Bitcoin’s rise past $110,000 in the last week has spurred a renewed round of bullish forecasts. Prices peaked at $110150 on 3 July, and have been trading a little above that level. $108,000 level At last check it showed a slight 0.41% drop in 24 hours, but an increase of 1.20% over 7 days.
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Social media has been awash with voices, arguing whether Bitcoin really is underpriced.
Undervalued At $110K
Altcoin Daily reports that Bitcoin is worth $110,000.undervalued“, with analysts saying there’s still plenty of room for growth. This bold claim is causing fans to cheer, with some going as far as to say that they are even dream of $1,000,000 Down the road
Bitcoin is worth $110k, but it’s undervalued. [screenshot this]
— Altcoin Daily (@AltcoinDaily) July 3, 2025
Other users have pushed back, asking what on‑chain data or metrics back up this view. The users argue that the breakout of Bitcoin is not confirmed until it clears $110 500 resistance.
According to reports by market watchers, global liquidity is increasing. Market analysts picked that up, stating more cash can drive Bitcoin higher.
Risk assets are often driven by large movements in liquidity. Still, traders keep an eye on futures funding rates and miner sell‑pressure, looking for clues if a pullback is brewing.
Global Liquidity has just reached a new ATH.
Bitcoins will soon follow. pic.twitter.com/gH1Kl2D1Zw
— Crypto Rover (@rovercrc) July 3, 2025
Mixed views online
Others argue that new tariffs and inflation could slow down Bitcoin’s rise. Other observers note that central bankers are buying more time to avoid rate increases, and this may help crypto gain a boost.
The back‑and‑forth on social media reads like a mini war room, with short comments and deep threads floating around. Many voices, few solid answers.
Bull Runs in the Past
Altcoin Daily has not been shy in its past predictions. They said just days before that investors will regret not buying more Bitcoin at a lower price once Bitcoin reaches $150,000. That kind of hindsight talk can be stirring, but it doesn’t change the here‑and‑now charts or the macro calendar.
Exec Calls For Hedge
According to remarks made by Matt Hougan Chief Investment Officer, BitwiseBuying Bitcoin could make sense right now. Hougan pointed to Ray Dalio’s warnings about US debt, which has swelled past $7 trillion in annual spending against $5 trillion in revenue.
With each household on the hook for roughly $230,000, Dalio says holding Bitcoin can act as a hedge against future money‑print risks.
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Price Action On Crosshair
Investors will be watching both price action and big‑picture events. If the price breaks above $110 500, it could attract more buyers. If inflation is higher than expected or tariffs are more severe, the odds may change quickly.
For now, Bitcoin’s story is still unfolding—and the next few days could tell us a lot about where it’s headed.
Chart from TradingView, Featured Image from Meta
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Source: www.newsbtc.com
