It appears, according to the latest esteemed computations from CryptoQuant (who always know everything), that Bitcoin BTC $118,441 is gracefully striding into the ‘late’ phase of its current bull market romp. Ah, the drama of market cycles… what a charming spectacle! đ
Recent whispers from the wise sage, Axel Adler Jr., tell us that the dance between fresh and seasoned investors suggests thereâs still some glitter left in this rallyâmore room to twirl and dip before the curtains fall.
History, that old gossip, reveals that the grand finales traditionally happen when new investors dominate more than 65% of the scene. Currently, itâs merely 30%. So, do hold your breath, or better yet, your walletsâthereâs still some show to watch! đ
Demand versus supplyâmust be the latest courtroom drama in crypto-land | Source: CryptoQuant
As for the romantic tension in our financial playânew capital keeps flowing in like enthusiastic fans at a concert, yet the antique holders are quite the patient lot: some of them are holding tight, not yet eager to sell, thus keeping the drama balanced and lively.
Further support from SoSoValue reports that in the last couple of months, Bitcoinâs ETFs have mostly been bought, with only seven days of outflowsâbecause who doesnât want a steady stream of investor love? đ
Bitcoin Sedately Gliding While the Big Fish Pick Their Spots
Technical wizard Ali Martinez (the man with charts worth a thousand words) suggests as long as BTC stays above $105,450, we could be eyeing $125,230 or even reaching for a lofty $141,770âthe marketâs version of a scenic valiant hike.
If Bitcoin holds above $105,450, wonders might happenâlike a rise to $125,230, possibly touching $141,770. Fingers crossed and charts aligned! đ
â Ali (@ali_charts) July 31, 2025
Meanwhile, the Federal Reserve’s indecisiveness is the latest plot twistâChair Powellâs cryptic silence has quieted some nerves, though traders remain on the edge like spectators at a tennis tournament after a surprise serve.
Despite slow progress and the usual investor fluttering to other shiny new cryptos, whales (the big, fat, crypto whalesâno, not the whales doing the backstroke) keep building their empire. Santiment reports a whopping 218,570 BTC purchased since late Marchâlike a giant game of crypto Monopoly. đ
Charles Edwards, a man of significant insight, notes that treasury gobbling on July 29â30 alone was nearly 30,000 BTCâimagine the ease with which whales buy up the whole ocean!
While everyone fussed over Fed antics, Bitcoin’s treasury titans just had one of their biggest buying sprees. Coincidence? I think not! đ”ïžââïž
â Charles Edwards (@caprioleio) July 31, 2025
Bursting with confidence, institutional investors accounted for 97% of all transactionsâan astronomical figure last seen before Bitcoin multiplied itself like rabbits on Easter in August 2020. If history is any guide, the skyâs the limitâsay, over half a million dollars, give or take! đâš
If institutional buying keeps up, we might be looking at a $500,000 Bitcoin someday. Just saying, donât shoot the messengerâor the moon rocket. đ
â Charles Edwards (@caprioleio) July 31, 2025
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2025-07-31 17:27