By Wednesday, July 9, 2025, the general trend in the cryptocurrency market, especially for Bitcoin and Ethereum, is shaping up to be bullish in the long term, although there are expected short-term adjustments and volatility. Here I detail the key factors and expectations: Factors influencing the trend: * Institutional adoption and ETFs: The approval and growing interest in Bitcoin and Ethereum ETFs, as well as the entry of financial institutions into the market, are legitimizing the crypto space and increasing liquidity and stability. This trend is expected to continue, attracting more investors and reducing long-term volatility.
The rise or fall of Bitcoin can be determined by the “bull market” and the “bear market.” A bullish situation indicates that the market is optimistic and price increases are anticipated, which boosts buying. Conversely, a bearish scenario denotes pessimism and the outlook of a price decline, which encourages low sales. These are the concepts that forecasters use to determine price patterns.
Price prediction of #bitcoin
Why is Bitcoin going up today? The price of Bitcoin rose from 102,000 to 108,000, representing an approximate increase of 4.9%. Investors quickly reacted to the decrease in geopolitical risks, interpreting the announcement of the ceasefire as a buy signal. Another driver of growth was the statement from the Minister of Commerce, #HowardLatnik , who confirmed the signing of a trade agreement with China and announced plans to conclude similar agreements with several other countries. #Write2Earn
The rise or fall of Bitcoin can be determined by the “bull market” and the “bear market.” A bullish situation indicates that the market is optimistic and price increases are anticipated, which boosts buying. Conversely, a bearish scenario denotes pessimism and the outlook of a price decline, which encourages low sales. These are the concepts that forecasters use to determine price patterns.
Why is Bitcoin going up today? The price of Bitcoin rose from 102,000 to 108,000, representing an approximate increase of 4.9%. Investors quickly reacted to the decrease in geopolitical risks, interpreting the announcement of the ceasefire as a buy signal. Another driver of growth was the statement from the Minister of Commerce, #HowardLatnik , who confirmed the signing of a trade agreement with China and announced plans to conclude similar agreements with several other countries. #Write2Earn
By Wednesday, July 9, 2025, the general trend in the cryptocurrency market, especially for Bitcoin and Ethereum, is shaping up to be bullish in the long term, although there are expected short-term adjustments and volatility. Here I detail the key factors and expectations: Factors influencing the trend: * Institutional adoption and ETFs: The approval and growing interest in Bitcoin and Ethereum ETFs, as well as the entry of financial institutions into the market, are legitimizing the crypto space and increasing liquidity and stability. This trend is expected to continue, attracting more investors and reducing long-term volatility.