\u2018See you at $150K,\u2019 says Bitcoin bull after BTC taps new highs<\/h1>\n
Economist Timothy Peterson said that if Bitcoin hadn\u2019t reclaimed its all-time high, the market might have had to wait until October for the next opportunity.<\/p>\n
Markets News <\/span><\/div>\n<\/div>\n 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.<\/p>\n \u201cSee you at $150k,\u201d Milk Road co-founder Kyle Reidhead said in an X post on Wednesday, referencing a previous post in late June showing a \u201cbullish cup and handle\u201d formation that he said will push Bitcoin to $150,000.\u00a0<\/p>\n 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.<\/p>\n The new all-time high appears to have come at good timing.<\/p>\n Just hours before Bitcoin\u2019s new high, economist Timothy Peterson told Cointelegraph that if Bitcoin doesn\u2019t hit new highs within the next two weeks, the asset likely won\u2019t be able to come close until October.<\/p>\n Market sentiment is increasing, too. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, spiked 5 points to a \u201cGreed\u201d score of 71 out of 100.\u00a0<\/p>\n Meanwhile, the CoinMarketCap Altcoin Season Index signals the market is still heavily favoring Bitcoin, with a \u201cBitcoin Season\u201d score of 26 out of 100.<\/p>\n From a technical standpoint, Bitcoin appears to have broken out of its recent downtrend, according to crypto analyst Matthew Hyland. \u201cBTC confirms daily higher-high and confirms an end to the downtrend that started in late May,\u201d Hyland said in a post on Wednesday.<\/p>\n \u201cBulls are in control,\u201d Hyland said.<\/p>\n Bitcoin is currently trading at $111,383, according to TradingView data.<\/p>\n \ud83d\udcc8The Cointelegraph Markets Show!<\/p>\n \ud83d\udd25 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\u2019s episode.https:\/\/t.co\/YVesqoLwnA<\/p>\n \u2014 Cointelegraph (@Cointelegraph) July 9, 2025<\/p><\/blockquote>\n In comments sent to Cointelegraph, eToro analyst Josh Gilbert said, \u201cThis is the first real bull market where institutional participation is front and center.\u201d<\/p>\n Related: <\/strong><\/em>Bitcoin analyst warns time \u2018running out\u2019 for another BTC price parabolic rally<\/strong><\/em><\/p>\n \u201cStrong ETF inflows and a solid macro backdrop have helped drive market momentum, but perhaps the most crucial shift is who\u2019s buying,\u201d he added. In July alone, there have been approximately $1.04 billion inflows into US-based spot Bitcoin ETFs, according to Farside data.<\/p>\n Coinstash co-founder Mena Theodorou echoed a similar sentiment. \u201cIt is clear that this momentum is being driven by institutions, not retail investors,\u201d Theodorou said.<\/p>\n \u201cEven in the face of global uncertainty, from escalating trade tensions to rising geopolitical risks, Bitcoin has remained resilient,\u201d he added.<\/p>\n Not all market participants were anticipating a new Bitcoin high.<\/p>\n 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.<\/p>\n Bitcoin traders\u2019 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.<\/p>\n 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.\u00a0<\/p>\n 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.<\/p>\n<\/blockquote>\n and another one at the same day:<\/p>\n 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.<\/p>\n Market Analysis <\/span><\/div>\n<\/div>\n Key takeaways:<\/strong><\/p>\n Exploding US debt and housing market stress could trigger a sharp BTC correction toward $95,000.<\/p>\n<\/li>\n Bitcoin\u2019s price remains closely tied to macro trends, including Fed policy and institutional flows.<\/p>\n<\/li>\n<\/ul>\n 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\u2019s approval of the \u201cOne Big Beautiful Bill,\u201d which raised the debt ceiling by $5 trillion on Friday. Could this be the trigger for a Bitcoin crash to $95,000?<\/p>\n 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.<\/p>\n The inventory of new single-family homes is approaching 10 months\u2019 worth of supply. According to Altrichter, this \u201chas only occurred during or right before recessions.\u201d He asserts that the weakness in housing stems from high interest rates but, more importantly, from what he calls \u201cdemand evaporation.\u201d<\/p>\n If this historical pattern \u2014 linking housing oversupply to broader economic decline \u2014 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.<\/p>\n 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 \u2014 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.<\/p>\n There\u2019s also a counter-narrative: Some market participants say Bitcoin\u2019s 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.<\/p>\n Speculation is also growing around Trump\u2019s 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.<\/p>\n Despite strong net inflows into Bitcoin exchange-traded funds (ETFs) and rising institutional demand, BTC remains closely tied to broader equity markets.<\/p>\n 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.<\/p>\n Nvidia (NVDA), which became the world\u2019s most valuable company with a $4 trillion market cap on Wednesday, could be particularly exposed. It\u2019s 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.<\/p>\n Ultimately, a new all-time high for Bitcoin in 2025 remains plausible, as noted by Strike\u2019s Jack Mallers. But for now, traders appear to fear whether the AI-driven tech sector will weather the trade conflict.<\/p>\n<\/blockquote>\n *********************************<\/p>\n If one of the paying programs on our Monitor appeals to you, please support EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n EN web Support Chat<\/strong> | Hyips and Crypto questions \u2013 HyipChatEN<\/a><\/strong><\/p>\n Telegram Chat for Crypto and Hyip reports: @HyipChatEN<\/a><\/strong><\/p>\n *********************************<\/p>\n Be the first to get most important HYIP news everyday! If you like this article and want to support EN \u2013 please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\nBitcoin\u2019s much-needed boost\u00a0<\/h2>\n
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Bitcoin record high catches traders off guard\u00a0<\/h2>\n
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US debt rises to $36.6T: Will recession signals send Bitcoin back to $95K?<\/h1>\n
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Bitcoin\u2019s fate depends on the US Federal Reserve\u2019s actions<\/h2>\n
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