Bitcoin sets a new all-time high surpassing US$120,000

dinero_admin 14 July, 2025 2 min read

Bitcoin reached a historic milestone today, july 14, 2025, when it surpassed the US$120,000 per unit barrier for the first time in its history, momentarily reaching up to around US$123,200, before stabilizing near US$120,000.

This impressive rally has been driven by a massive flow of institutional investment, especially through Bitcoin exchange-traded funds (ETFs), which recorded record inflows. On the previous thursday, US$1.18 billion was accounted for in a single day, accumulating around US$15 billion in the last few weeks. Analysts say these inflows far exceed retail participation and reflect a growing maturity of the market.

Much of the optimism comes from the advancement of key legislation in the U.S. Congress during what has been dubbed “Crypto Week”. Important bills such as the GENIUS Act, the Clarity Act and the Anti CBDC Surveillance State Act, which could provide a clear regulatory framework for stable coins and limit the direct implementation of a central bank digital currency, are being debated. President Donald Trump himself supports these efforts and has pushed for actions such as an executive order to establish a strategic Bitcoin reserve.

While there are bullish expectations, there is no shortage of caveats. Some experts point out that technical factors such as the “dealer gamma” in options, a potential pressure from the US dollar index and the falling implied volatility index (DVOL) could induce a consolidation in a range between US$120,000 and US$130,000 in the coming weeks. However, other indicators, such as cumulative volume (OBV), suggest that the trend may soon revive.

Among the boldest forecasts, investment firm Bitwise reckoned that Bitcoin could reach US$200,000 before the end of the year, and other analysts such as those at Pepperstone and Ledn mention possible targets between US$136,000 and US$200,000, depending on institutional momentum and regulatory progress.