Cryptocurrency analyst and dealer Ali Martinez, identified on the X social media platform as @Ali_Charts, believes that Bitcoin, the world's flagship cryptocurrency, might soar far increased than its most up-to-date historical past.
Analysts have printed an X publish with a Bitcoin chart hooked up to it, displaying how BTC can attain $131,200.
“Bitcoin might march in the direction of $131,200.”
Based on Martinez, Bitcoin might proceed to rise, reaching $131,200 if it may preserve its essential assist degree fashioned at $117,400.
This conclusion is predicated on trendlines in technical evaluation for the reason that starting of July. What's extra, the two.33% progress recorded by Bitcoin at this time on July twenty second provides to the analyst story. Yesterday, BTC traded at $116,620, however now it has modified arms barely above the $119,300 degree.
Bitcoin $BTC might march in the direction of $131,200 so long as $117,400 is held in assist! pic.twitter.com/dst2ru6v02
– Ali (@Ali_Charts) July 22, 2025
SpaceX transfers Bitcoin after 3 years of holding
Immediately, the Crypto group was intrigued by the information that Elon Musk's spacecraft firm SpaceX had its first Bitcoin switch three years after retaining BTC inactive.
Based on Arkham, SpaceX made a giant on-chain transfer three years later. Immediately, at 13:09 (UTC+8), SpaceX signal handle 15OKQ7 … I7JF1G has transferred 1,308 BTC (price about $153 million) to an unsigned handle: BC1Q8K … Phartf. The final outbound switch from…
– WU Blockchain (@wublockchain) July 22, 2025
Based on the Arkham Intelligence On-Chain Information Aggregator, SpaceX forwarded 1,308 BTC price roughly $153 million, concentrating on the nameless handle “BC1Q8K … Phartf.”
The final Bitcoin switch made by Musk's SpaceX was famous on June tenth, 2022. On the time, the corporate despatched 3,505 BTC (price round $122 million on the time) to Coinbase, the most important cryptocurrency trade in the US. SpaceX presently owns 6,977 BTC, totaling about $815 million.
