CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data

  • CONTACT
  • MARKETCAP
  • BLOG
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data
  • BOOKMARKS
  • Blockchain
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Coinbase
    • Mining
    • NFT
    • Stocks
Reading: Bitcoin hits new ATH of $118K – Can 2025 take BTC’s price to $150K?
Share
You have not selected any currencies to display
CoinRSS: Bitcoin, Ethereum, Crypto News and Price DataCoinRSS: Bitcoin, Ethereum, Crypto News and Price Data
0
Font ResizerAa
  • Blockchain
  • Crypto
  • Market
  • News
Search
  • Blockchain
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Coinbase
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > Bitcoin hits new ATH of $118K – Can 2025 take BTC’s price to $150K?
News

Bitcoin hits new ATH of $118K – Can 2025 take BTC’s price to $150K?

CoinRSS
Last updated: July 11, 2025 11:35 am
CoinRSS Published July 11, 2025
Share

Contents
Key TakeawaysRecord Bitcoin liquidationETF inflows, low selling pressure

Key Takeaways

  • BTC has printed consecutive new highs in the past 48 hours, with the latest being $118.4K. A crypto VC has projected that this could be the beginning of a springboard to $150K-$180K range. 

Bitcoin [BTC] has added $11K this week, a 10% run that pushed it to a record high of $118K on the Binance exchange on the 11th of July. 

BitcoinBitcoin

Source: BTC/USDT, TradingView 

Market data showed that the upswing was fueled by a massive short squeeze and boosted by record inflows from U.S. spot BTC ETFs (exchange-traded funds). And analysts still expected more growth. 

Record Bitcoin liquidation

The mid-week rally began with a short squeeze following a massive wipeout of leveraged short positions that piled above $111k and stretched to $115k in the past few days. 

These speculators were betting on muted price action and potential BTC retracement. But they were wrong and got burned. 

Such liquidity pools on the derivatives always trigger a liquidity hunt and act as a price magnet. 

CoinGlass data showed that over $1.2 billion positions were liquidated across the markets in the past 24 hours.

And BTC accounted for $655 million, with bears suffering a $635 million loss. 

In fact, on an aggregated basis, BTC trader Byzantine General noted that this was a record liquidation in recent years.

In other words, this was a strong bullish cue for BTC on the derivatives market. 

Bitcoin Bitcoin

Source: X

ETF inflows, low selling pressure

Although the spot market had shown slight demand contraction recently, a renewed institutional appetite boosted BTC further.

On the 10th of July, ETFs saw $1.18 billion in daily inflows, the second largest since their debut. 

Bitcoin Bitcoin

Source: SoSo Value 

Paired together, the lift-off from the short squeeze and additional fuel from ETFs extend the upswing to $118K. 

CryptoQuant also highlighted another catalyst for the bull run – A muted sell pressure in the spot markets. 

Unlike the Q2 bounce from $75K to $100K, which attracted increased selling pressure, this mid-week rally didn’t see any notable spike from sellers. 

BitcoinBitcoin

Source: CryptoQuant 

The exchange inflow metric tracks the overall incoming BTC supply from custodial wallets with the intention to offload at centralized exchanges. 

In fact, compared to the Q4 2024 BTC price surge that attracted 81K BTC in sell-off, the current pump saw pressure dip further to 18K BTC. 

As expected, the breakout has seen new BTC price calls in the mid-term. Charles Edwards, founder of crypto VC Capriole Investments, projected that BTC could extend the rally to $150k-$180k in H2 2025. 

“I lean towards a major new price expansion trend commencing here, with a 50-70% gain over the next 6-months being a reasonable base case for me based on the data I look at. That would take us to $150-180K.”

He added that his projection would be weakened if BTC dips below $110K and invalidated if it drops below $105K. 

Previous: Stellar [XLM] – Here’s what traders should look for after $0.30
Next: Hyperliquid to onboard 10M Phantom users – Will HYPE hit $120 now?

Source link

You Might Also Like

Bitcoin and Ethereum Drop to 2025 Lows as Investors Cash Out of ETFs

Coinbase hacker returns with $12.5 mln ETH buy: Will security concerns affect Ethereum?

Dogecoin – How growing whale interest can spur 10% upside for memecoin

Dogecoin, Solana Stumble as Altcoins Hit by Market Correction

UK Bitcoin Reserve Company Buys More BTC, Stock Continues to Rise

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Copy Link Print
Previous Article Bitcoin Breaks Into New Price Territory: What Happens Next?
Next Article Hyperliquid to onboard 10M Phantom users – Will HYPE hit $120 now?
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Socials
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
Ex-Bitfury Executive Receives Senate Nod to Head Banking Regulator
BTC Price will Hit $100K before Bitcoin Sweeps $30K Lows
Crypto Bahamas: Regulations Enter Critical Stage as Gov’t Shows Interest

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data coin-rss-logo

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad imageAd image
© CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?