Tag: BTC

CAKE price surges as PancakeSwap adds BTC & ETH predictions
- PancakeSwap price jumped 6% to above $2.66 before slightly paring gains.
- CAKE price has surged following the launch of BTC and ETH predictions.
- A technical breakout and broader market sentiment suggest CAKE is on course for fresh gains.
Decentralised exchange protocol PancakeSwap has seen its token CAKE surge amid increased volume as the DEX benefits from integration of Bitcoin and Ethereum into its Predictions Markets platform.

CAKE price reached highs of $2.75 as trading volume rose 185% to over $129 million.

PancakeSwap price rises as BTC & ETH predictions go live

PancakeSwap’s token CAKE rose after the DEX platform officially launched its highly anticipated BTC and ETH Predictions feature on BNB Chain.

According to details in a blog post, this move allows users to engage in price prediction markets for the two largest cryptocurrencies by market capitalisation.

This is available directly from within the PancakeSwap platform’s ecosystem.

The feature enables participants to forecast whether the prices of these assets will rise or fall over specified time frames.

Participation typically ranges from minutes to hours, thus adding a layer of speculative excitement to the DeFi space.

PancakeSwap’s predictions mechanism operates on a binary outcome model, where users stake CAKE tokens on their predictions.

Successful forecasters earn rewards from the collective pool, while incorrect bets result in losses to the same pot, ensuring a balanced and engaging marketplace.

This integration builds on PancakeSwap’s existing prediction tools, which previously focused on BNB Chain-native assets, but now extend to major cross-chain heavyweights like Bitcoin and Ethereum.

As BTC and ETH “go live” on Predictions, PancakeSwap has reported a sharp uptick in platform activity.

Trading volumes for prediction markets have seen a notable spike, while total value locked has increased to over $2.42 billion.

CAKE is benefiting from the enhanced liquidity and interoperability, as well as broader market gains.

CAKE price signals major rally

In the three days following the BTC and ETH predictions launch, CAKE price saw a decent surge to $2.66.

However, bulls failed to hold onto gains, and prices dropped to $2.43 before widespread gains across cryptocurrencies helped the PancakeSwap price rally.

PancakeSwap price chart by TradingView

The token’s utility in predictions, where CAKE is the primary staking asset, has contributed to the past 24 hours of price uptick.

A look at the technical indicators, including the Relative Strength Index (RSI), give buyers an upper hand.

The MACD is also hinting at a bullish and broader market sentiment is positive.

In this case, bulls will target December 2024 highs of $4.20.

However, if bears stand strong, they could aim for the key support area around $1.60.

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September 17, 2025
Michael Saylor’s Strategy buys the Bitcoin dip, adds 4,048 BTC
- The acquisition cost $449.3 million, with the company paying an average of $110,981 per coin.
- Following the latest acquisition, Strategy’s total Bitcoin holdings rose to 636,505 BTC.
- The company’s latest purchase follows a series of smaller acquisitions in August.
Strategy, the world’s largest public company holding Bitcoin, led by Michael Saylor, disclosed in a US Securities and Exchange Commission filing on Tuesday that it purchased 4,048 Bitcoin between August 25 and September 1.

The acquisition cost $449.3 million, with the company paying an average of $110,981 per coin.

According to CoinGecko data cited in the filing, the purchases were made as Bitcoin prices briefly climbed above $113,000 before dropping below $108,000 last Friday.

Strategy’s BTC bet

Following the latest acquisition, Strategy’s total Bitcoin holdings rose to 636,505 BTC.

The company has acquired its reserves for approximately $46.95 billion, at an average purchase price of $73,765 per coin.

The company said the latest acquisitions were financed through proceeds from at-the-market sales of its Class A common stock (MSTR) as well as its perpetual preferred stock programs, including Strike (STRK), Strife (STRF), and Stride (STRD).

Strategy reported that it sold 1,237,000 MSTR shares for $425.3 million, with $16.31 billion still available for issue under its at-the-market program.

In addition, the company sold 199,509 STRK shares for about $19 million, with $20.39 billion remaining, 237,931 STRF shares for $26.5 million, with $1.8 billion remaining, and 12,973 STRD shares for $1 million, leaving $4.17 billion available.

August buying activity slows

The company’s latest purchase follows a series of smaller acquisitions in August.

Strategy had announced the purchase of 3,081 BTC last week, along with earlier acquisitions of 430 BTC and 155 BTC in the same month.

Combined with the most recent purchase, the company acquired 7,714 BTC in August, significantly lower than the 31,466 BTC bought in July.

Saylor had signalled the likelihood of additional acquisitions ahead of the filing, posting an update to Strategy’s Bitcoin tracker over the weekend, saying Bitcoin was “still on sale.”

The company also confirmed that a group of investors dropped a class action lawsuit on Thursday.

The lawsuit, filed in May, alleged that Strategy had made false and misleading statements about its investment strategy.

The BTC treasury race

According to data from Bitcoin Treasuries, 163 public companies have adopted some form of Bitcoin acquisition model.

Other large holders include MARA with 50,639 BTC, Tether-backed Twenty One with 43,514 BTC, Adam Back and Cantor Fitzgerald-backed Bitcoin Standard Treasury Company with 30,021 BTC, Bullish with 24,000 BTC, Metaplanet with 20,000 BTC, Riot Platforms with 19,239 BTC, Trump Media & Technology Group with 15,000 BTC, CleanSpark with 12,703 BTC, and Coinbase with 11,776 BTC.

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September 2, 2025
ETH outperforms BTC by 26% as a structural shift grips the crypto market
- Traders now see a 26% chance of ETH hitting 5,000 dollars this month.
- A “major liquidity floor” for ETH is being built by institutions.
- ETH has gained 20% in 30 days, while Bitcoin has fallen 6%.
A tectonic shift is reshaping the cryptocurrency landscape. While Bitcoin, the long-reigning king, stumbles under the weight of fading momentum and massive liquidations, a powerful rebellion is brewing.

Ethereum is leading the charge, its price buoyed by a torrent of institutional capital and a fundamental re-allocation of liquidity that has traders now seriously betting on it conquering the coveted 5,000 dollar milestone this month.

The growing conviction is quantifiable. On the prediction market Polymarket, the odds of ETH hitting 5,000 dollars have surged to 26%, a dramatic climb from just 16% a few days ago.

This is not a rally built on fleeting hype, but on a deep and structural change in how capital is flowing through the digital asset ecosystem.

The institutional bedrock

At the heart of Ethereum’s ascent is a powerful vote of confidence from the market’s giants.

“Ethereum’s recent strength is mainly showcased by the level of flows into it, where a major liquidity floor has been built by institutions,” said March Zheng, General Partner at Bizantine Capital, in a note to CoinDesk.

He added that the ETH/BTC price ratio was at a localized low, making a rebound overdue, and that this cycle is supported by stronger fundamentals like global stablecoin adoption and clearer regulation.

This sentiment is echoed by industry leaders who see a market increasingly focused on real-world value.

“Markets react to headlines, but longer-term value is driven by fundamentals,” Gracie Lin, CEO of OKX Singapore, told CoinDesk.

“This is why Ethereum continues to show strength through real utility — even as prices pull back, big institutional moves like BitMine’s ETH accumulation prove there’s deep conviction in its role at the core of crypto.”

A market in motion: the re-allocation of liquidity

This isn’t just an Ethereum story; it’s a story about a market in motion. The market maker Enflux, in a note to CoinDesk, described a broad “structural reallocation of liquidity across the crypto landscape.”

Capital is actively rotating away from a stagnant Bitcoin and chasing new, emerging narratives. XRP has joined ETH in leading the majors, while assets like CRO are gaining traction following initiatives like Trump Media’s “Cronos Treasury.”

Furthermore, the surge in trading volume on decentralized platforms like Hyperliquid, which surpassed Robinhood in July, highlights how speculative energy is now tilting toward crypto-native infrastructure.

These are not just isolated trends; they are undercurrents of a fundamental shift in where the market sees future growth.

The unsettled throne

This altcoin uprising stands in stark contrast to the grim picture in the Bitcoin market.

While trading at 111,733.63 dollars, its on-chain activity remains weak, and a staggering 940 million dollars in recent liquidations signal a dangerous fade in momentum.

Over the past 30 days, while ETH has soared 20%, Bitcoin has fallen 6%.

The divergence is clear, but the conviction is about to face a critical test. As Gracie Lin of OKX noted, “With new macro data like the US PCE coming in later this week, we’re about to see how that conviction holds up amidst volatility.”

The rebellion is underway, but the final battle for market dominance is yet to be fought.

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August 27, 2025
Bitcoin sees strong accumulation despite BTC price pullback
- Bitcoin price is near $115,300 after bouncing off lows of $114k.
- Despite sharp declines this past week, BTC is seeing robust accumulation.
- Onchain data suggests aggressive whale buying.
Bitcoin (BTC) price hovers around $115,300 in early trading on August 19, 2025, but despite the pullback that includes a dip to lows of $114k, the benchmark digital asset is witnessing robust accumulation.

While on-chain data suggests whales are aggressively buying, technical analyses signal bullish support above the psychological $110k.

Notably, BTC price reached its all-time peak above $124k on Aug. 14.

Whales scoop Bitcoin on the cheap

As noted, on-chain data shows bulls have used the sharp price decline in the past few days to buy Bitcoin.

The overall trend, as analysts from CryptoQuant show, is that accumulation is on the up.

Crypto analyst Axel Adler Jr notes in a post on X that there’s been a significant shift in Bitcoin’s exchange netflow.

Per the CryptoQuant on-chain and macro analyst, the 30-day moving average of net outflow has jumped from -1.7K to -3.4k Bitcoin per day, which suggests that coins are exiting centralised exchanges at an accelerated rate compared to sales.

This accumulation, against a backdrop of Bitcoin’s price drop to lows of $114k, speaks to bulls’ strong long-term conviction.

In any case, a divergence between net outflows and price decline has historically pointed to a bullish reversal.

“Against the backdrop of price decline, we see strengthening net outflow: the Exchange Netflow-30D moving average became more negative from -1.7K to -3.4K BTC/day. This means coins on CEX exchanges are being bought faster than they are being sold. Such a shift in a falling market is a bullish divergence, where participants are using the drawdown to buy back coins,” Adler Jr. said.

Santiment’s onchain analytics also point to this trend. Notably, top whales and sharks have continued to accumulate even amid the mild dip.

🐳🦈 Bitcoin’s key whales & sharks are continuing to accumulate after the mild dip from last week’s all-time high. With prices -6.22% since August 13th, wallets with 10-10K $BTC have accumulated 20,061 more coins.

When we zoom out, this same group of key stakeholders has added… pic.twitter.com/v6YNvyRk50

— Santiment (@santimentfeed) August 18, 2025

With BTC prices dropping more than 6% since its peak, wallets within the 10-10K range have scooped more than 20,061 BTC.

“When we zoom out, this same group of key stakeholders has added 225,320 Bitcoin going back to March 22nd. There has been notable correlation between this group’s holdings and the direction of future price movement for the majority of the past five years,” Santiment noted.

What’s the Bitcoin price outlook?

Bitcoin’s price technical picture shows BTC lies within the broad range of support at $112k and resistance at $120k.

Although panic selling in recent weeks has some holders in a downbeat mood, CryptoQuant says they may be dumping at a loss.

“This loss-selling event becomes a critical barometer of market health. If absorbed quickly, it could mirror past resets that fueled strong rebounds. If not, it risks signalling a momentum breakdown,” noted crypto analyst Kerem.

With on-chain data indicating strong accumulation and technical indicators supporting a bullish outlook, BTC remains largely bullish.

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August 19, 2025
BTC slips 1.1% to $116K as traders brace for August weakness
- Crypto markets show a split between institutional bulls and retail bears.
- Prediction markets signal a bearish end to August for Bitcoin.
- Derivatives data shows caution, with funding rates turning negative.
A profound and unsettling divide is splitting the cryptocurrency market in two as the trading day begins in East Asia.

While the world’s largest institutions are quietly building their positions for a long-term rally, a wave of short-term fear is gripping the retail and derivatives markets, creating a tense tug-of-war that is pulling prices lower.

As the morning session unfolds, Bitcoin is trading at $116,263, down 1.1% and 2% lower on the week, while ETH sits at $4,322, seeing a sharper 3.8% drop in the last 24 hours.

The broader market is feeling the pressure, with the CoinDesk 20 (CD20) index down 2.4%. This nervous price action is a direct reflection of a market caught between two powerful, opposing narratives.

A tale of two markets

On one side, the conviction of institutional players remains unshakable. The Singapore-based market maker Enflux described the dynamic perfectly in a note to CoinDesk.

“The market remains caught between strong underlying institutional conviction, highlighted by Strategy Inc.’s additional 430 BTC purchase and structural financing shift, and a lack of immediate retail follow-through,” the firm wrote.

Enflux points to asset manager VanEck’s reiterated $180,000 year-end bitcoin target as clear evidence that the market’s giants are positioning for a significant move higher.

On the other side, however, the retail-driven narratives that often fuel explosive rallies have fizzled, with potential ETFs for assets like XRP and DOGE stalled by SEC delays.

One notable exception to this trend is Solana, which Enflux noted continues to show “quiet strength,” driven by its dominance in USDC transfers and its growing share of new token issuance via platforms like PumpFun.

Whispers of warning from the derivatives market

This lack of broad participation is creating a vacuum that is being filled with caution. Prediction markets are now flashing bearish signals for the remainder of August.

On Polymarket, the odds now favor a month-end close for BTC below $111,000, with a 34% probability.

The derivatives market is telling a similar story of defensive posturing.

The analytics firm QCP reported in a recent market update that perpetual funding rates—a key indicator of trader sentiment—turned negative over the weekend, a setup that has preceded pullbacks in the past.

Furthermore, options skews now clearly favor puts (bets on a price decline) across all timeframes.

The calm before the storm: all eyes on jackson hole

The result is a market that feels structurally sound at its core but is tactically fragile and defensive on the surface.

This nervous energy is building ahead of the week’s main event: the Jackson Hole symposium, where Fed Chair Jerome Powell is expected to deliver a pivotal speech.

Traders are anxiously awaiting guidance on how the central bank will navigate higher-than-expected inflation, especially under the glare of a White House that continues to challenge its neutrality.

While the long-term foundation for a broader rally—fueled by four-year highs in crypto search interest and the promising GENIUS Act making its way through Washington—is still being laid, the immediate future appears uncertain.

For now, the conviction is concentrated among the giants, while the rest of the market holds its breath, waiting for a spark.

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August 19, 2025
Bitcoin price forecast: BTC price steadies as long-term holder selloff cools
- Long-term holder (LTH) selloffs cool, easing Bitcoin price selling pressure.
- BTC price holds above $116,817 despite rejection near $122K.
- CPI data may decide the next major BTC price move.
Bitcoin price forecast shows BTC price steadying as long-term holder selloffs cool.

Meanwhile, traders are watching on-chain flows and macro prints for signs of the next directional move.

Long-term holders’ selloff cools

Long-term holders have materially reduced daily sales, and consequently, the market has seen a clear shift toward holding.

According to on-chain data, daily LTH sales slipped below $1 billion in August, after averaging above that threshold in July, and this shift has removed a notable chunk of selling pressure.

Moreover, the reduced flow of coins to exchanges, according to Coinglass, has coincided with renewed accumulation, which in turn supports a calmer BTC price near current range levels.

On-chain evidence points to accumulation

Binary Coin Days Destroyed has dropped toward zero, signalling that older coins are not moving and therefore are being held longer.

Additionally, the Fund Flow Ratio sits at unusually low levels, around 0.057, and this suggests fewer assets are being sent to exchanges.

Consequently, spot market net inflows — including a recent $51 million buy day after a $242 million sell-off on August 10 — reinforce that demand is returning more steadily than before.

Triangle breakout holds, but risks remain

Technically, Bitcoin broke upward from a triangle and remains above the $116,817 breakout threshold, which means momentum is still intact.

However, recent attempts to clear $122,000 ended with a rejection and a “gravestone” doji candlestick, and hence, traders note that the path to a new ATH may not be smooth.

Meanwhile, a CME futures gap near $117K and four-hour 200MA/EMA confluence add short-term technical magnetism that could invite retests before any sustained push higher.

CPI and Fed policy could tilt the scales

Macro catalysts are front and centre because upcoming US CPI figures influence rate-cut expectations and dollar strength.

If core inflation prints higher than expected — for example, near 3.1% — then Fed-cut odds for September would likely decline, and as a result BTC price may face pressure.

Conversely, a softer CPI near 2.9% would boost rate-cut prospects, weaken the dollar, and likely favour renewed upside for crypto and BTC price momentum.

Two plausible paths for Bitcoin traders

On the bullish path, continued LTH holding, steady capital inflows, and a break above recent highs could carry BTC to new discovery above $123,000 and into a $120K–$125K zone.

On the bearish path, a confirmed distribution phase — as some Wyckoff-analysing traders warn — could open a markdown toward the $92K–$95K area, and therefore, traders must respect risk controls.

$BTC | Wyckoff Logic in Play 📊

After a strong Accumulation Phase in March–April confirmed by bullish RSI divergence, BTC entered a powerful Mark-Up phase, reaching new highs.

Currently, price action is showing signs of a Distribution Phase — sideways movement with weakening… pic.twitter.com/PTDoosNnDb

— ZAYK Charts (@ZAYKCharts) August 12, 2025

Thus, momentum and macro prints will decide whether the market grinds higher or re-enters a corrective phase.

Bitcoin price forecast: What traders should watch

Watch whether BTC holds $116,817 and whether exchange inflows remain subdued, because these are immediate signs of supply drying up.

Also, monitor short-term technical confluence at the CME gap near $117K and the reaction to CPI data, since both can trigger quick directional moves.

While sentiment includes bullish voices like the co-founder of PayPal, Peter Thiel, who sees structural undervaluation, traders should remain nimble and factor in both upside targets and downside scenarios.

The current Bitcoin forecast balances improved on-chain accumulation against near-term macro risk, and this equilibrium shapes the prevailing BTC price outlook.

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August 12, 2025
BTC hovers at $115K; ETF flows turn negative, short-term holder profitability drops
- Bitcoin (BTC) is trading in a low-liquidity “air gap” between $110K and $116K, according to Glassnode.
- The market is “re-finding its footing” after a post-all-time-high correction amidst low volume and weak conviction.
- Spot Bitcoin ETF flows recently turned negative, with a 1,500 BTC outflow marking the largest since April.
Bitcoin is treading water around the $115,000 mark on Thursday morning in Asia, up a modest 1% over the last 24 hours, as the inevitable correction following its recent all-time high continues to unfold amidst low trading volumes and a clear lack of market conviction.

Analysts are now closely watching a low-liquidity zone that could either serve as a new foundation for the next leg up or become a trapdoor for a deeper price drop.

According to on-chain analytics firm Glassnode, Bitcoin has entered what it describes as an “air gap”—a low-liquidity zone between $110,000 and $116,000.

This has occurred after the price broke down from a major supply cluster where short-term holders had previously found significant support. These “air gaps” are areas that typically see very little historical trading activity.

They can either provide an opportunity for new buyers to accumulate positions and build a strong base, or, if demand fails to materialize, they can lead to sharp and swift moves to the downside.

“The market is effectively re-finding its footing,” the Glassnode analysts wrote, framing the range between $110,000 (the prior all-time high) and and 116,000 (the cost basis for recent buyers ) as the new critical battleground.

They noted that while some opportunistic buying has emerged on there cent dip, with approximately 120,000 BTC acquired by new buyers, the price has yet to reclaim key resistance levels convincingly.

A particularly important threshold is the 116,9K level, which marks the entry point for many recent short-term holders.

Cooling sentiment: ETF outflows and reduced leverage

Several indicators point to a cooling of the bullish fervor that recently propelled Bitcoin to its record highs. Short-term holder profitability has dropped from a peak of 100% down to 70%.

While Glassnode frames this as a typical development for a bull market’s mid-phase, they caution that without a fresh wave of capital inflows, this could quickly erode market sentiment.

Indeed, spot Bitcoin ETF flows have recently turned negative, with a 1,500 BTC outflow recorded earlier this week—the largest single-day outflow since April.

At the same time, funding rates in the derivatives market have cooled significantly, a sign of reduced leverage and a more cautious stance among speculative traders.

Market maker Enflux offered a similar take on the current environment. “Crypto markets remain in a fragile holding pattern. Despite some relief in the altcoin space, majors like BTC and ETH are still struggling to inspire confidence,” the firm wrote in a recent client note.

“The broader trend? Heavy legs with more or less light volume.” Enflux concluded, “Until BTC and ETH reclaim strength with volume, the path of least resistance could remain sideways to down.”

The market’s next significant move now likely hinges on whether a new cohort of buyers is willing to step in and build a solid support base within this low-volume “air gap,” or whether another flush down towards the $110,000 level is needed to fully reset the trend.

For now, traders remain cautious, and the bulls are yet to prove they have regained control.

Broader market snapshot
- BTC: While the market navigates this “air gap,” some observers are pointing to a potential, longer-term Bitcoin supply shock.
- This is being driven by reportedly drying up reserves on Over-The-Counter (OTC) desks and steady corporate accumulation, a combination that could “uncork” a major price move after a potential dip below $110,000.
- ETH: Ethereum (ETH) is up 2% in the last 24 hours, trading just below the $3,600 mark. The CoinDesk 20 Index, which tracks a broad basket of crypto assets, gained 1.69% to 3,815.22.
- Gold: Gold’s recent rally stalled on Wednesday as traders took profits. The market is currently weighing rising odds of a Federal Reserve rate cut against ongoing U.S. trade tensions and a looming Fed leadership shakeup.
- This has left prices flat after a three-day gain that was driven by signs of economic weakness. Spot gold last traded at $3,372.11, down 0.24% on the day.
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August 7, 2025
Bitcoin price forecast: White House crypto report omitted BTC reserve update
- White House report omitted Bitcoin reserve update.
- BTC holds steady near $118k with bullish technical signals.
- ETF inflows and low selling pressure fuel price optimism.
Bitcoin (BTC) is entering August 2025 in a position of strength, despite growing anticipation over a missed opportunity in Washington.

On July 31, the White House released its long-awaited crypto policy report, but to the dismay of Bitcoin advocates, it made no substantive update on the Strategic Bitcoin Reserve initiative first announced in March.

Nevertheless, as the federal silence lingered, market indicators revealed that BTC could be gearing up for another bullish breakout.

This disconnect between regulatory direction and market performance is reshaping sentiment as traders weigh both political cues and on-chain metrics.

White House fails to clarify on BTC reserve

For months, Bitcoin supporters had looked forward to the July crypto policy report, especially after the Trump administration signalled a pro-Bitcoin stance earlier this year.

In March, an executive order established the Strategic Bitcoin Reserve, drawing comparisons to El Salvador’s bold accumulation strategy.

Hopes were high that the report would outline further steps to expand the reserve or detail future BTC acquisitions by the US government.

However, the 166-page report only briefly mentioned the reserve initiative. Tucked away in its final section, the mention served more as a recap than an expansion plan.

While the document introduced detailed proposals on regulation, banking access, and tax reform, it failed to address whether the US would actively purchase Bitcoin as a strategic asset.

The omission disappointed many in the crypto community. Several analysts called it a missed opportunity, especially given Bitcoin’s growing stature on the global asset leaderboard.

Still, others viewed the report’s tone as a step forward, with Bitcoin now being discussed independently from other digital assets — a clear sign of evolving recognition.

Bitcoin (BTC) is resilient despite political ambiguity

Even without direct government support through reserve accumulation, Bitcoin’s performance remains robust.

The cryptocurrency surged to a new all-time high of approximately $123,000 on July 14.

After a modest correction, it has been consolidating in a tight range between $117,000 and $118,000, currently trading at $118,383.

This steady behaviour comes even as the broader crypto market has experienced more dramatic swings.

The contrast has sparked speculation that Bitcoin’s price is preparing for a sharp move. Given the current low selling pressure and increased institutional interest, any upward shift could gather momentum quickly.

The GENIUS Act, signed recently into law, also added to Bitcoin’s tailwinds by making stablecoins more accessible.

Although rate cuts did not materialise in the latest Federal Reserve decision, the steady macro environment appears to be offering BTC room to rally independently.

ETF inflows and technical signals remain bullish

Market structure continues to favour the bulls. Spot Bitcoin ETFs saw massive inflows in mid-July, with over $2 billion entering the market in just two days.

BlackRock’s IBIT alone now holds more than $80 billion in assets under management. These ETFs are now among the largest Bitcoin holders, owning around 1.4 million BTC — roughly 6.6% of the total supply.

On the technical side, the MVRV ratio currently sits near its 365-day average at 2.2, historically a level that precedes major rallies.

Bollinger Bands are tightening, and the RSI remains neutral at 42.65, suggesting there’s still room for price expansion.

Going by the technical analysis, if BTC breaks above $119,900, a return to its all-time high could be swift.

Trade volume also supports this outlook. In the past 24 hours alone, Bitcoin’s volume rose by 12%, reaching $70.3 billion.

This growing activity, paired with strong holding behaviour among long-term investors, signals that upward pressure could intensify in the coming days.

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July 31, 2025
Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume
- Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554.
- The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure.
- With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024.
The Bitcoin Cash (BCH) price currently stands at approximately $551.

While it’s off its intraday highs of $554, it remains above the $550 mark, up as one of the top gainers in the past 24 hours.

According to CoinMarketCap, this comes as Bitcoin’s latest correction has many altcoins also showing weakness.

Bitcoin Cash defies BTC dump with 7% gain

BTC dropped to below $115k after Galaxy Digital, a prominent crypto investment firm, offloaded 30,000 BTC in under 24 hours.

Liquidations spiked amid the Bitcoin dump, but Bitcoin Cash looked to buck the trend.

Its intraday gains of over 8% see it rank among the top performers in the 100 largest cryptocurrencies by market cap.

Bitcoin Cash price chart by CoinMarketCap

Notably, gains keep BCH in an uptrend over the longer time frames. The altcoin’s price is on an upward trajectory since touching lows of $268 in April 2025.

Also, the price gain amid a 44% increase in trading volume to over $870 million suggests potential buying pressure.

Crypto analyst CW points to increased whale interest, particularly in China.

There is a strong buying trend for $BCH on Binance and OKX, where Chinese whales are active. pic.twitter.com/49b4oiZHSd

— CW (@CW8900) July 25, 2025

Is BCH poised for a rally to $1,000?

BCH price last traded at $1,000 in May 2021, at the time when bears pushed it lower from above $1,427.

In the past year, an attempt by buyers to reclaim the level fizzled out at around $624 in December 2024.

While the cryptocurrency has struggled for upside momentum, analysts are increasingly optimistic about Bitcoin Cash’s potential to rally toward $1,000.

Other than the overall long-term bullish sentiment around crypto, the short-term picture highlights robust market metrics and technical outlook.

BCH price chart by TradingView

For instance, open interest in BCH derivatives has jumped 24% to $533 million, with volume 28% up to over $1.3 billion.

A surge in speculative activity signals bullish confidence in the token’s price.

The technical picture further bolsters this bullish outlook.

The Relative Strength Index (RSI) currently reads 63.

Meanwhile, the Moving Average Convergence Divergence (MACD), is also flashing a bullish crossover to hint at potential short-term upward pressure.

If bulls manage a breakout to the supply wall at $540-$565, they could retest the $620-$650 area.

Above this, resistance above $700 could allow bulls to target $1,000. Conversely, support lies around $480 and then $380.

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July 25, 2025
Bitcoin price prediction: $200K within reach once BTC clears overbought hurdle
- Bitcoin (BTC) must clear the $120,000 resistance to resume upward momentum.
- $200K in 2025 is unlikely without stronger volume support.
- Long-term outlook remains bullish despite short-term hurdles.
Despite recent pullback after hitting a new all-time high, Bitcoin price predictions remain bullish amid a mix of political support, institutional interest, and speculative whale activity.

However, Bitcoin (BTC) will have to overcome the short-term resistance levels and overbought conditions that have temporarily capped its upward momentum.

BTC faces a key resistance hurdle at $120,000

At press time, Bitcoin (BTC) was trading at around $118,584 after hitting a recent high of $122,838 on July 14.

And while it is still 77% up over the past year, momentum has slowed in recent sessions.

Notably, the pullback can be attributed to Bitcoin attempting to offload overbought signals on the Relative Strength Index (RSI), especially after repeated rejection at the $120,000 level.

Technical data reveals that the BTC/USDT pair is facing stiff resistance near this psychological threshold, where previous rallies have faltered.

Despite this, the price remains comfortably above its 50-day Exponential Moving Average (EMA), which continues to serve as a dynamic support.

As long as Bitcoin maintains this position, the broader bullish trend remains intact.

Futures market signals continued consolidation

The Bitcoin Futures, Jul-2025 (BTC=F) mirrors the spot market’s hesitation.

Notably, the Bitcoin Futures’ price action, as evident on Yahoo Finance, remains locked between key pivots ($123,875 on the high end and $115,340 below).

The central pivot point of $120,615 has become a battleground, with neither bulls nor bears showing dominance.

A breakout above $126,015, which aligns with the upper channel trendline, could spark renewed buying interest and potentially send prices toward the $129,000–$132,000 range.

On the flip side, failure to reclaim $120,615 could expose the contract to a retracement toward $115,340, with downside risk extending to $112,000 if support breaks.

Volume profile data supports this indecisiveness. Most of the recent trading activity has clustered between $118,000 and $122,000, highlighting this zone as a significant liquidity area.

For any breakout to sustain, a corresponding uptick in volume must accompany it — something that has yet to materialise.

Whales stir, but caution remains

Fueling speculation further, a long-dormant Bitcoin whale recently moved 10,606 BTC, worth approximately $1.3 billion.

HUGE $BTC MOVEMENT — Dormant Whale Wakes Up and Transfers 10,606 BTC ($1.26B)

Be alert — major Bitcoin movement detected.

In the past 5 hours, three wallets, likely controlled by the same long-term whale, have collectively transferred 10,606 BTC — worth around $1.26 billion —… pic.twitter.com/UltvrUPlPn

— EyeOnChain (@EyeOnChain) July 23, 2025

This reactivation, after years of inactivity, has raised questions about the whale’s intentions—be it profit-taking, institutional over-the-counter (OTC) deal prep, or strategic reallocation.

Such large-scale movements often impact market sentiment, particularly when they occur near price peaks.

If these funds are moved to exchanges, the threat of a large selloff increases.

Conversely, if transferred to cold storage, it may indicate confidence in Bitcoin’s long-term trajectory. For now, the market remains watchful, not reactive.

Macro and political tailwinds support BTC’s growth

External forces are also adding fuel to Bitcoin’s long-term prospects.

Trump Media and Technology Group recently acquired nearly $2 billion worth of Bitcoin using proceeds from stock sales and bonds.

This move coincides with increased US legislative support for crypto, including the passage of the GENIUS stablecoin bill and proposals for a Strategic Bitcoin Reserve.

Moreover, Bitcoin-backed borrowing is gaining traction. Xapo’s BTC-collateralised lending product recorded a 24% increase in Q2 usage, particularly in Europe and Latin America.

This trend suggests that holders are increasingly seeking liquidity solutions without having to sell their BTC, a dynamic that could reduce short-term selling pressure.

The $200k Bitcoin price prediction

Despite short-term hurdles, several analysts believe Bitcoin remains on a long-term path toward $200,000—just not in 2025.

Glassnode lead analyst James Check, in a recent interview with Pahueg at Less Noise More Signal, stated that while hitting $200,000 by year-end is “very improbable” due to insufficient buying volume, he fully expects BTC to exceed that mark within five years.

His outlook reflects broader sentiment: without follow-through volume, even strong rallies risk unravelling.

Others, including Bitwise’s Matt Hougan and Bernstein Research, maintain bullish 2025 targets based on anticipated institutional demand and the growing influence of Bitcoin ETFs.

However, analysts emphasise that BTC must first stabilise above $130K, $140K, and eventually $150K to credibly approach the $200K zone.

These milestones represent both technical and psychological resistance levels.

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July 23, 2025