Bitcoin Nears Record High 🟠Bitcoin continues to trade near its all-time high of $111,970, sparking debate among market participants over when it will break through. According to analysts at COIN 22, rising M2 money supply and a potential Fed rate cut as early as September could push BTC higher. However, a new wave of tariff conflicts poses a downside risk. 🟠Analysts Franzen and MMCrypto point to bullish chart patterns suggesting an imminent breakout. Optimism is further fueled by the issuance of a new batch of USDT — widely seen by investors as a signal that the next phase of growth may be beginning. https://crypto-jazz.com/bitcoin/2025/07/05/bitcoin-nears-record-high/
Bitcoin Nears Record High
🟠Bitcoin continues to trade near its all-time high of $111,970, sparking debate among market participants over when it will break through. According to analysts at COIN 22, rising M2 money supply and a potential Fed rate cut as early as September could push BTC higher. However, a new wave of tariff conflicts poses a downside risk.
🟠Analysts Franzen and MMCrypto point to bullish chart patterns suggesting an imminent breakout. Optimism is further fueled by the issuance of a new batch of USDT — widely seen by investors as a signal that the next phase of growth may be beginning.
https://crypto-jazz.com/bitcoin/2025/07/05/bitcoin-nears-record-high/
