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According to the latest data, the price of Bitcoin is currently around $116,632.17 with a change of -2.91% in the last 24 hours. The price prediction for Bitcoin for July 2025 varies quite a bit, but some analysts have a positive outlook ¹.
*Factors Affecting Bitcoin Prices:*
- *Strong Support Zone*: Bitcoin has a strong support zone in the range of $100,000-$103,000, with over 574,000 BTC purchased by more than 1.1 million wallet addresses.
- *ETFs and Institutional*: Bitcoin ETFs recorded an inflow of $4.5 billion in July, bringing the cumulative inflow to $48.95 billion, reflecting institutional optimism towards the future of Bitcoin.
- *Chart Pattern*: The descending wedge chart pattern formed since mid-June 2025 could trigger a breakout.
*Price Prediction:*
- *PlanB Analyst*: Predicts that the price of Bitcoin could reach $125,000 by July 2025.
- *Asset Manager*: Predicts a price increase of up to 30% in July, with a target range of $130,000-$140,000.
- *Large Institutions*: Predicting a long-term price target around $200,000 by the end of 2025.#bitcoin #BTC