This is how the price and your attitude towards next possible targets is manipulated. Below you will see two news, where each one tunes your brain to different possible outcomes.
‘See you at $150K,’ says Bitcoin bull after BTC taps new highs
Economist Timothy Peterson said that if Bitcoin hadn’t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.
Markets News
Bitcoin could be heading to $150,000 after spiking to a new all-time high of $112,000 on Wednesday, according to a Bitcoin bull.
“See you at $150k,” Milk Road co-founder Kyle Reidhead said in an X post on Wednesday, referencing a previous post in late June showing a “bullish cup and handle” formation that he said will push Bitcoin to $150,000.
The optimism follows two weeks of tight consolidation, which saw many analysts concerned Bitcoin may not have the strength to pass its former record high in May.
Bitcoin’s much-needed boost
The new all-time high appears to have come at good timing.
Just hours before Bitcoin’s new high, economist Timothy Peterson told Cointelegraph that if Bitcoin doesn’t hit new highs within the next two weeks, the asset likely won’t be able to come close until October.
Market sentiment is increasing, too. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, spiked 5 points to a “Greed” score of 71 out of 100.
The Crypto Fear & Greed Index is now sitting at the same score it was 30 days ago. Source: Alternative.me
Advertisement
Start Your Crypto Journey with Coinbase! Join millions worldwide who trust Coinbase to invest, spend, save, and earn crypto securely. Buy Bitcoin, Ethereum, and more with ease!
Meanwhile, the CoinMarketCap Altcoin Season Index signals the market is still heavily favoring Bitcoin, with a “Bitcoin Season” score of 26 out of 100.
From a technical standpoint, Bitcoin appears to have broken out of its recent downtrend, according to crypto analyst Matthew Hyland. “BTC confirms daily higher-high and confirms an end to the downtrend that started in late May,” Hyland said in a post on Wednesday.
“Bulls are in control,” Hyland said.
Bitcoin is currently trading at $111,383, according to TradingView data.
📈The Cointelegraph Markets Show!
🔥 Burning question: Will Bitcoin hit $150K by year-end or is it just hopium?@HorusHughes and @bitcoinwallah join @rkbaggs to break it all down in 15 minutes or less on this week’s episode.https://t.co/YVesqoLwnA
— Cointelegraph (@Cointelegraph) July 9, 2025
In comments sent to Cointelegraph, eToro analyst Josh Gilbert said, “This is the first real bull market where institutional participation is front and center.”
Related: Bitcoin analyst warns time ‘running out’ for another BTC price parabolic rally
“Strong ETF inflows and a solid macro backdrop have helped drive market momentum, but perhaps the most crucial shift is who’s buying,” he added. In July alone, there have been approximately $1.04 billion inflows into US-based spot Bitcoin ETFs, according to Farside data.
Coinstash co-founder Mena Theodorou echoed a similar sentiment. “It is clear that this momentum is being driven by institutions, not retail investors,” Theodorou said.
“Even in the face of global uncertainty, from escalating trade tensions to rising geopolitical risks, Bitcoin has remained resilient,” he added.
Bitcoin record high catches traders off guard
Not all market participants were anticipating a new Bitcoin high.
Just a day earlier, on Tuesday, Bitfinex analysts said that traders are cautious about buying Bitcoin at its current level, as the cryptocurrency is struggling to find the strength to break above its all-time high.
Bitcoin traders’ leveraged positions also show a similar story. Over the past 24 hours, approximately $217.55 million in Bitcoin short positions were liquidated, according to CoinGlass data.
Data also shows there is $1.6 billion in short positions at risk of liquidation if Bitcoin moves another few thousand dollars to $115,000.
Meanwhile, Santiment sentiment data on Tuesday showed the highest Bitcoin sentiment ratio in the past three weeks. Santiment analyst Brian Quinlivan cautioned that similar spikes in trader optimism were followed by Bitcoin price drops on June 11 and July 7.
and another one at the same day:
US debt rises to $36.6T: Will recession signals send Bitcoin back to $95K?
Bitcoin price hit new highs today, but surging US debt and concerning housing data raise fears of a recession-led Bitcoin drop toward $95,000.
Market Analysis
Key takeaways:
Exploding US debt and housing market stress could trigger a sharp BTC correction toward $95,000.
Bitcoin’s price remains closely tied to macro trends, including Fed policy and institutional flows.
The United States’ gross national debt increased by $367 billion on Monday, reaching an all-time high of $36.6 trillion. The surge followed US President Donald Trump’s approval of the “One Big Beautiful Bill,” which raised the debt ceiling by $5 trillion on Friday. Could this be the trigger for a Bitcoin crash to $95,000?
Analysts, including Kurt S. Altrichter, CRPS and founder of Ivory Hill Wealth, have raised red flags about the US housing market. A powerful metric that typically spikes during past economic downturns has now reached alarming levels, according to Altrichter.
Source: X/kurtsaltrichter
The inventory of new single-family homes is approaching 10 months’ worth of supply. According to Altrichter, this “has only occurred during or right before recessions.” He asserts that the weakness in housing stems from high interest rates but, more importantly, from what he calls “demand evaporation.”
If this historical pattern — linking housing oversupply to broader economic decline — holds true, the impact could weigh on risk-on assets, including Bitcoin. Even if the long-term effect proves positive for crypto, the immediate reaction from investors tends to be risk aversion, favoring cash and short-term bonds.
Source: X/jackmallers
Jack Mallers, co-founder and CEO of Strike, noted on X that the only viable option for the US Treasury is to expand the monetary base — an action akin to printing money. Mallers argues that the government is unlikely to default on its debt, meaning debasement becomes the final resort. This, he suggests, creates an ideal environment for a Bitcoin rally.
Bitcoin’s fate depends on the US Federal Reserve’s actions
There’s also a counter-narrative: Some market participants say Bitcoin’s breakout above $112,100 on Wednesday is unrelated to fiscal issues or recession fears. Instead, they attribute the broader stock market rally to expectations of policy shifts at the Federal Reserve.
Speculation is also growing around Trump’s potential push to replace Fed Chair Jerome Powell. If successful, the move could lead to more dovish monetary policy. Trump has repeatedly urged the Fed to lower interest rates. According to Fox Business, he is currently vetting candidates to succeed Powell, whose term ends in May 2026.
Despite strong net inflows into Bitcoin exchange-traded funds (ETFs) and rising institutional demand, BTC remains closely tied to broader equity markets.
Bitcoin/USD 40-day correlation vs. S&P 500. Source: TradingView / Cointelegraph
The correlation between Bitcoin and the S&P 500 stands at 68%, meaning both asset classes have presented similar price trends. The ongoing US import tariffs are another risk factor, potentially hurting corporate earnings, especially in the tech sector, which is heavily reliant on global trade.
Nvidia (NVDA), which became the world’s most valuable company with a $4 trillion market cap on Wednesday, could be particularly exposed. It’s difficult to predict whether escalating trade tensions will spark a steep decline in tech stocks. While raising the debt ceiling often boosts risk-on sentiment, the threat of a recession may trigger a Bitcoin correction to $95,000.
Ultimately, a new all-time high for Bitcoin in 2025 remains plausible, as noted by Strike’s Jack Mallers. But for now, traders appear to fear whether the AI-driven tech sector will weather the trade conflict.
*********************************
If one of the paying programs on our Monitor appeals to you, please support EmilyNews by registering for it on our website. Thanks very very much!
EN web Support Chat | Hyips and Crypto questions – HyipChatEN
Telegram Chat for Crypto and Hyip reports: @HyipChatEN
