Bitcoin cracks $ 120,000 - record like out of the fairy tale!

Bitcoin cracks $ 120,000 - record like out of the fairy tale!

USA - On July 14, 2025, Bitcoin achieved a historical record level. The cryptocurrency exceeded the threshold of $ 120,000 for the first time and wrote at over $ 122,000 around 8:30 a.m. In euros, the new maximum value is almost 105,000 euros. Bitcoin once again exceeded the 100,000 euro brand at the weekend, which was last the most the case at the end of January. At midnight, however, the course was still less than 102,000 euros before a steep upward movement started from 2:25 a.m. This development shows the persistent interest of investors in Bitcoin.

The price increase is mainly attributed to strong capital inflows in Bitcoin ETFs, especially institutional investors such as Blackrock and Fidelity. These actors have increasingly invested in Bitcoin in recent weeks, which is also reflected in the current price trends. In addition, macroeconomic factors, such as the expected interest rate of the US Federal Reserve and signs of a weakening US economy, drive investors in alternative asset classes. The increasing acceptance of Bitcoin as a "digital gold" and the shortage of offer due to the halving of 2024 also act as a spa driver.

market analysis and technical trends

The Bitcoin price analysis shows that there has been a phase of increasing price fluctuations since 2017, with massive course jumps since the turn of 2020/2021. However, experts warn of possible risks: technical analyzes indicate significant resistance to the $ 120,000 mark. Current data indicates that BTC Long positions worth $ 2.38 billion could be liquidated under a decrease of $ 114,000, while an increase of over $ 121,000 could trigger short positions worth $ 725 million. The Bitcoin Long/Short ratio is 1.07, whereby 51.69 % of the traders hold long positions and 48.31 % short positions.

On July 11th, Bitcoin fluctuated by $ 118,000 and the current market structure remains healthy. Despite geopolitical uncertainties, Bitcoin remains stable over $ 105,000. Institutional buyers are driving this development ahead, supported by massive acquisitions, especially in the past four weeks, while the wallets have risen by 622 with at least ten Bitcoin.

forecasts and institutional perspectives

The long-term forecasts for Bitcoin are optimistic because experts like Brad Mills expect a 100-fold price increase over the next 10 to 20 years. This assessment is based on the growing institutional acceptance, the scarcity through halvings and technological advances. The current Bitcoin course enables institutional investors to invest significant stocks-the United States holds a strategic reserve of 200,000 BTC, and El Salvador has 6,209 BTC. Michael Saylor and his company Strategy have 592,100 BTC and recently acquired 10,100 Bitcoin for about $ 1.05 billion.

The demand for Bitcoin remains high, but it is also emphasized that stronger ETF inflows are necessary for a new upward trend. The last 30 days have ETF inflows between 25,000 and 35,000 BTC, which is below the historical mark of 60,000 BTC. Analysts from Cryptoquant note that the BTC vibrations are strongly worn by institutional purchases, while the cryptom market is shaped by an increased volatility overall.

For further details on the current developments in the crypto market, visit Kosmo , btcc and Coinkurieur .