Bitcoin’s climb previous $110,000 this week has reignited a recent spherical of bullish calls. Costs hit $110,150 on July 3 and traded a bit of previous $108,000 degree finally test, displaying a small 0.41% dip in 24 hours however a 1.20% rise over seven days.
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This regular transfer larger has drawn voices from social media, stirring debate on whether or not Bitcoin is really underpriced or in peril of slipping again beneath key ranges.
Undervalued At $110K
In line with Altcoin Each day, Bitcoin at $110,000 is “undervalued,” with the analysts arguing there’s loads of room to run. That daring declare has followers cheering, and a few even dream of $1,000,000 down the street.
Bitcoin at $110k is undervalued! [screenshot this]
— Altcoin Each day (@AltcoinDaily) July 3, 2025
Different customers have pushed again, asking what on‑chain knowledge or metrics again up this view. They level out that till Bitcoin clears resistance at $110,500, an actual breakout isn’t confirmed.
Based mostly on studies from market trackers, international liquidity is on the rise. Market observers picked up on that, saying extra cash floating round can push Bitcoin larger.
Rising liquidity usually fuels large strikes in danger belongings. Nonetheless, merchants keep watch over futures funding charges and miner promote‑stress, in search of clues if a pullback is brewing.
International Liquidity simply hit a brand new ATH.
Bitcoin will observe! pic.twitter.com/gH1Kl2D1Zw
— Crypto Rover (@rovercrc) July 3, 2025
Blended Views On-line
Some followers argue that inflation and new tariffs might dampen Bitcoin’s rally. Others word that central banks are nonetheless shopping for time earlier than any fee hikes, which can give crypto one other enhance.
The again‑and‑forth on social media reads like a mini battle room, with quick feedback and deep threads floating round. Loads of voices, however few onerous solutions.
Previous Bull Runs
Altcoin Each day wasn’t shy about previous calls both. Simply days earlier, they mentioned that when Bitcoin tops $150,000, traders would need they’d purchased extra at decrease costs. That form of hindsight discuss will be stirring, but it surely doesn’t change the right here‑and‑now charts or the macro calendar.
Exec Calls For Hedge
Based mostly on remarks by Matt Hougan, Chief Funding Officer at Bitwise, now could possibly be time to purchase Bitcoin. Hougan pointed to Ray Dalio’s warnings about US debt, which has swelled previous $7 trillion in annual spending in opposition to $5 trillion in income.
With every family on the hook for roughly $230,000, Dalio says holding Bitcoin can act as a hedge in opposition to future cash‑print dangers.
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Worth Motion On Crosshair
Traders will probably be watching each value motion and massive‑image occasions. A stable break above $110,500 may pull in additional consumers. But when inflation surprises on the upside or tariffs hit more durable, odds might shift rapidly.
For now, Bitcoin’s story continues to be unfolding—and the following few days might inform us so much about the place it’s headed.
Featured picture from Meta, chart from TradingView
