BITCOIN (BTC) BREAKS OUT: WILL IT SURGE TO $120,000?
Bitcoin's recent surge has indeed sparked interest in its potential to reach $120,000. Currently, the cryptocurrency is trading at $107,847.98, with a 1.67% increase. Market expert Doctor Profit predicts Bitcoin could hit $116,000 to $120,000, driven by :
Strong Bullish Divergence: A technical signal on the daily chart indicating potential price increases.
-institutional Demand: US exchange-traded funds are accumulating Bitcoin at a rate eight times greater than its current mining output.
Double Bottom Formation: Bitcoin's recent breakout from this formation suggests further growth.
However, potential short-term fluctuations and market volatility could cause Bitcoin to dip to $90,000 to capture liquidity before rebounding. Historically, major downgrades, like Moody's recent downgrade of the US credit rating, can lead to swift market corrections .
Key Price Levels to Watch:
Support Level: $90,000, which could serve as an optimal entry point.
Resistance Level: $116,000 to $120,000, predicted as the next breakout target.
Overall, while predictions suggest a potential surge to $120,000, the cryptocurrency market's volatility necessitates caution and careful consideration of various factors.$BTC
What I Read This Week…
Circle went public this week in one of the most successful IPOs in recent memory, with shares 25× oversubscribed and the company raising $1 billion, more than double expectations.
Shares priced at $31 closed their first day of trading on the NYSE at $83, giving the company a market capitalization near $19 billion, and then rose again to over $107 the next day.
Circle is best known as the issuer of USDC, a dollar-backed stablecoin widely used for digital payments and on-chain financial infrastructure.
For years, Circle has operated ahead of U.S. regulation, building the underlying architecture for stablecoin issuance, compliance, and settlement in advance of regulatory and legal clarity.
Regulatory and legal clarity may be formalized soon through the GENIUS Act, a bipartisan bill advancing in the House Financial Services Committee that would establish a comprehensive regulatory framework for stablecoins.
In a market where the company that builds the most efficient infrastructure with cost-plus pricing (and a thin margin on top) wins, Circle’s head start and the resources raised through its IPO could give it an advantage over competitors.
The IPO’s success also suggests that public markets are open to new listings, especially from crypto companies, and reinforces that regulatory clarity may be the decisive factor in opening both private and public markets.
🌀 $LPT /USDT Technical Analysis (4H Chart)
💰 Current Price: $7.702 (+1.46%)
📊 Moving Averages:
MA(7): $7.724
MA(25): $7.697
MA(99): $7.467
👉 Price is squeezed tightly between key MAs and at the wedge tip — a high-volatility move is imminent.
📐 Falling Wedge Pattern:
The wedge structure has formed since the $14 spike — and now, price is pushing against the upper trendline.
This is the 4th touch, and statistically, that often precedes a breakout.
If bulls flip $7.80 with volume, it could be a fast squeeze toward $8.40+.
🔍 Current Setup Highlights:
Price is holding above MA(99), and MAs are flattening — momentum shift likely.
Lower timeframe breakouts already visible — 15M chart confirms wedge pressure.
Volume uptick will be the final trigger.
🧱 Key Levels:
Resistance: $7.80 → $8.30 → $8.85
Support: $7.50 → $7.20 → $6.80
🎯 Trade Idea:
Breakout entry: Above $7.80
Targets: $8.30 / $8.85
Stop-loss: Below $7.47 (MA99) or wedge lower boundary
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!
$OP is showing a strong base here around the $0.59–$0.62 zone, holding support perfectly!
A clear breakout above this falling trendline could open the door for a big move → $0.82, $1.08, and even higher toward $1.38+ if momentum builds. 🚀
Structure looks solid, bulls are stepping in again.
Now just need to watch for breakout confirmation.
Stay ready, the next big move may be coming! 👀
DYOR, NFA
#op🔥🔥 #Altseason
CHECK this out my community… I told you earlier to keep an eye on $SUPER —it was gearing up for a breakout. And now it’s pushing up strong, already tapped $0.6998!
Here’s the fresh long trade signal:
Entry: Around $0.6840 – $0.6880
Target: $0.7200 (Final Target)
Stop Loss: $0.6600
Why Buy Now?
SUPER is showing strong bullish momentum. After the recent dip to $0.6208, price bounced back sharply and is now forming higher lows with strong green candles. Volume is rising steadily, which means buyers are actively entering.
If the price stays above the $0.6750 support, we could see another strong move toward the $0.7200 zone soon.
This is a clean and simple setup. Follow the plan, manage your stop loss, and let’s ride the trend higher together.
Buy and Trade here on $SUPER
{future}(SUPERUSDT)
🟠 Bitcoin ($BTC ) Summer Rally Shelved! Analysis Firm Points to This Month for Rally!
Bitcoin broke new records in recent weeks, exceeding $111,000. However, BTC, which has withstood the subsequent pullbacks well, is now moving within a certain range.
At this point, while the expectations for an increase are decreasing, the question of “Will there be a summer rally in BTC and altcoins?” comes to the fore with the arrival of the summer months.
Analyzing the current state of Bitcoin, QCP Capital said that investors have postponed their rally expectations to September.
Analysts stated that Bitcoin volatility has decreased as the market shows signs of fatigue, and that volatility has reached yearly lows as the BTC price movement remains stuck in a certain range.
Analysts said that historical data suggests that Bitcoin volatility could fall further by July, and that the price could also fall.
Analysts have warned that Bitcoin’s price could fall sharply as no clear bullish catalyst is in sight and recent macro events have failed to generate momentum.
QCP analysts also noted that investors are postponing bullish bets, pushing back July options to September.
Without a break above $110,000 or below $100,000, Bitcoin is more likely to remain in its current range, analysts say.
All eyes will be on the US CPI and PPI data to be released this week for any upward or downward movements in Bitcoin.
“A clean break below $100,000 or above $110,000 would likely rekindle broader market interest, but we do not currently see any obvious near-term catalysts to drive such a move.
So we expect Bitcoin to move within a certain range.
Investors are also uncertain about Bitcoin’s movements. Options flows over the past week also reflect this indecision. We have seen expectations for a July peak being postponed until September.
#BTC #Bitcoin
{spot}(BTCUSDT)
🚀 Virtual Protocol: The Next 100x Gem in Web3 Infrastructure?
Virtual Protocol is redefining decentralized computing — and early adopters are paying attention. With real-world utility, low market cap, and strong tokenomics, it’s one of the few projects positioned to power the next generation of metaverse, gaming, and AI platforms.
🧠 Why It Matters:
✅ Decentralized GPU Power
✅ Scalable Web3 Cloud Infrastructure
✅ AI & GameFi Ready
✅ Backed by Top-Tier Devs & Investors
📈 As the demand for AI and virtual experiences explodes, $VIRTUAL could be one of the biggest winners in the space.
💡 Don’t fade this one — accumulate before the crowd catches on.
🔁 Repost if you're bullish
📌 Save this for later
💬 Comment “VIRTUAL” if you want a deep-dive thread!
$VIRTUAL
{spot}(VIRTUALUSDT)
#Write2Earn
According to The Block, crypto platform Uphold is exploring a U.S. IPO or a potential sale to a payments firm, with FT Partners advising. A source said the company is targeting a valuation above $1.5 billion. CEO Simon McLoughlin noted Uphold is in talks with banks, brokers, and financial institutions, considering both public listing and acquisition options.