Bitcoin rose above the $122,000 mark on Monday. In accordance with information from CoinGecko, prices briefly topped that stage earlier than pulling again barely.
The leap comes within the face of sturdy inflows into spot bitcoin ETFs and rising institutional curiosity. Merchants watched as the most important cryptocurrency by market cap set one more document.
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Bitcoin ETFs Explode
Based mostly on stories, Bitcoin ETFs noticed $1.20 billion circulate in on Thursday alone. That was the largest single‑day haul of 2025.
Final week, QCP Capital mentioned institutional flows into spot BTC ETFs topped $2 billion. These numbers recommend massive gamers are betting on extra upside.
Open curiosity on futures now exceeds $43 billion. Funding charges on perpetual contracts are climbing too, displaying crowded lengthy positions.
US President Donald Trump has voiced his help for clearer crypto rules. And on Monday, the US Home of Representatives started debating a bundle of crypto payments geared toward giving corporations extra certainty.
Firms have been including bitcoin to their treasuries, with some company holdings rising by double‑digit percentages this yr. In accordance with BTSE COO Jeff Mei, longer‑time period institutional patrons are driving costs increased.
He forecasted that bitcoin may hit $125Okay “within the subsequent month or two.” Mei additionally warned that commerce disputes with the EU, Mexico and different companions would possibly trigger dips, however mentioned patrons are holding agency.
Rising Demand From Huge Gamers
Buying and selling desks and crypto exchanges say they’ve seen recent corporate orders. Some corporations are shopping for blocks of 100 BTC or extra at a time.
Others are utilizing greenback‑price averaging to ease in progressively. Even smaller funds are boosting allocations, pushing combination demand increased.
With each new all‑time excessive, extra headlines seem and extra buyers concentrate. That creates a suggestions loop: rising costs entice inflows, which carry costs additional.
It your entire value historical past of Bitcoin was a fruit, what fruit would you say it was? pic.twitter.com/FPEU1bUvnf
— Peter Brandt (@PeterLBrandt) July 13, 2025
Technical Warning Indicators Emerge
In the meantime, veteran dealer Peter Brandt caught consideration over the weekend along with his “banana” chart. He sketched bitcoin’s complete value historical past as a curved arc.
The highest of that arc sits close to present ranges, hinting at a ceiling the place previous rallies resulted in sharp drops. Parabolic strikes have a behavior of reversing shortly.
In simply seven days, Bitcoin climbed from about $108Okay to over $122Okay—roughly a 14% rise. Excessive funding charges and document open curiosity sign froth, and that usually precedes pullbacks.
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Watch For Pullbacks And Breakouts
Merchants now face two eventualities. If institutional patrons maintain including, new highs might comply with and $125Okay may fall inside attain. But when ETF purchases sluggish or leveraged longs get squeezed, a 10–20% correction wouldn’t be shocking.
Featured picture from Vecteezy, chart from TradingView
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