📰 Summary of "Traders' Perspective: Bitcoin Optimistically Aiming for 133K"
Breaking the old peak & increasing confidence: After two weeks of sideways movement, BTC surged to 112K USD, raising the Fear & Greed index to 71 (Greed). Altcoin Season Index is only 26/100 → capital is mainly concentrated in BTC.
Technical analysis & trader's perspective:
BTC has escaped the downtrend at the end of 05/2025; trader Matthew Hyland believes that the buyers are in control of the trend.
Kyle Reidhead (Milk Road) is optimistic that the “cup & handle” pattern could push the price to 150K.
10x Research assesses the trend reversal since 29/6, with a 60% chance that BTC will increase by ~20% (to the 133K mark) before September.
Institutional push & ETFs:
Cash flow into US Bitcoin spot ETFs ≈ 1.04 billion USD just in July; institutions are replacing individual investors in leading the market (according to eToro).
Short squeeze is forming:
217 million USD in short positions have been liquidated in 24 hours; an additional 1.6 billion USD in shorts is at risk of “vanishing” if BTC reaches 115K.
Favorable macro factors:
US CPI announced on 15/7 is expected to be “moderate”.
“Crypto Week” at the US Congress is about to kick off, which may strengthen positive sentiment.
➡️ Conclusion: Psychological indicators, ETF cash flow, and technical analysis all support the scenario of BTC continuing to rise, with a short to medium-term target of 133K and further to 150K if momentum is maintained. However, investors should be cautious of the risk of short squeezes and upcoming CPI volatility.
