You Won’t Believe How Bitcoin’s Price Is About to Make History! 🚀💰

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It appears that the delightful subject of Bitcoin has resurfaced with fervor, capturing the attention of financial circles as it climbs to a remarkable summit of $118K. This splendid ascent has been facilitated by an impressive display of key resistance being breached, buoyed by gallant on-chain metrics and an intriguing hunger for investment amongst the affluent. One cannot help but marvel at the renewed ardor exuding from the investors! 🤔💸

As the price frolics near its lofty heights, analysts, with an alarming enthusiasm resembling that of a schoolboy in a sweet shop, now gaze longingly towards the ambitious target of $135K. It appears our dear Bitcoin market is preparing for a monumental shift—stay with me as we delve into the reasons therein—if you can bear the suspense! 🎢🌟

Long-Term Holders Absorb Supply: Bullish Pressure Intensifies

Recent communications from the illustrious Glassnode upon the Twitter (ah, yes, the modern parlour of all news) indicate a declining balance of Bitcoin upon exchanges. It would seem that long-term holders are rather fond of keeping their treasures close, abstractly consuming more Bitcoin than those industrious miners can indeed produce. Such behavior constricts the availability of Bitcoin for trade, tightening the supply like a new corset—one cannot help but think of the soaring prices that might follow! 👜🧐

“#BTC balance on exchanges dropping = supply shock” is the latest craze. But let us not dismiss the truth—long-term holders covet their Bitcoin more than miners can bestow. And thus, the pressure mounts!

— glassnode (@glassnode) July 12, 2025

This fascinating behavior speaks volumes of the unwavering conviction possessed by those who are decidedly less inclined to part with their belongings in the near term, thus laying a bullish foundation we’d hardly want to overlook! 💪🤑

Analysts Turn Ultra-Bullish: $135K in Sight?

In a display of fervent optimism, the esteemed crypto analyst MisterCrypto has artfully proposed that Bitcoin is executing a most elegant breakout from a classic bull flag pattern, traditionally heralding a continuation of an upward trajectory. With unrestrained glee, he predicts that our current rally is far from approaching its finale! 🎉💥

Bitcoin is breaking out of this bull flag.

MASSIVE PUMP INCOMING! 🤯

— Mister Crypto (@misterrcrypto) July 12, 2025

This delightful proclamation aligns with the swelling body of technical evidence suggesting that Bitcoin may have bravely embarked upon a price discovery phase, wherein former resistances may no longer impose limitations, allowing the market to pursue new pinnacles of glory! 🏔️😄

BlackRock and Big Money Bet Big on BTC

Ah, the institutional investors have also taken the stage with great aplomb. Amongst them, the formidable BlackRock has notably acquired a staggering 8,086 BTC, their valuation exceeding $1 billion—according to the astute Quinten François, who so gallantly highlights this enterprise! 🏦💸

BlackRock bought 8,086 Bitcoin yesterday

That’s almost $1 BILLION! 💰💥

— Quinten | 048.eth (@QuintenFrancois) July 12, 2025

This considerable accumulation emanates confidence from one of the world’s leading asset overseers, signaling a commendable faith in Bitcoin’s long-term value proposition, which is more than merely a fleeting fancy! 🌍💪

“Just Get In”: Michael Saylor’s Message Echoes

Meanwhile, Michael Saylor—one of Bitcoin’s most boisterous advocates—charmed the masses with an amusingly crafted AI image on the Twitter, purely summing up the mood with his succinct exhortation: “Just Get In”. Touché, dear sir! 😏🚀

Just Get In. 💬

— Michael Saylor (@saylor) July 11, 2025

This whimsical yet poignant sentiment undoubtedly resonates among the Bitcoin enthusiasts, akin to a long-awaited ball invitation—who could decline such an offer? 🎊🕺

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2025-07-12 14:40