Bitcoin Soars to $108,899: Bullish Surge, ETF Inflows, and $150K Predictions for 2025 – Full Market Update

Bitcoin Soars to $108,899: Bullish Surge, ETF Inflows, and $150K Predictions for 2025 – Full Market Update

As of July 3, 2025, Bitcoin (BTC) is trading at approximately $108,899.56, reflecting a 3.05% increase in the last 24 hours, with a market cap of around $2.14 trillion. 

The price has shown bullish momentum, supported by technical indicators and strong institutional activity. Here's a detailed update based on recent market data:

Price and Technical Analysis

Current Price: $108,899.56 (USD), up 3.05% from yesterday.

Recent Highs and Lows: Bitcoin hit an intraday high of $108,272 and a low of $106,343 recently, with forecasts suggesting a potential push to $110,000–$113,500 if it breaks the $109,800–$112,000 resistance zone.

Technical Indicators:

Moving Averages: Bitcoin is trading above its 20-day ($105,586), 50-day ($103,709), and 200-day ($94,204) exponential moving averages (EMAs), signaling a short-term bullish trend. The 50-day and 200-day MAs are rising, reinforcing a strong longer-term trend.

Relative Strength Index (RSI): The RSI is at 68.29, nearing overbought territory (above 70), indicating strong momentum but potential for a short-term pullback.

MACD: A positive divergence with the MACD line above the signal line supports ongoing bullish momentum.

Bollinger Bands: BTC is pushing toward the upper band resistance at $110,415, suggesting a potential continuation of the uptrend if it breaks through.

Support and Resistance:

Support: Key support levels are at $103,700, $99,900 (100-day EMA), and $94,000–$96,000 (200-day EMA).

Resistance: Immediate resistance lies at $109,800–$112,000, with a breakout potentially targeting $113,500.

Market Sentiment and Drivers

Bullish Sentiment: The market sentiment is neutral to bullish, with a Fear & Greed Index score of 63 (Greed). Technical indicators show a 62% bullish sentiment, driven by institutional buying and ETF inflows.

ETF Inflows: Bitcoin ETFs have seen consistent inflows, with $547.7 million added on June 25 and cumulative net inflows of $36.9 billion since early 2024. BlackRock’s iShares Bitcoin Trust alone recorded $370.2 million in a single day. These inflows reflect strong institutional demand, with BlackRock’s fund surpassing Google’s market cap.

Institutional Adoption: Public companies, including Trump Media & Technology Group, are adopting Bitcoin treasury strategies, with 61 firms holding nearly 100,000 BTC. This trend, inspired by MicroStrategy’s success, is boosting market confidence.

Macro Factors: Easing U.S.-China trade tensions, softer U.S. inflation numbers, and Moody’s downgrade of U.S. sovereign debt have driven investors toward Bitcoin as an alternative store of value.

Geopolitical Influence: The de-escalation of the Israel-Iran conflict has supported Bitcoin’s rebound, with the price reclaiming the 50-day SMA around $106,000.

Market Activity

Trading Volume: Daily trading volume has risen to $52.13 billion, a 13.55% increase, indicating fresh capital inflow and growing market activity.

Liquidations: High-leverage short positions were liquidated around $108,864.60, reinforcing bullish pressure, while longs faced liquidation at $106,343, establishing it as a short-term support zone. A drop to $92,688 could liquidate $8.47 billion in longs, while a rally to $119,376 could wipe out $8.41 billion in shorts.

On-Chain Data: The MVRV Z-Score (currently 1.43) suggests Bitcoin is in a healthy bull cycle phase, with long-term holders accumulating during dips, mirroring patterns from 2020 and 2021. On-chain transfer volume has dropped 32% to $52 billion, indicating reduced speculative intensity compared to earlier 2024 peaks.

Price Predictions:

Short-Term (July 2025):

Analysts forecast a 2–3% upside in the next 24 hours, potentially reaching $108,500–$110,000. A breakout above $110,200 could confirm a renewed bullish trend, targeting $113,500.

Changelly predicts a 19.79% increase to $128,907.38 by July 4, 2025, though this is optimistic. The average trading price for July is estimated at $123,117.58.

Mid-Term (Q3–Q4 2025):

Experts predict Bitcoin could rally to $130,000–$150,000 by year-end, driven by ETF demand and institutional adoption. Some, like Bernstein, forecast $200,000 by the market peak, supported by $190 billion in ETF assets under management.

Geoff Kendrick from Standard Chartered sees BTC reaching $120,000 by mid-2025 and $200,000 by year-end.

Long-Term (2026–2030):

Conservative forecasts suggest Bitcoin trading between $99,910 and $200,000 in 2026, with a potential high of $250,000 by 2030. More optimistic predictions, like Cathie Wood’s, project $1 million by 2030, though a $15 trillion market cap for $1 million BTC is considered unlikely without extraordinary conditions.

Bearish scenarios from analysts like Deutsche Bank ($20,000) or Mizuho Securities ($30,000) exist but are less favored given current trends.

Risks and Challenges

Volatility: Bitcoin’s price remains highly volatile, with a 1.76% volatility rate over the last 30 days. A failure to hold above $99,000 could trigger a retest of $94,000–$96,000.

Macro Headwinds: A potential global recession or weakness in U.S. equities, to which Bitcoin is correlated, could cap near-term gains.

Regulatory Risks: Stricter regulations or liquidity shortages could lead to sharp corrections, with some analysts warning of a possible drop below $20,000 in a severe bear market, though this is unlikely in 2025.

Geopolitical Tensions: Events like U.S.-China trade disputes or Middle East conflicts could introduce volatility, though recent de-escalations have been positive.

Broader Market Context

Bitcoin Dominance: The market remains in “Bitcoin Season,” with the Altseason Index at 18, indicating limited rotation to altcoins. Altcoins like SEI are gaining traction but lag behind Bitcoin’s dominance.

Market Cap: The global crypto market cap is $3.25 trillion, up 0.45%, reflecting sustained investor confidence.

Historical Context: Bitcoin’s 50% rally from April lows of $74,000 to $112,000 aligns with its four-year cycle, with experts anticipating a peak in Q3 or Q4 2025.

Bitcoin’s market outlook for July 3, 2025, is bullish, driven by strong ETF inflows, institutional adoption, and favorable technical indicators. 

The price is testing key resistance levels, with a breakout above $110,000 potentially sparking new highs. However, traders should remain cautious of overbought signals and macro risks.

Disclaimer: This is not investment advice. Cryptocurrency markets are highly volatile, and investors should conduct their own research and consider risk tolerance before investing.