{"id":40304,"date":"2025-08-04T12:01:37","date_gmt":"2025-08-04T12:01:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40304"},"modified":"2025-08-04T12:01:37","modified_gmt":"2025-08-04T12:01:37","slug":"bitcoin-breakout-are-recent-120k-levels-just-the-beginning","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40304","title":{"rendered":"Bitcoin Breakout: Are Recent $120K+ Levels Just The Beginning?"},"content":{"rendered":"<div>\n<p><figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"604\" src=\"https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/08\/03175752\/Super-Bitcoin-Benzinga-1024x604.png\" alt=\"Super Bitcoin. Bitcoin has fallen from its highs. Investors aren't the least bit worried. \" class=\"wp-image-16844\" srcset=\"https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/08\/03175752\/Super-Bitcoin-Benzinga-1024x604.png 1024w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/08\/03175752\/Super-Bitcoin-Benzinga-300x177.png 300w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/08\/03175752\/Super-Bitcoin-Benzinga-768x453.png 768w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/08\/03175752\/Super-Bitcoin-Benzinga.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption class=\"wp-element-caption\"><em>Bitcoin has fallen from its highs. Investors aren&#8217;t the least bit worried. (Image created by the author via Canva.)<\/em><\/figcaption><\/figure>\n<\/p>\n<p>The week ended with Bitcoin prices falling from their high water market, but good luck finding a single <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\">BTC <\/a>investor that is worried about it. This market has long legs, so long in fact we now have mainstream analysts from <strong>Cantor Fitzgerald<\/strong> making price calls of $1 million, Barron&#8217;s <a href=\"https:\/\/www.barrons.com\/articles\/bitcoin-xrp-price-usd-news-f4f51ee0?utm\">reported <\/a>exclusively last week.<\/p>\n<p>\u201cBitcoin\u2019s recent surge past $120,000 isn\u2019t just a price spike, it\u2019s a clear indicator of its maturing market and strengthening fundamentals,&#8221; said <strong>Marvin Bertin<\/strong>, co-founder and CEO of <strong>Maestro<\/strong>, a leading BitcoinFi infrastructure provider. They raised <a href=\"https:\/\/www.gomaestro.org\/blog\/maestro-3-million-in-seed-funding-propels-bitcoin-defi-revolution\">$3 million<\/a> in seed funding in February, helped along by crypto savant <strong>Tim Draper<\/strong> at <strong>Draper Associates<\/strong>, along with co-investor <strong>Wave Digital Assets.<\/strong><\/p>\n<p>&#8220;Individuals and institutions globally seek reliable, independent assets, and Bitcoin continues to prove its value in being just that. The recent highs are fueled by increasing institutional adoption, the accessibility offered by new Bitcoin ETFs, and the halving event, which limits supply, making Bitcoin scarcer,\u201d Bertin said.<\/p>\n<p>The <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41124852\/bitcoin-halving-cycle-signals-potential-2024-rally-canaccord-analysts-predict\">last Bitcoin halving<\/a> was in April 2024. Bitcoin is programmed to halve its block reward every 210,000 blocks to control supply &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/08\/46824044\/bitcoin-breakout-are-recent-120k-levels-just-the-beginning\" alt=\"Bitcoin\" breakout: are recent levels just the beginning>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has fallen from its highs. Investors aren&#8217;t the least bit worried. (Image created by the author via Canva.) The week ended with Bitcoin prices falling from their high water market, but good luck finding a single BTC investor that is worried about it. This market has long legs, so long in fact we now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40304","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40304"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40304\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}