Tuesday, July 8, 2025

🚀 Bitcoin Breaks $109K! Why Analysts See $120K Next and Why You Should Watch Closely

 

Last Title: «🔒 Vitalik Buterin’s Bold Move: Why Capping Gas Could Make Ethereum Stronger and Safer»



Bitcoin is on the move again, and it’s taking the whole crypto market with it. In the past 24 hours, BTC surged back above the $109,000 mark, inspiring confidence across altcoins like Ethereum, XRP and Dogecoin, which are also pushing higher.

The global cryptocurrency market cap rose 0.8% to $3.36 trillion a fresh sign of growing enthusiasm from traders and investors worldwide.

📈 Behind the Rally: Growing Liquidity and Big Money Moves

New data from IntoTheBlock shows something hard to ignore:

  • Large Bitcoin transaction volume jumped by an impressive 95.4%.

  • Daily active addresses rose by 14.3%, suggesting more real user engagement.

  • High-value transactions over $100,000 surged from 7,469 to 10,853 in just one day.

  • Exchanges also saw netflows skyrocket by 379.5%, pointing to increased trading activity.

These numbers reveal serious money is moving and fast.

🔍 Analysts Predict: From Chop to Pop

Leading voices in crypto are reading the signs:

✅ Ted Pillows sees Bitcoin's current move as closely tied to M2 money supply trends. Notably, he highlights a “wick”-like spike in liquidity, which could translate into BTC pushing up to $120K–$125K soon.

✅ Daan Crypto Trades believes Bitcoin’s recent sideways chop is forming powerful liquidity clusters. His verdict: “the longer the chop, the bigger the pop,” suggesting a potential move of 5% or more once momentum takes off.

✅ Javon Marks adds that BTC’s momentum now mirrors the build-up before its last major breakout, hinting at a fresh explosive move to new highs.

⚠️ Liquidations Fuel Volatility But Also Opportunity

According to Coinglass, over 73,000 traders were liquidated in the last 24 hours, adding up to $163.87 million in liquidations. While painful for some, these liquidations can clear the path for fresh price action often leading to bigger swings in either direction.

🧐 What Does It All Mean for You?

Bitcoin reclaiming $109,000 isn’t just a headline it could be the start of the next significant rally. Data shows growing liquidity, big transactions, and a steady increase in active users. Analysts across the board are spotting signs of an upcoming surge, with targets set around $120K–$125K.

In fast-moving markets like crypto, waiting too long can mean missing the window. If you’re watching BTC or other top coins, now might be the time to dig deeper, revisit your strategy, and prepare for what could be the next leg up.

Disclaimer: This article is for informational purposes only and shouldn’t be taken as financial advice. Always do your own research before making investment decisions.

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