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 somewhat previous $108,000 stage ultimately test, exhibiting a small 0.41% dip in 24 hours however a 1.20% rise over seven days.
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This regular transfer increased has drawn voices from social media, stirring debate on whether or not Bitcoin is actually underpriced or in peril of slipping again under key ranges.
Undervalued At $110K
Based on Altcoin Every 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 Every 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.
Primarily based on studies from market trackers, world liquidity is on the rise. Market observers picked up on that, saying additional cash floating round can push Bitcoin increased.
Rising liquidity usually fuels huge strikes in threat belongings. Nonetheless, merchants regulate futures funding charges and miner promote‑strain, in search of clues if a pullback is brewing.
International Liquidity simply hit a brand new ATH.
Bitcoin will comply with! pic.twitter.com/gH1Kl2D1Zw
— Crypto Rover (@rovercrc) July 3, 2025
Combined Views On-line
Some followers argue that inflation and new tariffs might dampen Bitcoin’s rally. Others observe that central banks are nonetheless shopping for time earlier than any price hikes, which can give crypto one other increase.
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 arduous solutions.
Previous Bull Runs
Altcoin Every day wasn’t shy about previous calls both. Simply days earlier, they stated that when Bitcoin tops $150,000, traders would need they’d purchased extra at decrease costs. That form of hindsight speak could be stirring, nevertheless it doesn’t change the right here‑and‑now charts or the macro calendar.
Exec Calls For Hedge
Primarily based on remarks by Matt Hougan, Chief Funding Officer at Bitwise, now might be a superb 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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Value Motion On Crosshair
Traders shall be watching each worth motion and large‑image occasions. A stable break above $110,500 would possibly 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 subsequent few days might inform us loads about the place it’s headed.
Featured picture from Meta, chart from TradingView
