Bitcoin is trading above $118,000, with potential to reach $130,000, supported by institutional investment, a U.S.-EU trade deal, and a rising M2 money supply. The market capitalization is around $2.35 trillion, with a 24-hour trading volume of $38.23 billion, and analysts are watching key resistance and support levels.

Markus Thielen suggests monitoring Bitcoin's potential pullback to $112,000 as an entry point, with a sustained move above $120,000 also justifying re-engaging with the trend. Bitcoin is currently trading near $120,000 resistance, with analysts anticipating a decline to the support zone of $116,900-$115,730.

Bitwise CIO Matt Hougan predicts Bitcoin could rally through 2026, citing a lower interest rate environment, improving regulations, and institutional adoption as factors. Bitcoin currently trades at $118,169, up 10.17% over the past month.

Bitcoin (BTC) temporarily fell to $11.7 million, mirroring the earlier drop to $117,000 on July 29, 2025. The decline was attributed to profit-taking sales due to high interest rates and expectations surrounding the Federal Open Market Committee (FOMC) meeting.

Bitcoin is currently in a pause, sparking debate among analysts and investors about whether this is a prelude to a significant rise or a prolonged period of sideways movement. The article explores the cyclical patterns of Bitcoin, suggesting that the current pause could be a necessary accumulation phase.

On July 28, 2025, Metaplanet purchased 780 Bitcoin for approximately $92.93 million, increasing its total holdings to over 17,000 BTC, valued at over $2 billion. The company's Bitcoin strategy drove Q2 revenue growth and stock gains, with shares rising 517% in the last year.

The SEC delayed decisions on the Truth Social Bitcoin ETF, extending the review deadline to September 18, 2025. The ETF, a collaboration with Yorkville America Digital, tracks Bitcoin and other cryptocurrencies, with 70% in Bitcoin.

On July 28, 2025, a dormant whale moved $9 billion in BTC, involving 80,000 BTC dormant for 14 years. This caused the one-year active supply for BTC and ETH to hit 37%.

Bitcoin analyst Willy Woo announced on July 28, 2025, that he has sold all his Bitcoin holdings. Woo is now focusing on supporting Bitcoin infrastructure.

On July 28, 2025, Méliuz announced the appointment of Mason Foard as Bitcoin Strategy Director. Foard will lead the company's efforts to attract new investors in the United States and create financial instruments.

Wall Street is gaining control over Bitcoin trading, shifting from offshore venues to the US financial system. BlackRock's IBIT, with $86 billion in assets, is central to this change.

Neil Patel analyzes whether a $10,000 Bitcoin investment in 2025 will turn into $1 million by 2035. Bitcoin's price has risen 41,000% in the past decade, turning a $10,000 investment into $4.1 million.

Bloomberg Intelligence analyst Mike McGlone warned that Bitcoin and cryptos may be approaching a 'sell when they're yelling' extreme. He noted gold has been outperforming Bitcoin since last year.

Rakesh Upadhyay reports on crypto price predictions for Bitcoin, Ethereum, XRP, and Solana. Bitcoin may break out of its range, while altcoins face selling pressure but stay above support levels.