The Bitcoin
(BTC) price has entered a price discovery phase following its three-day march
two new record highs, currently trading at approximately $117,600 as of Friday,
July 11, 2025. This represents a solid 6% gain in the past 24 hours, with the
cryptocurrency demonstrating remarkable stability amid broader financial market
uncertainty.
The current
Bitcoin news landscape is dominated by unprecedented institutional
adoption, record inflows to ETF instruments and liquidations of short
positions. Moreover, the most up-to-date Bitcoin price predictions for 2025 and
beyond suggest that the crypto may soon break through psychological barriers
and jumb by more than 300% to exceed $500,000 by 2030.
Bitcoin Price Today Holds
Strong Near $118K
Bitcoin
price today reflects a market in fundamental transformation, with the
cryptocurrency demonstrating institutional-grade resilience despite
geopolitical tensions and traditional market volatility. The digital asset has
maintained its position well above the crucial $100,000 psychological milestone
since June.
The
macroeconomic environment, shaped
by trade wars and the Federal Reserve’s policies, has become so favorable
to Bitcoin that it has already surged 8% this week, setting new all-time highs
(ATH). On
Thursday, it climbed above $116,000, and on Friday, it rose further to over
$118,000.
For one
Bitcoin, the current price across major exchanges hovers around $117,600 at the
time of writing, with the asset moving into the price discovery zone as
institutional players establish long-term positions.
BTC/USDT price today. Source: Tradingview.com
Recent
price action shows Bitcoin trading with heightened volatility compared
to previous cycles, with technical indicators suggesting continued
institutional accumulation. The MACD indicator displays strengthening momentum,
indicating growing buying pressure from sophisticated investors who view any
dips as strategic entry points.
Trading
data reveals substantial
institutional engagement, with Bitcoin ETFs experiencing consistent inflows
and corporate treasuries continuing to add Bitcoin to their balance sheets. Bitcoin
and Ethereum (ETH) ETFs recorded the second-largest day of inflows on record,
according to data from Farside Investments.
๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ง๐ ๐๐น๐ผ๐ (๐จ๐ฆ$ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป) โ 2025-07-10
TOTAL NET FLOW: 1,175.6
IBIT: 448.5
FBTC: 324.3
BITB: 77.2
ARKB: 268.7
BTCO: 0
EZBC: 0
BRRR: 0
HODL: 15.2
BTCW: 0
GBTC: -40.2
BTC: 81.9
For all the data & disclaimers visit:https://t.co/Wg6Qpn0Pqw
โ Farside Investors (@FarsideUK) July 11, 2025Bitcoin Technical Analysis
Shows Uncharted Territories
Based on my
technical analysis, Bitcoin has finally broken out decisively from the
consolidation range that had been forming since mid-May, confined between
$100,000 and $112,000. As
I noted in my earlier reports, a move above this resistance zone was
essential for BTC to enter a true price discovery phase, navigating uncharted
territory.
So far, it
has done just that, testing $118,092 as a new ATH on Binance. Whatโs next? By
nature, price discovery phases are difficult to analyze. In my view, a healthy
move would be a pullback toward $112,000 to test it as a new support level
(following the principle of role reversal), before continuing its upward trend.
However, if market hype kicks in, the rally could accelerate rapidly and push
prices significantly higher.
The RSI
indicates that Bitcoin is currently in overbought territory. That said, if BTC wants to continue its climb, it may well ignore this signal, eBspecially given that the latest analyst forecasts are highly bullish.
Bitcoin/USDT daily chart โ Source: TradingView.com
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Bitcoin Price Prediction
Outlook Suggests Massive Upside
The Bitcoin
price prediction landscape presents overwhelmingly bullish signals as
the cryptocurrency navigates through its institutional adoption phase.
However,
renowned financial advisor Ric Edelman, who accurately predicted Bitcoin’s
institutional breakthrough last year, suggests the cryptocurrency may be
approaching the beginning of its most significant price appreciation cycle. His
analysis indicates Bitcoin has been building institutional foundations, and the
next major move could align with revolutionary portfolio allocation shifts.
Edelman
was a guest of Natalie Brunellโs Coin Stories where he talked about 6 myths
about Bitcoin, price projections and portfolio allocations:
โIโm
actually pretty conservative. A lot of other folks say $1 million by 2030,โ
commented Edelman. โMichael Saylor says $5 million. But not too many others
share their math. I do pretty openly. Iโll tell you very quickly and easily how
I get there. If you take a look at the worldโs global assets, the total value
of everything, the value of stocks, bonds, real estate, gold, oil, commodities,
you name it, add up the total value of everything, itโs about $800 trillion.โ
If all the
current asset holders were to allocate just 1% of their portfolios to Bitcoin,
