Bitcoin reached a new all-time high of $123,000 yesterday after several days of strong gains, but the momentum has slowed, currently sitting around $116,000 - down more than 4% in the past 24 hours. However, this increase has benefited long-term holders who bought into previous dips, and many view this correction as a short pause in a broader uptrend. Despite the recent rise, some experts believe this is still an opportunity to accumulate further, indicating long-term potential far exceeding current highs.

Changpeng Zhao Emphasizes Continued Buying Opportunities

Changpeng Zhao, the former CEO of Binance, shared his views on the recent market developments. On July 11, he wrote on X that even with Bitcoin's strong performance in recent days, the current price still has room for building long-term positions. According to him, this journey is far from over.

Zhao points out that price drops are a normal part of the market cycle. He predicts there will be more dips, meaning further opportunities for investors who have missed previous chances. According to him, the current price still offers a buying opportunity, as the broader cycle indicates Bitcoin has yet to reach its full potential.

Instead of worrying about short-term peaks, Zhao encourages people to consider the bigger picture regarding Bitcoin. A key reason Bitcoin retains value is its limited supply and the absence of any regulatory body controlling it. Especially when inflation is high, these characteristics make Bitcoin an attractive option for many investors, allowing them to remain confident even as prices fluctuate.

It's Not Too Late to Catch Up

Financial author and investor Robert Kiyosaki also commented after Bitcoin surpassed the $120,000 mark. He has long supported alternative assets and continues to advocate for Bitcoin.

Kiyosaki believes that those who currently own Bitcoin are in a strong position. However, he acknowledges that some may feel they have missed out on the opportunity. Nonetheless, he does not think it is too late to start. His advice is very simple: start small.

Kiyosaki also mentioned Warren Buffett's current strategy, noting that the chairman of Berkshire Hathaway is holding $350 billion in cash. He believes that Buffett is waiting for a market correction, at which point this money could be used to buy valuable assets at discounted prices. The lesson from Kiyosaki: staying informed and being patient are just as important as acting quickly.

If you haven't started buying BITCOIN... I recommend starting with small amounts... begin with one Satoshi. Remember that Warren Buffett has sold all his stocks and is holding $350 billion in cash. I doubt he is waiting for the world to collapse... After that, he will come back and buy the best assets with cash. It's time to be smarter and the best time to get rich... if you are smart, patient, learn... and have awareness.

Robert Kiyosaki

Institutional Interest Drives Optimism About Bitcoin's Future

Even with the current price drop, the optimism of major investors in the market remains. Analysts at Bernstein believe that the cryptocurrency bull market is not over yet. They predict it will last until 2026, partly due to the increasing interest from institutions.

Bernstein has set a price target for Bitcoin at $200,000 by early 2026. This figure is based on expectations of ongoing demand from both retail and professional investors. Data from Bitcoin Treasury shows that many public companies are increasing their Bitcoin holdings. In the past week, 12 companies have added more Bitcoin to their portfolios. The top 100 public companies with Bitcoin on their balance sheets currently hold a total of 858,723 BTC.

This trend shows that institutional support for Bitcoin is not just empty words - it is happening in real-time. As more companies and large funds invest in Bitcoin, this will add stability and legitimacy to the market.

Although no one can predict prices with certainty, some investors are still betting on short-term growth. On Polymarket, the likelihood of Bitcoin reaching $125,000 before the end of July is 45%. The chance of hitting $130,000 this month is estimated at 20%. These numbers reflect a mix of optimism and caution, yet confidence in continued upward momentum remains strong.