Bitcoin Don Hit $112K, Analysts Dey Predict Rally Reach $133K

Bitcoin don shoot pass im May downtrend come reach new all-time high of $112,000 for July 9, e be because of one bullish cup-and-handle breakout plus strong institutional demand. On-chain metrics dem, like Crypto Fear & Greed Index wey show 71 and low altcoin activity, dey show say Bitcoin get fresh strength. Spot Bitcoin ETFs collect around $1.04 billion inflows for July, e mean say institutional leadership dey grow. Meanwhile, options flow data show say traders dey move into call positions after big expirations, e mean more upside fit happen. Markus Thielen from 10x Research dey warn say plenty holders still underallocated before potential rally. Him trend model talk say get 60% chance say prices go continue to gain for next two months, e predict 20% jump to about $133,000 by September. Main catalysts na US inflation data for July 15 and supportive policies during US Crypto Week. Analysts like Jelle and Rekt Capital turn bullish too, but some warn say extreme optimism fit come before pullbacks. Overall, correct technicals, strong ETF demand and good options flow dey show say better Bitcoin rally fit hold on.