Galaxy Digital Sells $9B in Bitcoin; Citi Predicts $199,000 Target by 2025
Key Takeaways
- Galaxy Digital sold $9B in Bitcoin, causing a brief price drop before stabilization.
- Citi predicts Bitcoin could reach $199,000 by 2025, driven by ETF inflows.
- Bitcoin dipped to $115,000; open interest in Bitcoin futures reached an all-time high.
- Bitcoin down 1.18% weekly; MicroStrategy added 6,220 BTC for $740M.
- Brazilians shift profits from Bitcoin to stablecoins like USDT and USDC.
Top Stories
Galaxy Digital Sells $9B in Bitcoin, Market Reacts.
On July 25, 2025, Galaxy Digital sold over 80,000 BTC (approximately $9 billion) for a long-term client, causing market speculation. Bitcoin briefly dropped but stabilized near $117,000, indicating strong market absorption.
Citi: Bitcoin Could Reach $199,000 by 2025.
Citi predicts Bitcoin could reach $199,000 by 2025, driven by ETF inflows and institutional demand, with a base case of $135,000.
Bitcoin Dips to $115,000; Open Interest Hits All-Time High.
Bitcoin's price dipped to $115,000, with open interest in Bitcoin futures reaching an all-time high, attributed to growing institutionalization and strategic hedging.
Bitcoin Down 1.18% Weekly; MicroStrategy Adds 6,220 BTC.
For the week ending July 25, 2025, Bitcoin decreased by 1.18%, while Ethereum increased by 7.17%, and MicroStrategy acquired 6,220 BTC for $740M.
Brazilians Take Profits, Shift from Bitcoin to Stablecoins.
In July 2025, Brazilians are shifting profits from Bitcoin to stablecoins like USDT and USDC, driven by a conservative investment profile, after Bitcoin reached a peak of US$ 123,218.
Breaking News
Solo Bitcoin Miner Earns $372,773 Block Reward.
On July 26, 2025, a solo Bitcoin miner successfully mined a block, earning the 3.125 BTC block reward, valued at $372,773.
2013 Bitcoin 'Gold 2.0' Forecast Resurfaces.
On July 26, 2025, a 2013 forecast by Chamath Palihapitiya, calling Bitcoin "gold 2.0", resurfaced as Bitcoin reached a new all-time high.
Pando Bitcoin ETF Hits 52-Week Low.
Pando Bitcoin ETF USD (2818-HK) closed at 7.67 HKD on the Hong Kong Stock Exchange on July 25, 2025, with a new 52-week low of 7.65 HKD.
Expert Take
Analyst: ETFs Reduce Bitcoin Volatility, Predict $1 Million Price.
Bitcoin analyst Mitchell Askew claims ETFs have reduced volatility, predicting Bitcoin will reach $1 million through steady price movements, with ETF inflows surpassing $50 billion in July.
Damodaran: Most Companies Buying Bitcoin Are Making a Mistake.
On July 26, 2025, Aswath Damodaran cautioned that most companies buying Bitcoin are making a mistake due to its volatility and distraction from core business.
Bearish Elliott Wave Count for Bitcoin: Potential Drop to $68k.
A bearish Elliott Wave count suggests that the January 2025 high might be the true 5-wave top, potentially leading to a drop to around $68k.
Bitcoin Chart Patterns and Harmonic Patterns Analysis.
CC_Analyst shares an update and prediction for BTC on TradingView, including chart patterns and harmonic patterns for BINANCE:BTCUSDT.P.
Bitcoin to Rally +50% Following All-Time High Breakouts.
On July 25, 2025, basictradingtv predicted that Bitcoin will rally another +50% following previous all-time high breakouts, with a price target of $200,000.
Bitcoin Price Analysis: Potential Fall vs Buying Opportunity.
Bdvtfx and another author analyze Bitcoin's price, predicting a potential fall, with Bdvtfx indicating a buying opportunity and the other author advising selling to retain value.
Bitcoin Price Analysis: Final Top and Next Bottom Prediction.
On July 26, 2025, KnownasEliot published a Bitcoin price analysis, predicting the final top will be between 160,000 and 174,000, and the next bottom will be between 31,000 and 40,000.
Important Bitcoin Levels to Watch: 161K and 173K Key.
On July 26, 2025, KnownasEliot shared important Bitcoin levels to watch on TradingView, with 161,000 and 173,000 being the most important levels for the top.
Market Pulse
Global M2 Money Supply Rise Expected to Impact Bitcoin Price.
The global M2 money supply has reached an all-time high, which is expected to significantly impact Bitcoin's price, with Bitcoin's price trend following global M2 with a ~10-week lag.
Bitcoin in Compressed Volatility Range, Awaiting Catalyst.
Bitcoin is in a compressed volatility range beneath its local high, supported by layered zones, awaiting a fundamental catalyst.
Price Watch
Bitcoin Corrects Downwards from $123,000; Support at $116,000.
Bitcoin's price has corrected downwards from $123,000, with an expected decline towards the $113,000-$115,000 range, currently around $117,000 with support at $116,000.
Bitcoin Shows Bullish Move After Liquidity Sweep Near $115,000.
Bitcoin's price action shows a bullish move after a liquidity sweep near the $115,000 support zone, approaching the $119,000 supply zone.
Bitcoin Dip: Key Near-Term Supports Identified.
Bitcoin is currently undergoing a dip, with key near-term supports identified at $115,140, $113,9xx, and $111,661.
Bitcoin Consolidating; Potential Wave 5 Rally Expected to $124,600.
Bitcoin is consolidating in a sub wave 4, with a potential Wave 5 rally expected, targeting $124,600 based on Fibonacci extensions.
Bitcoin Bullish Trend: Potential Rise to $128,000.
Bitcoin is experiencing a bullish trend, with analysts predicting a potential rise to $128,000 if the key demand zone holds.
Bitcoin Bearish Trend: Target $113,500.
On July 25, 2025, analysis indicates a bearish trend for Bitcoin, targeting $113,500 with an entry range of $116,200-$116,600.
Bitcoin Shows Recovery Signs After Liquidity Grab.
Bitcoin (BTCUSD) shows recovery signs after a liquidity grab, forming a double bottom on an hourly time frame, with a bullish movement expected to at least 117100.
Bitcoin Volatile, Awaits News; Potential Drop to $110,000.
Bitcoin's price action is volatile, awaiting news or capital flows, with a potential drop toward the $113,000 to $110,000 USD zone.
Bitcoin Retraces After New High; Bearish Trend Shift.
Bitcoin reached a new all-time high before retracing, with a close below $115,714 on the 4-hour chart indicating a shift to a bearish trend.
Buy Opportunity Setup on BTC.
On July 25, 2025, ochemukadike shared a demand and supply strategy for BINANCE:BTCUSDT on TradingView, noting a buy opportunity setup on BTC.
Bitcoin Likely Starting Corrective Phase Toward $110.
On the 4-hour timeframe, Bitcoin is likely starting a corrective phase toward $110, facing resistance at a descending trendline and the 78.6% Fibonacci retracement level.
Bitcoin Bullish Dominance Above EMA 50.
Bitcoin (BTC) is trading around 117,800 USD, above EMA 50 (111,800) and the pivot level (105,300), confirming bullish dominance.
Bitcoin Price Analysis: Decline to Demand Floor Anticipated.
On July 25, 2025, Shavyfxhub shared a Bitcoin (BTC) price analysis, anticipating the price to decline to a demand floor, with the price closing at 117,177.9.