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Bitcoin Breaks Above $117,000 Amid Institutional Support

Bitcoin Breaks Above $117,000 Amid Institutional Support

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by Giorgi Kostiuk

7 hours ago


On July 13, 2025, Bitcoin hit an all-time high above $117,000, contrary to claims of a price drop. Investor optimism and institutional support solidified its market position.

Rumors of a Dip Dispelled

Direct market commentary and verified price feeds indicate Bitcoin's continued rise. Former President Donald Trump stated that crypto prices have "blown through the ceiling," confirming the absence of dip signals.

Institutional Investments and Liquidations

Bitcoin surged past $117,000 due to significant institutional inflows and over $1.14 billion in short position liquidations. Experts like Markus Thielen predict further upsides, reflecting market stability and strong institutional buying.

Forecasts and the Future of the Crypto Market

Bitcoin's rise has led to increased investor confidence. Predictions indicate a sustained bull market, with historical parallels supporting the absence of price declines. Regulatory scrutiny and technological advancements continue to shape the future landscape of crypto.

Bitcoin's success and its performance amid institutional investments highlight its resilience and potential for further growth in the cryptocurrency market.

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