A crypto expert on social media platform X has come forward with an interesting outlook for the Bitcoin price, stating that the market leader could be gearing up for its next explosive move. However, the on-chain analyst added that a certain condition must be met for BTC to resume its uptrend.

A Break Above $118,000 Could Precede Price Explosion: Analyst

In a September 13 post on X, Alphractal founder and CEO Joao Wedson revealed that the price of Bitcoin could be preparing for an extended rally over the next few weeks. The on-chain data expert shared that the premier cryptocurrency will need a convincing break above the $118,000 level to confirm the resumption of the bull run.

Wedson noted in his post that $117,000 is actually the price mark to watch out for, as it represents a zone of strong interest and indecision. Specifically, two on-chain indicators—the CVDD Channel and the Fibonacci-Adjusted Market Mean Price—have designated this price level as a point where the market is likely to slow down or form a local top.

According to analytics platform Alphractal, the CVDD Channel is a metric that estimates historical price floors and risk zones based on the coin destruction data and Fibonacci envelopes. Meanwhile, the Fibonacci-Adjusted Market Mean Price combines the market mean price with Fibonacci bands to identify structural expansion and value zones.

Wedson highlighted that both the CVDD Channel and the Fibonacci-Adjusted Market Mean Price have revealed “eerily accurate levels” of support and resistance throughout Bitcoin’s price history. Currently, these metrics are pointing to $117,000 as a level that could provide resistance to the upward movement of the Bitcoin price.

In the end, Wedson concluded that this zone could be critical to the market leader’s next move to the upside. However, the Alphractal founder advised Bitcoin investors to wait for a clear, sustained breakout above $118,000 to confirm that bullish momentum is back.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $115,905, reflecting no significant change in the past 24 hours.

Crypto Market saw another tense session on Wednesday. After a brief dump of Bitcoin to $115,000, it recovered after a few hours to return to its $118K support level. Traders are looking closely as BTC holds this level in their teeth despite the rising macro pressure. The broader market has shown fatigue, but the current problem is: What is the best cipher to buy in this environment?

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The Federal Reserve announced Wednesday that it would not cut interest rates in July and remained stable between 4.15% and 4.25%. The decision came amidst rising tariffs amidst rising public pressure from the Trump administration, which has called for a 0.25% interest rate cut to protect economic growth. Federal Reserve Chairman Jerome Powell has pushed back, citing inflation risks and economic uncertainty caused by Trump’s tariff plans.

.@federalReservv Chair Jerome Powell: “Today, the Federal Open Market Committee has decided not to change our policy rates.” pic.twitter.com/fnlmx3nomn

– cspan (@cspan) July 30, 2025

Explore: Best New Cryptocurrencies to Invest in 2025

Bonk and useless: Still the best code to buy in a tired market?

Meme Coin Bonk lost key support at $0.0000328 just days ago, retesting its low level at around $0.000026, down more than 20%. But it’s now bouncing off and traded nearly $0.0000287. If they get back $0.0000328, the Bulls could be in charge. Essentially, Bonk’s growing ecosystem gives it an edge. The unique Launchpad, Letbonk has beaten Pump.fun in just a few weeks. Over 80% of graduated meme tokens are now born on Bonk’s Launchpad.

Is another name bouncing off? A useless coin. It’s back on the radar after a 38% drop from the $408 million ATH. Coins – half satire, half meme fuel – are accepted to the extent that they are looking for the next chat. Let’s be honest: If Fartcoin reaches $2.6 billion, why is it useless? It unfolds directly into a raw, sarcasmy and unfriendly meme meta. Staking, no claims, just pure community-driven confusion. For some, that’s the point.

As Ethereum gathers, 47% NFT sales surges in July – Is Opsy Airdrop behind the spikes?

by Fatima

NFT sales skyrocketed to $583 million, marking the second highest monthly total for 2025. This represents a 47.6% jump from $388.9 million in June due to rising ETH prices and a shift to high value assets. The Ethereum-based collection led the fees, accounting for a volume of $275.6 million, up 56% per month.

The number of transactions fell 9%, but the average selling price rose to a high of $113 in six months as buyers consolidated around premium NFTs. Some communities speculate that the surge could be linked to expectations for future open-sea airdrops. Opensea CMO Adam Hollander recently suggested that past activities and user profiles (such as OGS vs. Newcomers) could take distribution into account.

Meanwhile, platforms like Blur and Tookrare continue to lose ground, with the NFT lending market cratering 97% from its 2024 high. Despite the lack of buyers, the NFT’s market capitalization is at $8 billion, so bullish sentiment remains strong.

Sharplink purchased 11,259 ETH for $43 million and currently owns $17.3 billion

by Fatima

According to on-chain tracker Lookonchain, Sharplink (@sharplinkgaming) spent 43.09 million USDC and bought 11,259 ETH for an average price of $3,828.

This brings Sharplink’s total Ethereum holdings of 449,276 ETH, currently at around $1.73 billion. A considerable amount of purchase highlights the growing institutional trust in Ethereum as ETH approaches major resistance.

With this move, Sharplink has strengthened its position as one of the largest ETH owners and continues its strategic accumulation trend amid wider market volatility. LookonChain flagged the deal this week as part of a larger pattern of whales’ activity.

What’s next for Quant (QNT) Crypto? 10% down in one week

by Fatima

Quant (QNT) Crypto has dropped by more than 10% over the past seven days. The month has begun, and I have been 103 to 134 years old. This produced more than 30% of the pumps after introducing Quant Fusion, the first ever 2.5-layer.

Currently, the entire movement has been almost wiped out, with the coin currently at 118 and its market capitalization exceeding 1.7b.

Neutral Technical: Can I shift?

Read the entire article here

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On July 10–11, 2025, Bitcoin surged past its previous highs to reach a new all-time-high – $118,403.89 in the early hours of July 11, 2025.

That price marks a monumental shift in the crypto landscape. What began as a modest breakout above $112,000 in early July has quickly turned into a rally with deep roots – both structural and speculative.

Good fundamentals and a general bullish outlook could send Bitcoin even higher. And as Bitcoin rises, key altcoins and meme coins – including Snorter Token ($SNORT) – could be poised to take off.

Here’s what it all means for Bitcoin and for investors considering what happens next.

Institutional Investor Momentum Is Unmistakable

BlackRock’s spot‑Bitcoin ETF, $IBIT, now totals over $79B, tripling in less than a year. That’s a feat that took the largest gold ETF over a decade to accomplish. And $IBIT isn’t the only Bitcoin ETF to have a good day; spot Bitcoin ETFs saw a whopping $1.18B in net inflows yesterday.

With the rise in Bitcoin’s price, and the growth of ETFs, $IBIT in particular is blazing new territory, entering the top tier of spot ETFs.

The flood of capital into ETFs, combined with low exchange inflows (~3,200 BTC per day, levels unseen since 2015), suggests long-term bullish sentiment and limited spot selling pressure.

Macroeconomic trends further strengthen BTC’s case. The recent passage of the U.S. $3.3T ‘Big Beautiful Bill’ expanded fiscal deficit expectations by $410B, encouraging investors toward Bitcoin as a hedge against inflation and fiat weakness .

On top of this, hopes for a Federal Reserve rate cut – possibly in September – have added fuel to the rally.

Regulatory tailwinds, including stablecoin legislation and crypto‑friendly governance, are reshaping investor confidence.

From Institutional Confidence to Corporate and Retail Adoption

Corporations have joined the fray, accumulating $BTC as reserve assets. Notable firms with Bitcoin reserves include:

• MicroStrategy
• GameStop
• Tesla
• South Korea’s K Wave Media

The crypto ecosystem as a whole is rallying. Altcoins like Ethereum (+8.3%), Solana (+3.96%), XRP (+5.7%), and Dogecoin (+9%) are experiencing renewed investor interest.

That interest is supported on the retail side by growing consumer adoption. A recent report from Jan Wüstenfeld’s Bit of Bitcoin Research (Issue #13) shows a number of growing adoption points:

• 48M Americans (18.6% of adults) own Bitcoin
• 11M Americans (4.21%) keep Bitcoin in self-custody
• Bitcoin owners are younger, more likely to be men, and increasingly non-white.
• Bitcoin owners cover the whole spectrum politically, with only a slight rightward shift; not as politicized as is often portrayed.

Technical support currently sits around $113K, with resistance at $120K and $128.5K. And Bitcoin isn’t out of the woods – historical volatility and its correlation with traditional markets mean adverse macro events, like tariff wars or market downturns, could trigger price pullbacks.

In the meantime, it’s full steam ahead, with the top 15 non-stablecoin cryptos showing green across the board.

It’s a rising tide, and all the boats are going up. For projects like Snorter Token ($SNORT), it’s the perfect example of perfect timing.

Snorter Token ($SNORT) – As Bitcoin Rises, Find Hidden Meme Coin Gems With Snorter Bot

Meme coins are funny things; thousands are created every day, with countless opportunities for major gains. But the average investor will never see those chances, with many meme coins appearing (and disappearing) on platforms like Telegram.

Investors with the Snorter Token ($SNORT) are a different story. With the Snorter Bot, they can sniff out the best meme coin opportunities, turning hidden gems into potential gold mines. That’s because Snorter is a custom-built meme coin trading bot, designed to find low-cap Solana meme coins trading on Telegram.

With $SNORT, investors gain early access to new tokens and the best meme coins, finding hidden opportunities before other traders know they’re there. $SNORT provides low trading fees on the Solana blockchain, lightning-fast execution times, and front-running and MEV protection.

The Snorter Bot itself provides an advanced trading utility:

• Fast, secure swaps
• Automated sniping
• Rugpull and honeypot protection
• Copy trading
• Limit orders

The $SNORT presale is gaining steam, with $1.7M raised to date. Investors can snap up $SNORT tokens for only $0.0979 if they act now – learn how to buy Snorter Token in our guide.

Visit the Snorter Token ($SNORT) presale page.

A Bitcoin Bull Run Bodes Well for Meme Coins

Bitcoin’s climb to the $118K+ range isn’t driven by speculation alone. It reflects deep institutional adoption, macro trends favoring scarce digital assets, and growing corporate treasury use.

As a result, the number of retail investors is growing, pushing altcoins and memecoins, as well as meme coins, ever higher.

As always, do your own research – this isn’t financial advice.

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