Bitcoin News Today: Bitcoin Could Test $112K Before Advancing Toward $130K as Altcoin at $0.035 Eyes $1 Surge

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Sunday, Jul 27, 2025 9:37 am ET1min read
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- Bitcoin analysts predict a potential $112,000 price test before advancing toward $130,000, driven by technical indicators like the CME gap and consolidation above key resistance zones.

- A $0.035 altcoin is highlighted as a breakout candidate to reach $1, while global liquidity trends could accelerate Bitcoin’s rise to $150,000 if bullish momentum continues.

- Divergent forecasts emphasize caution, with base-case predictions of $135,000 by year-end versus risks of profit-taking pressures and 20% price volatility near current levels.

Bitcoin’s price trajectory has ignited renewed speculation among analysts, with forecasts suggesting the cryptocurrency could test $112,000 before advancing toward $130,000. Technical analysis highlights the CME gap between $114,440 and $115,555 as a potential catalyst, with the filling of this gap likely to drive a retest of the $112,000 support level [1]. This scenario aligns with recent price movements, as

Bitcoin
briefly surged to an all-time high of $112,000 before retracing to approximately $111,112 [4]. The consolidation above the $114K–$116K resistance area further underscores a critical demand zone, though traders caution that a breakout to $130,000 may require overcoming significant profit-taking pressures [2].

Amid this volatility, two altcoins remain under watch for potential gains. A $0.035 altcoin has been identified as a candidate to reach $1, though specific names were not disclosed in the analysis [2]. Meanwhile, broader market dynamics, such as global liquidity trends, are cited as factors that could accelerate Bitcoin’s ascent to $150,000 if bullish momentum persists [5].

The cryptocurrency market’s mixed signals reflect divergent views among observers. While some predict a base-case forecast of $135,000 by year-end [2], others emphasize the need for caution, noting that a 20% price increase from current levels would position Bitcoin near $133,000 [5]. The interplay of these forecasts highlights the uncertainty surrounding Bitcoin’s next major move, with technical indicators and macroeconomic factors both playing pivotal roles.

Sources:

[1] [Bitcoin Price Prediction: Why BTC Might Hit $112K Before $130, These 2 Altcoins Are Still Expected To Run] (https://partner.cryptopolitan.com/why-btc-might-hit-112k-before-130-these-2-altcoins-are-still-expected-to-run/)

[2] [Bitcoin to Hit $135K by Year-End in Base-Case Forecast] (https://www.

reddit
.com/r/CryptoCurrency/comments/1m8wqfd/bitcoin_to_hit_135k_by_yearend_in_basecase/)

[4] [Bitcoin (BTC) Price Rallies to New All-Time High] (https://coinedition.com/tag/bitcoin-3/)

[5] [Global Liquidity and Bitcoin’s Potential to $150K] (https://www.instagram.com/p/DMjrg2yRBxM/)