According to 10x Research, crypto investors may be underexposed to Bitcoin, as traders show increased optimism for the asset. 10x Research's Bitcoin trend model indicates a 60% chance of further upside in the next two months, with historical data suggesting a potential 20% gain.
Analysts predict Bitcoin could benefit significantly from a potential 'Big Beautiful Bill' under a second Trump administration. This optimism stems from Trump's increasingly pro-crypto stance and policies aimed at boosting the economy and deregulation, which are seen as favorable for the digital asset.
Bitcoin analysts explain why the Bitcoin price can't break the $112K all-time highs, analyzing current market dynamics and the conditions needed for a potential breakout.
Bitcoin analysts predict a bullish July as the market absorbs selling pressure. Historical data and correlation with the S&P 500 support this view, with a potential push towards new highs.
Bitcoin analysts are examining the conditions needed for BTC price to surpass the $112,000 barrier, considering ETF inflows, market liquidity, and technical indicators.
Analysts predict Bitcoin may reach $120,000, driven by increased institutional adoption, Bitcoin ETF inflows, and positive technical indicators. However, the crypto market remains volatile, and investors should exercise caution.
