Smart Crypto Investing: Bitcoin, Altcoins & Trading Strategies podcast.
Hey friends, Crypto Willy here, your next-door blockchain buddy, breaking down this week’s wild ride in the world of smart crypto investing.
Let’s kick it off with **Bitcoin**, the king of crypto. This week, Bitcoin smashed through yet another all-time high, hitting $118,339 and clocking an 8% gain over just seven days. That rocket fuel? Massive inflows into U.S. spot Bitcoin ETFs—over $1.18 billion in a single day, with big names like BlackRock and Fidelity leading the charge. And it’s not just ETFs making waves—Donald Trump signed an executive order launching a U.S. Strategic Bitcoin Reserve, giving BTC a boost over traditional central bank digital currencies. The current vibe on the street is bullish, with institutional demand through the roof. The Fear & Greed Index cooled to a neutral 58, showing some caution from retail investors after this epic rally, but the pros are still stacking sats.
On the charts, Bitcoin is breaking above all its key moving averages—the 20-, 50-, 100- and 200-day lines—which tells us this bull run’s got solid legs. Analysts like those over at CoinDCX see a path to $125,000 by mid-July if this momentum keeps up, and the crowd at Finder is even more optimistic, pegging year-end targets near $145,000. There’s talk from Hashdex that Bitcoin could be chasing $140,000 before 2025 wraps up, and PlanB—yep, the stock-to-flow legend—reminded everyone we’re still on a multi-year path to $200,000 and beyond.
Now, **altcoins** are no slouches this week either. **Ethereum** saw whales gobble up $358 million and surged 8% higher, crossing the $2,800 mark. All eyes are on Ethereum’s staking ecosystem and the long-awaited spot ETF rumors, which are driving both prices and volume. **XRP** is back in the headlines too, jumping above $2.50 on optimism around a potential SEC settlement and maybe even a technical breakout. The entire crypto market cap swelled over 5% in a single day, hitting $3.65 trillion. Trading volume exploded as short sellers got liquidated for $570 million—talk about a short squeeze!
In **trading strategy land**, trend-followers are lighting up the boards. Momentum trading is hot, as Bitcoin’s daily closes above resistance levels like $113,500 are triggering buy signals. For the cautious, trailing stop-losses just below the $112,000 support level are a smart play, locking in gains without getting caught in a flash crash. Meanwhile, swing traders are eyeballing Ethereum and XRP for breakout plays as technicals align with juicy headlines.
Looking ahead, regulators are about to take the stage—“Crypto Week” in the U.S. Congress kicks off July 14, and everyone’s waiting to see what new rules will drop for stablecoins, DeFi, and digital asset taxation. That could shake things up, but for now, the bulls are firmly in control.
Thanks for tuning in to your weekly dose of digital asset action. This has been Crypto Willy, and you’ve just heard a Quiet Please production. For more, check out QuietPlease.ai and swing by next week—because in crypto, every week is a wild one!
Get the best deals
https://amzn.to/3ODvOta