Potential Bitcoin Predictions Today:
Current Price
• Currently trading at around $118,250.
• Recently recorded its highest level on July 14, 2025, at $123,236.
Technical Predictions and Analysts' Positions
1. Major Technical Support at ~ $110,000:
• Technical analyses indicate that stability above $110,000 could drive the price towards $130,000.
• A slight drop below this support may open the door for a reasonable corrective decline.
2. Elliott Wave Analysis:
• Some analysts believe that Bitcoin is in an upward wave (Phase V) and may reach a target of $131,000 soon.
3. Long-Term Prediction from Citigroup:
• Citi analysts estimate that the price could rise to $199,000 by the end of 2025, with indications that institutional flows (like ETF funds) are a key factor in pushing the price.
• In contrast, warnings such as those from Robert Kiyosaki suggest possibilities for a strong upcoming correction.
4. Short-Term Daily and Weekly Predictions:
• The Traders Union platform predicts a slight increase in the coming days for the next week to approximately $118,714, then to around $118,822 within 48 hours, with a forecast of reaching $134,200 within a month.