Ah, Bitcoin, that capricious specter of modern finance, once again stages a dramatic ascent. On the fateful Thursday of July 10, like a phoenix reborn afresh, it jubilantly burst forth beyond the $113,700 threshold, evoking both cheers and gasps in its wake. President Trump, that ever-entertaining maestro of economic theatrics, made his melodramatic calls for rate cuts, setting the stage for this latest act of monetary mischief.
Donald J. Trump Truth Social 07.10.25 10:28 AM EST
â Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) July 10, 2025
A brief sojourn into the realms of trading reveals a chaotic scene. As BTC gallantly sailed past $113,000, like brave knights in battle, liquidations erupted, leaving in their wake a staggering $652.7 million gone in the twinkling of an eye. A staggering 88% of this cataclysm comprised the anguished cries of those who dared bet against the bullish tide, according to Coinglassâthose intrepid souls who evidently miscalculated their prowess.

Crypto market liquidation, July 10, 2025 | Source: Coinglass
CZ’s Enigmatic Whisper Amidst the Marketâs Climactic Crescendo
Enter Changpeng Zhao, the erstwhile czar of Binance, who, like the Sphinx, unveiled a cryptic message during this euphoric surge of Bitcoin. His words, âHope you bought the dip,â floated into the digital ether like a riddle to be pondered. đ
â CZ đ¶ BNB (@cz_binance) July 9, 2025
Despite his recent escapades through legal labyrinths, Zhao remains a beacon of sagacity within the ever-mystifying world of crypto. His message garnered more than 970,000 views with the rapidity of a lightning bolt, resonating as a clarion call for hope amidst the stormy seas of market volatility.
Bullish sentiments reign supreme as Bitcoin continues its gallant quest for height, with the $120,000 mental milestone beckoning like an elusive mirage on the horizon. Should the righteous bulls hold their ground above $110,000, we may yet drink nectar from the chalice of triumph.
However, one must tread carefully through these treacherous waters; the swift tides of the market may just as easily turn against the unwary trader, lured by the siren song of early profits or the shiny allure of altcoins.
Bitcoin on the Trajectory: Can the Bulls Maintain Their Grasp on $120K?
With Bitcoin now adjusting its crown and hovering around the regal price of $113,300, the realm of investing finds itself expending a collective sigh of satisfaction after a two-day gallivant of 6.1%. This recent propulsion beyond the sacred upper Bollinger Band at $112,849 heralds winds of fortuitous momentum across the crypto expanse.
Amplifying this bullish cacophony, the MACD lines have performed a waltz of hope, signaling that perhaps fortune favors the bold once more. The graph reflects a throbbing pulse of purchasing fervor, while histogram bars heighten this anticipationâa chorus of bullish delight.

Bitcoin price forecast | Source: TradingView
Onward to the next exalted psychological summit we march, as BTC remains steadfast above the 20-day Simple Moving Average, nestled comfortably at $107,494. The ascent continues with the tantalizing call of $120,000 glimmering temptingly in the distance, all while cautious whispers linger about potential corrections beneath the $110,000 threshold.
The Best Wallet: Your Trusty Compass in the Bitcoin Odyssey
As Bitcoin vaults into realms of historic heights, the discerning investor pivots to the Best Walletâa stalwart provider granting seamless access to the treasure trove of next-gen tokens and financial wizardry.
With an impressive $13.79 million in capital raised, Best Wallet finds itself at the forefront of this ever-growing crypto empire. Enjoy lower transaction fees, early access to token launches, and a veritable buffet of governance rights as $BEST holders revel in the fortune of this new epoch. For those ready to embrace the coming bull cycle, venture forth to the Best Wallet’s realm!
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2025-07-11 02:10