Here’s a comprehensive outlook on today’s crypto market and what experts are predicting:
📈 Bitcoin (BTC)
Current price is around $117 k, down slightly intraday.
Near-term forecasts:
AI models (ChatGPT, Gemini, Perplexity) expect BTC to test $120–125 k soon, possibly touching $130 k if momentum holds.
Institutions: Analysts see potential for a 30% gain this July, driven by ETF flows and post-halving supply dynamics—suggesting a $130–140 k range, though corrections remain possible.
Reuters/Bernstein: Longer-term forecasts range widely—from $150 k conservative targets to bold predictions of $200 k by year-end, or even $250 k in a Trump-backed scenario.
Key drivers today:
Crypto Week on Capitol Hill: Regulatory clarity via the GENIUS, CLARITY, and Anti‑CBDC acts is fueling institutional confidence.
Strategic Bitcoin Reserve: The US government now holds ~200k BTC, and this formal reserve supports long-term fundamentals.
Technical signals: Whales accumulation and bullish patterns suggest upside toward mid‑$120 k, though DVOL and dollar strength might cause sideways movement first. $BTC
Outlook: Expect consolidation in the $115 k–125 k range this week. A breakout above $125–130 k could signal a rally toward $150 k+ by Q4.