36% Expect Bitcoin to Hit $125K by July 31 Amid Inflows & New Rules
Bitcoin price continues to gain bullish momentum, testing resistance near $120K after peaking at $123K. Polymarket’s decentralized poll shows 36% of participants expect Bitcoin price to surpass $125K by July 31, with smaller shares betting on $130K and above. Institutional demand remains strong – Trump Media & Technology Group now holds over $2 billion in BTC – while retail growth, a stable labor market, and easing inflation expectations support market sentiment. The newly enacted GENIUS Act clarifies stablecoin regulation, mandating full USD or Treasury backing, regular reserve reporting, and KYC checks. Traders should watch the $125K resistance level, monitor inflows, and assess stablecoin policy as key catalysts for short-term volatility and a potential continuation toward $130K–$139K, or a pullback risk to $110K.
Bullish
The Polymarket poll’s strong bullish bias, combined with institutional inflows and supportive macro factors, points to upward pressure on Bitcoin price in both the short and long term. The 36% who expect a break above $125K by July 31 reinforce growing market optimism, while Trump Media’s $2 billion BTC holding signals large-scale demand. Easing inflation expectations and stable labor markets add to the positives. Furthermore, the GENIUS Act’s clear stablecoin rules reduce regulatory uncertainty, potentially broadening investor participation. Short term, traders may see volatility around the $125K resistance, with a likely test of $130K–$139K if inflows continue; long term, the combination of macro tailwinds and institutional adoption underpins a bullish trend.