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  • Bitcoin Bull Market Strengthens as Analysts Eye $138K and Speculators Signal Local Bottom

Bitcoin Bull Market Strengthens as Analysts Eye $138K and Speculators Signal Local Bottom

Onchain metrics and market sentiment show Bitcoin's bull cycle is far from over. Meanwhile, traders brace for the next leg up as BTC consolidates near $118K.

AuthorAuthor

Joe G & Money Talks
July 23, 2025 • Estimated Reading Time: 5 minutes

What we will talk about today...

Bitcoin Analysts Say BTC Heading for $138K, Not a Top Yet

Retail Selling May Mark Bitcoin’s Local Bottom at $117.5K

Emotionless Crypto Traders Set to Win Big, Says Exec

XRP Could Hit $10 After $3.66 High, Say Analysts

Bitcoin Critic Peter Schiff Actually Owns BTC

Bitcoin Analysts Say BTC Heading for $138K, Not a Top Yet

Strong fundamentals and cooling momentum suggest the rally isn't done.

  • No peak signals: All 30 CoinGlass indicators show no signs of a market top.

  • STH metrics steady: Bitcoin short-term holders aren’t showing signs of exhaustion.

  • Onchain data strong: Metrics like network growth and liquidity remain robust.

“This isn’t a top. It’s a coiled setup with support beneath it.”

Bitcoin Vector

“For now? Green lights.”

CryptosRus

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Retail Selling May Mark Bitcoin’s Local Bottom at $117.5K

Profit-taking by short-term holders could set up BTC’s next bounce.

  • STH inflows spike: Binance’s inflow ratio from short-term holders hit 0.4, historically tied to bottoms.

  • Spot volume jumps: Binance led a surge in BTC trading after recent highs.

  • Support at $117.5K: Order book liquidity suggests strong buying interest at this level.

“The latest spike... suggests retail participants may have started depositing their Bitcoin... to secure profits.”

Amr Taha, CryptoQuant

Emotionless Crypto Traders Set to Win Big, Says Exec

Following historical patterns may still be the best play.

  • Cycle repeating: BTC to peak before capital flows into altcoins and memecoins.

  • Altseason coming: ETH up 20% as BTC dominance drops, signaling rotation.

  • XRP joins in: Altcoin Season Index confirms trend shift from BTC to alts.

“If you’re analytical, follow the patterns, and take an emotionless approach, you’re going to do well.”

Mena Theodorou, Coinstash

XRP Could Hit $10 After $3.66 High, Say Analysts

Classic chart patterns and bullish indicators suggest more upside.

  • Pennant breakout: XRP aims for $4.20 from current consolidation.

  • $5–$8 zone: Fib extensions and MACD crossover signal next leg.

  • $7–$10 possible: XRP dominance breaking resistance could spark explosive gains.

“If history repeats, a confirmed breakout could send XRP toward $7–$10.”

Analyst Dom

Bitcoin Critic Peter Schiff Actually Owns BTC

Despite years of skepticism, Schiff admits holding a small stash.

  • Confirmed BTC holder: Owns 0.0564 BTC (~$6,670) in a reserve he vowed never to sell.

  • Other tokens too: Wallet includes $11.9K in various digital assets, including Physical Gold tokens.

  • Public irony: Schiff’s holdings reflect crypto’s growing reach—even to its harshest critics.

“I do own Bitcoin... But I promised donors that I’d never sell, so it’s like I don’t really own it.”

Peter Schiff

CAN YOU PREDICT THE PRICE?

Bitcoin Price Prediction for Tomorrow?🤔

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results