$BTC 📰 Current News about Bitcoin

1. Record highs and legislative impulse

Bitcoin has reached a new historic high of around $118,860, just before the American 'Crypto Week' — a key legislative event where several proposals will be discussed, including CLARITY, GENIUS, and the Anti-CBDC Act.

2. Institutional adoption is strengthening

Companies like MicroStrategy, GameStop, Figma, Sequans, and others continue to increase their Bitcoin reserves. The total corporate holdings have reached 847,000 BTC, which represents a 23% increase in Q2 2025.

3. Regulation and strategic reserves

In the United States, the government is considering building a Strategic Bitcoin Reserve, where the BTC holdings are financed by confiscated bitcoins from states. This could significantly influence the institutionalization of the asset.

📊 Technical Overview

The market trajectory signals a cup-and-handle pattern with a proposal for further growth of up to 14% to approximately $134,500 according to technical analyst Katie Stockton.

Currently, the price is consolidating between $117,000–118,000, without a clear trend temporarily.

🔮 Price Predictions

Short-term: An increase to $120,000–$122,000 is expected during July due to waiting for legislative shifts and technical momentum.

Medium-term: Possible growth to $150,000–200,000 by the end of 2025, supported by the strategic reserve, ETFs, and institutional interest. Financial advisors and the Director of Bitwise are citing targets around $200,000+.

Long-term (2030): Consensus among Binance users predicts up to $150,000, with an extended estimate of $300,000+ or even $500,000 when extrapolating the trend into the decade.

📈 Main Risks and Factors

Regulatory uncertainty – the progress of legislation, the stance of the Fed, and ETF structure can cause price fluctuations.

Macroeconomics – e.g., dollar policy, interest rates, and geopolitics influence momentum.

Technical corrections – consolidation may result in drawdowns, especially during significant RSI overbought conditions.