📰 Bitcoin (BTCUSD) Poised for $137K Rally as Institutional Buying Drives Bullish Continuation
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Jul 21, 2025, 01:06 EDT
| 🔗 Source: CryptoNews
🧠 Summary
Bitcoin retraces slightly after hitting $123K, supported by bullish pennant pattern and strong institutional buying via ETFs and corporate treasuries. Institutional adoption drives sustained inflows, signaling continued upward momentum towards a $137K target despite minor short-term pullbacks.
💡 Why this signal?
- Schiff’s strong allegations of Bitcoin as a decentralized Ponzi scheme undermine investor confidence and suggest potential price declines.
- He emphasizes that supporting crypto domestically may weaken trust in the US dollar, potentially accelerating Bitcoin’s downfall.
- The comparison to historic speculative bubbles and insider cash-out claims highlights risks of a market correction harming retail investors.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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