AI Bitcoin price prediction for July 31, 2025
The post AI Bitcoin price prediction for July 31, 2025 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has seen a remarkable year so far, climbing from $93,425 on January 1 to $108,938 on July 4, a gain of over 16.6% in the first half of 2025. In particular, the rally has been bolstered by a number of high-profile developments, including a surge in institutional holdings. BlackRock, for instance, increased its Bitcoin exposure by more than $23 billion in H1 2025 alone, underscoring Wall Street’s deepening embrace of digital assets. One of the most notable blockchain events this year occurred just this week: a dormant Satoshi-era wallet containing 10,000 BTC moved for the first time in over 14 years. Valued at roughly $1.09 billion, the movement of such an old and massive holding has reignited conversations about the maturing life cycle of Bitcoin holders and the long-term redistribution of early wealth. Alongside that, BTC’s rise has helped mint more than 26,000 new Bitcoin millionaires, according to the latest findings from Finbold’s H1 2025 Cryptocurrency Market Report. Bitcoin price analysis Looking at the market structure, Bitcoin appears to be consolidating just below $109,000 after briefly testing highs around $109,600. The price currently trades at $108,906, with the intraday range showing a tightening pattern. On the 1-day chart, there’s evidence of firm support in the $108,300 to $108,400 zone, where multiple dips were absorbed by buyers. Meanwhile, resistance remains at the $109,600 mark, which capped previous attempts to break higher. Bitcoin 1-day price chart. Source: TradingView/Finbold Momentum indicators paint a picture of neutral sentiment. The Relative Strength Index (RSI) has oscillated between 38 and 42 during the trading session, indicating that the market is neither oversold nor overbought, suggesting a period of healthy consolidation, with bulls and bears in balance ahead of the next catalyst. Beyond the charts, Bitcoin’s broader outlook is supported by a strong macro backdrop. The…
The post AI Bitcoin price prediction for July 31, 2025 appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) has seen a remarkable year so far, climbing from $93,425 on January 1 to $108,938 on July 4, a gain of over 16.6% in the first half of 2025. In particular, the rally has been bolstered by a number of high-profile developments, including a surge in institutional holdings. BlackRock, for instance, increased its Bitcoin exposure by more than $23 billion in H1 2025 alone, underscoring Wall Street’s deepening embrace of digital assets. One of the most notable blockchain events this year occurred just this week: a dormant Satoshi-era wallet containing 10,000 BTC moved for the first time in over 14 years. Valued at roughly $1.09 billion, the movement of such an old and massive holding has reignited conversations about the maturing life cycle of Bitcoin holders and the long-term redistribution of early wealth. Alongside that, BTC’s rise has helped mint more than 26,000 new Bitcoin millionaires, according to the latest findings from Finbold’s H1 2025 Cryptocurrency Market Report. Bitcoin price analysis Looking at the market structure, Bitcoin appears to be consolidating just below $109,000 after briefly testing highs around $109,600. The price currently trades at $108,906, with the intraday range showing a tightening pattern. On the 1-day chart, there’s evidence of firm support in the $108,300 to $108,400 zone, where multiple dips were absorbed by buyers. Meanwhile, resistance remains at the $109,600 mark, which capped previous attempts to break higher. Bitcoin 1-day price chart. Source: TradingView/Finbold Momentum indicators paint a picture of neutral sentiment. The Relative Strength Index (RSI) has oscillated between 38 and 42 during the trading session, indicating that the market is neither oversold nor overbought, suggesting a period of healthy consolidation, with bulls and bears in balance ahead of the next catalyst. Beyond the charts, Bitcoin’s broader outlook is supported by a strong macro backdrop. The…
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