The Bitcoin price continued to consolidate today, July 16, as the recent bull run took a breather, and traders await the vote on the GENIUS Act in the

Bitcoin price soared to a new all-time high of $123,218 at the start of this week on Monday. This surge in BTC price flipped its market capitalization to $2.38 trillion, reaching the fifth-largest asset in the world and surpassing both silver and Amazon in terms of market valuation.

TD Cowen has raised its price target for Strategy’s stock from $590 to $680 per share, citing the company’s deepening role as a Bitcoin proxy and forecasting

Crypto analysts forecast Bitcoin to go above $130,000 before there is any meaningful market correction as institutional buying continues.

A K33 Research report released on Tuesday highlighted that in the past bull runs of 2021 and 2017, BTC went from cycle bottom to cycle peak in 1,062 days in 2021 and 1,069 days in 2017. The analyst reported that if the pattern repeats, a cycle top could occur between October 15 and October 30.

Bitcoin price predictions for 2025 and beyond remain wide-ranging, with third-party analysts projecting values from $100,000 to as high as $2 million by 2034. As institutional interest grows and regulatory landscapes evolve,

The Bitcoin market continues to see a lot of upward pressure, as the market has broken out recently. At this point in time, Bitcoin continues to see a lot of people willing to push it higher. The $110,