Bitcoin’s journey through the market continues to captivate both seasoned investors and newcomers alike. Recently, the cryptocurrency has demonstrated remarkable resilience by surging beyond $118,000, even after facing considerable sell-offs by large holders, often referred to as whales. This resurgence has ignited fervent debates within the cryptocurrency community regarding the impact of these influential players on price dynamics. What’s surprising is the latest revelation from River Financial: a striking 67% of all Bitcoin remains under individual ownership, a statistic that counters the common belief of institutional dominance in the market.
67% of #bitcoin is still owned by individuals.Wall Street, governments, and corporations? Just 13.8%. pic.twitter.com/EjvlnR5aHF— TFTC (@TFTC21) July 24, 2025
So, why does this matter? The individual ownership of Bitcoin aligns closely with Satoshi Nakamoto’s original vision of a decentralized financial system. It empowers everyday people, ensuring that the financial reins are not solely in the hands of a select few institutions. The recent price stability, with Bitcoin maintaining levels above $117,000 amidst whale selling, underscores this belief in resilience. Notably, Bitcoin has just filled the critical CME gap at $115,000, indicating bullish momentum that many analysts are watching closely.
$BTC just did what we are not expecting.Closed above key Bullish zones.CME gap at $115K was filled.High Leverage Rekt out.Institutions buying heavily their BAGS.This correction was very much needed for Bitcoin next higher high.The bulls are back again in beast mode. pic.twitter.com/BAFFiDHc89— Henry (@LordOfAlts) July 26, 2025
With the market now shifting toward bullish control, Bitcoin’s trajectory appears to be gearing up for a significant rally, potentially reaching the $140,000 mark. However, investors should approach the crypto space with caution due to its notorious volatility. According to the Index Bitcoin Cycle Indicators (IBCI), the market has just entered the Distribution zone after a notable five-month stretch, a time historically linked to market exuberance and potential peaks. Currently, the index sits at the 80% threshold, well short of the 100% level, which has previously signaled major cycle highs.
With the absence of aggressive profit-taking often seen at market cycle peaks, the targets of $140,000-$150,000 remain within reach. Looking at the technical analysis, the daily chart for Bitcoin (BTC/USD) reveals an emerging Elliott Wave pattern, currently resting in the preliminary stages of Wave (V). The preceding waves have aligned with traditional wave principles, setting the stage for further gains.
Currently, Bitcoin is navigating just below the 9-day exponential moving average (EMA) at $118,016.64, acting as immediate resistance. The emergence of a potential bull pennant formation hints at the possibility of sustained bullish momentum, targeting around $131,757 for Wave (V). With the Relative Strength Index (RSI) holding at 66.42—still under the overbought threshold—there’s breathing room for further upward movement.
As Bitcoin oscillates between these key price points, a new project named Bitcoin Hyper is generating buzz in the crypto community. Currently in its funding phase, Bitcoin Hyper has already raised over $5 million, drawing significant interest from early investors. Think of Bitcoin Hyper as an upgrade to the traditional Bitcoin experience, utilizing a Layer 2 solution designed to boost performance and scalability.
As the first initiative of its kind, Bitcoin Hyper is attracting attention with predictions from crypto experts suggesting that the $HYPER token could see a 10x increase in value. Currently, early investors can purchase $HYPER tokens for just $0.0124 each, and with the anticipated price hikes as the project progresses, now might be the ideal time for savvy investors to jump in.
In conclusion, the current landscape for Bitcoin not only reaffirms individual ownership’s significance in a decentralized market but also sets the stage for potential upward trends in both traditional Bitcoin and innovative projects like Bitcoin Hyper. As the crypto community watches eagerly, what strategies will you employ in this vibrant market? Stay informed and engaged, as the world of cryptocurrency continues to evolve.