Bitcoin Soars to $118,764: Is a $250,000 Peak on the Horizon?

Bitcoin continues its reign as the crypto king, trading at an impressive $118,764 with a steady 0.34% weekly gain and a robust 12.94% monthly surge. Hitting a recent high of $123,091.61 on July 14, 2025, the rally is fueled by strong institutional buying, spurred by spot Bitcoin ETF approvals and the lingering effects of the 2024 halving. Analysts are bullish, forecasting Bitcoin could climb to $145,167–$162,353 this year, with some even eyeing a lofty $250,000. But caution looms—large institutional accumulations raise fears of a potential price bubble. As Bitcoin’s momentum grows, will it shatter records or face a correction? Stay tuned to the crypto rollercoaster! #bitcoin #CryptoTrends #Investing #CryptoScamSurge #BTCvsETH $BTC $ETH $BNB