The clean breakout and growing institutional adoption suggest a sustained bull-run but traders should watch out for profit-taking and volatility
On July 9, Bitcoin surged past $112,000 thereby setting a new record surpassing its previous peak of May 22, 2025.This rally fiueled by strong institutional demand ETF Inflows and a favorable macroeconomic environment signals robust bullish momentum.
Analyst and traders are optimistic with price targeting $115,000 to $120,000 by July ending driven by corporate treasury allocations and potential crypto-friendly policies with some even projecting $200,000 to $230,000 if the momentum persist
