Bitcoin (BTC), proudly referred to as the king of cryptocurrencies, is currently sitting at $109K. The token is slowly inching towards claiming the coveted $110K mark amid heightened institutional interest, which is once again acting as a catalyst to help BTC soar. The US President Donald was recently seen advising the world on how America is looking forward to holding Bitcoin for a long time, which has once again helped the token to stabilize its momentum. How high can BTC truly soar this cycle? Let’s find out.
Also Read: BlackRock’s IBIT Spot Bitcoin ETF Reaches $70 Billion AUM
Don’t Sell Bitcoin: US President Says
In a new video snippet, US President Donald Trump can be seen delivering a speech where he emphasizes Bitcoin. He actively shared how Americans will now follow the universal crypto rule of never selling their Bitcoin, which activated positive market sentiments.
Donald Trump: "From this day on American will follow the rule that every Bitcoiner knows very well, 'Never sell your Bitcoin.'" pic.twitter.com/BXjdTin0K1
— Altcoin Daily (@AltcoinDaily) June 9, 2025
While Bitcoin is currently moving at a stable pace, BTC’s institutional interest continues to rise rapidly. Major firms, including Metaplanet and Strategy, are holding BTC in record numbers.
In addition to this, new predictions related to how high BTC can surge in this cycle have come into the picture. Major analysts and experts in our Mark Kaiser have predicted how BTC can easily hit $850K in this cycle.
BILLIONAIRE MAX KEISER SAYS #BITCOIN IS GOING TO $850,000 DURING THIS CYCLE 👀
— Vivek⚡️ (@Vivek4real_) June 9, 2025
IT’S COMING!!! 🚀 pic.twitter.com/8VAgDS2Eig
In addition to this, Willy Woo, a leading BTC analyst, has said that Bitcoin will soon encapsulate the world as the leading asset.
“My long-term target for BTC price is not dollars, as that continues to be debased. My target is world GDP / 21 million. Give or take +/- 50%. It will take the better part of 2 decades to get there.”
My long term target for BTC price is not dollars as that continues to be debased.
— Willy Woo (@woonomic) June 2, 2025
My target is World GDP / 21 million. Give or take +/- 50%. Will take the good part of 2 decades to get there.
What Are the Technical Indicators Saying?
Per CoinCodex, BTC is set to hit $119K by mid-July 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 8.76% and reach $ 119,029 by July 10, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Bitcoin recorded 16/30 (53%) green days with 2.13% price volatility over the last 30 days.
Furthermore, by September 2025, the token is expected to hit a new high peak of $ 144 K.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 31.68% and reach $ 144,113 by September 7, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Bitcoin recorded 16/30 (53%) green days with 2.13% price volatility over the last 30 days.
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