#ShareYourThoughtOnBTC #BTCPrediction
Here’s the live Bitcoin (BTC) price (in
Bitcoin is a crypto Emperor.
The price is 116784.0 USD currently with a change of 4374.00 USD (0.04%) from the previous close.
$BTC What’s Going On with BTC Today?
Bitcoin is actively trading around $116,784, with intraday movement ranging between ~$111,761 and ~$117,327. The view across multiple sources shows a cautiously optimistic short-term sentiment:
A rebound above the $112,000 level has sparked expectations of a potential move toward $120,000 in the coming days.(Brave New Coin)
Post-Fed Chair Powell’s speech, the outlook shifted – investors interpreted hints of a possible interest rate cut as dovish, prompting a rally back from under $112k to around $116,500 to $117,000.(Investopedia)
Still, technical indicators are mixed: a rejection near the ~$124,450 mark, coupled with a 50-day moving average acting as resistance, suggests potential downside — possibly back toward $108k–$105k — if support fails to hold.(icobench.com, Investopedia)
Overall sentiment is cautiously optimistic despite a recent roughly 8% pullback into the $113k range. Analysts see signs of recovery as bullish tokens bounce back.(The Economic Times, Investopedia)
Short-Term Perspective (Next Few Days to Weeks)
BraveNewCoin sees a rally toward $120,000 after the rebound above $112k.
IndiaTimes similarly expects BTC could surge to $135k in August and even reach $150k by 2026, fueled by institutional interest like BlackRock’s substantial holdings.(Indiatimes)
Bernstein analysts extend the bull-run projection through 2027, forecasting BTC could climb to $200,000 within 6–12 months. However, more cautious voices — such as Martin Leinweber — suggest a more restrained peak of $140k–$150k by late 2025.(MarketWatch)
Long-Term Forecasts (2026–2035 and Beyond)
Bitwise delivers an exceptionally bullish thesis: Bitcoin could reach $1.3 million by 2035, citing institutional adoption, inflation-hedge demand, and scarcity.(AInvest, CoinDesk)$BTC