unlike past retail-driven parabolic rallies, this cycle is marked by orderly institutional flows, which have dampened price fluctuations.
Institutions are increasingly employing strategies like selling covered calls to generate yield, particularly through bitcoin ETFs such as BlackRock's IBIT. These tactics suppress implied volatility even as spot prices rise. Market makers, balancing risks from long vega exposure, further contribute by selling volatility. Bitcoin's 30-day realized volatility has plummeted from 85% in early 2024 to around 28%, underscoring the newfound calm.
Liquidity depth and the asset's maturing profile play pivotal roles. Large players now require more capital to move prices, reflecting a market that has evolved beyond its speculative roots. While macro conditions, including a weakening U.S. dollar, remain a factor, Bitcoin's trajectory increasingly resembles that of a established asset class.
Bitcoin Hits New All-Time High as Retail Investors Exit—A Classic Contrarian Signal
Bitcoin's recent surge to a new all-time high (ATH) coincides with a notable exodus of retail investors, according to on-chain data from Santiment. The Total Amount of Holders metric, which tracks addresses with non-zero balances, has declined in the lead-up to the breakout. This suggests a capitulation by smaller investors just as institutional momentum propelled the rally.
Historically, such divergences between retail behavior and price action have marked key turning points. The current trend echoes past cycles where retail exits preceded major upside moves. Santiment's data underscores the contrarian nature of Bitcoin's market structure, where weak hands often fold before decisive breaks.
The analytics firm's chart reveals a clear correlation between holder depletion and subsequent price appreciation. While new adoption typically drives holder growth, the recent decrease points to consolidation among stronger participants. This dynamic mirrors 2020's cycle, when retail skepticism accompanied Bitcoin's climb from $10,000 to $20,000.
Will BTC Price Hit 200000?
Emma maintains a cautiously optimistic outlook: 'Our $160K year-end target remains achievable given current institutional adoption rates. For $200K, we'd need to see sustained demand from Treasury holdings and mining hash rate doubling current levels.'
Key Levels | Value |
---|---|
Current Price | $117,322.76 |
20-Day MA Support | $108,389.24 |
Upper Bollinger | $115,228.49 |
Year-End Target | $160,000 |
$200K Scenario | Q2 2026 |