Zylo Ecosystem
Pearl
Walrus
Derive
Quantus
Aerodrome Finance
Sui
Key Takeaways:
- Bitcoin could reach $131K provided that a key support level holds.
- The market remains bullish on Bitcoin despite its limited growth in the past week.
- Bitcoin Hyper ($HYPER) could benefit from Bitcoin’s next bull run.
The market remains bullish on Bitcoin’s ($BTC) continued rise in July, with a crypto analyst predicting that it’ll reach $131,200 as long as a key support level holds.
This news is a definite plus for Bitcoin-related projects such as Bitcoin Hyper ($HYPER), which is set to reach its $4.78M funding milestone soon.
Market Bullish on $125K Bitcoin, $131K Entirely Possible
$BTC price prediction site continues to be bullish on the cryptocurrency reaching $125K despite its limited growth over the past week.
In a survey in Polymarket, 31% of respondents said that Bitcoin will reach $125K this month, while 8% believe $130K is within reach.
However, $BTC only shrank by 0.22% in the last seven days, according to CoinMarketCap.
In comparison, most of the Top 10 cryptocurrencies saw double-digit growth during the same period, with Dogecoin ($DOGE)’s 30.45% and Solana’s ($SOL) 20.60% leading the pack.
That’s not a cause for concern, at least according to crypto analyst Ali Martinez. In a post on X, he said that $BTC could reach $131,200 provided that it maintains the $117,400 support level.
Of course, bullish sentiment towards Bitcoin is always welcome, especially for the likes of Bitcoin Hyper ($HYPER).
Bitcoin Hyper: Ready to Hit $4.78M Soon
The Bitcoin Hyper ($HYPER) project wants to solve common issues that bog down Bitcoin: slow transactions, high fees, and limited scalability.
Its solution is to develop a Bitcoin Layer 2 that will deliver transaction speeds that are faster than Solana. Plus, it’ll allow everyone to seamlessly transfer $BTC between Layers 1 and 2 while maintaining Bitcoin’s robust security.
To date, the project has raised over $4.3M and is inching closer to its next funding milestone of $4.78M. This is a testament to the continued attractiveness of Bitcoin-related projects, particularly more ambitious ones like this.
To support the project, you can buy its native $HYPER tokens at the official Bitcoin Hyper website. Each one costs only $0.012375, which is a small investment for such a promising project.
Buying $HYPER is easy. First, connect your crypto wallet, like Best Wallet, to the presale widget, enter how many tokens you wish to buy, and then pay with fiat or crypto.
If you prefer, you can also stake the tokens you bought to earn passive rewards. The reward rate is currently at a whopping 221% p.a., although take note that this can still change as more investors stake their tokens. At the moment, over 237M $HYPER tokens are locked in the staking pool.
Whatever option you choose, it’s best to get your tokens as soon as possible since a new price increase is set to happen in the next 24 hours.
To learn more about the project, you can read the Bitcoin Hyper whitepaper.
Bitcoin is Still the Crypto to Beat
Despite several failed attempts this week to reach a new ATH, Bitcoin still has a lot of upside. You can think of it as simply gathering momentum at the moment before hitting $125K and then $131K.
What’s important, though, is that it has to maintain the $117K support level for another rally to happen. And when it does happen, you can certainly expect Bitcoin Hyper ($HYPER) to ride the next bullish wave.
But before you invest, be sure to do your research first. This is not financial advice.
