Key takeaways:
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Bitcoin is basically throwing confetti and hurling itself toward $150,000. 🎉 What a party!
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Thanks to a sprinkle of regulatory fairy dust, and the Trump administration’s penchant for making economics feel like a game of Monopoly, we might just see Bitcoin fly to the moon! 🌙
So here’s the scoop: Bitcoin (BTC) is stretching its legs and trying to sprint back to the ever-elusive $120,000 mark. But traders are like, “Hey, what do we need to do for this to magically soar to $130,000 and maybe even $150,000?” Cue the dramatic music.
Last Sunday, the Bitcoin party nearly hit the dance floor at $120,000, thanks to a futures market-led short squeeze. That’s right, folks—more than $1 billion got liquidated!💸 There’s nothing quite like watching the crypto market resemble a late-night infomercial.
Ray Salmond, CryptoMoon’s big cheese in market analysis, explained it perfectly: while we can’t exactly see the unicorns of price support on centralized exchanges, there’s a mythical global bid lurking around thanks to Bitcoin ETFs, companies hoarding BTC like it’s Pokémon cards, and a cavalcade of firms getting frisky with Bitcoin infrastructure investments. 🦄
“A strong, global spot bid is ever present via the Bitcoin ETFs, publicly listed companies actively building BTC treasuries, and an assortment of companies investing in Bitcoin infrastructure.”
The market’s just had a jawbreaker of CPI and PPI data, mixed with all the frantic tariff talk from Trump’s latest opera (which hits the stage on Aug. 1). Feel that sweet relief? The Wall Street FOMO from Monday and Tuesday seems to have evaporated—poof! 💨
🚀 Think $150K Bitcoin is a dream? Think again.
Our latest episode breaks down the secrets of why BTC’s next big leap may be just around the corner. Our market wizards, @HorusHughes and @bitcoinwallah, have the inside scoop!
From ETF inflows to onchain fortunes — we’re basically a crystal ball.
Don’t miss the…
— CryptoMoon Markets & Research (@CryptoMoonMT) July 16, 2025
And speaking of rainbows and butterflies, we’ve had some glittering news! President Trump managed to toss some magic in Congress and get the GENIUS stablecoin bill to move forward, kind of like a tiny legislative victory lap. 🏃♂️💨 It’s a 3-month high in spot BTC ETF inflows, and apparently, Cantor Fitzgerald and Adam Back are launching a SPAC that could hand them a staggering 30,000 Bitcoin. Talk about a good day at the office!
On the Bitcoin daily chart, an inverse head-and-shoulders pattern—yup, you heard that right—just confirmed as the price boogied above $112,000 on Thursday. This pattern suggests a cheeky target of $143,000. If only my gym workouts were as successful! 💪
Right now, the futures market is like that overly enthusiastic friend at a party, driving price discovery and day-to-day price fluctuations. To really get this baby to $150,000, we need some consecutive daily closes above $130,000—like, let’s establish a routine here! 🙌
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2025-07-16 22:56