{"content":"Bitcoin Back in Profit—Greed Takes Over, But the $250K Dream Lives On! Bitcoin hit a record $122,838 on July 14, but has since consolidated around $118,000. Despite the recent break in upward momentum, market sentiment remains positive. Bitcoin remains at 68 on Coinmarketcap's Fear & Greed Index. This emotional and technical analysis of the Logarithmic Growth Curve (LGC) indicate that Bitcoin will continue to rise. Bitcoin has spent much of the previous 48 hours over $118,000 following profit-taking at $122,838. On-chain data provides an intriguing look into Bitcoin investors. While in the green, the 66% rating shows bullish sentiment may expand before the market reaches a euphoric blow-off phase. This indicator suggests that Bitcoin will maintain its rise if it consolidates and pushes higher without severe greed levels between 75% and 80%. As stated, Bitcoin's breach over $120,000 and high sparked profit-taking. The trend saw Bitcoin momentarily decline below $116,000 before settling around $118,000. As it achieved this price top, Bitcoin re-entered the first band of the Logarithmic Growth Curve (LGC) resistance zone, according to weekly candlestick analysis. In all Bitcoin bull markets, this light pink band has been the profit-taking area. Bitcoin briefly reached this range between December 2024 and January 2025 before being rejected, similar to January 2021's initial high in the previous bull cycle. This signal suggests Bitcoin is entering a last build-up phase. On TradingView, crypto expert TradingShot predicted the cycle's peak between October and November 2025. The timing and severity of variables like September US rate cuts might put Bitcoin's high between $140,000 and $250,000. #BTC #ETHBreaks3700 #CryptoMarket4T #AltcoinBreakout #PowellVsTrump $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/20/e2cfce168b1b4ea7a49bc5d0a4200d91.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}