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Is this the top? Many investors are asking this question as Bitcoin has corrected 9% from its recent all-time high of $123,231. However, a strong bounce from the institutional zone – 50 simple moving average (SMA), has renewed bullish momentum in the crypto market.
The leading cryptocurrency has been experiencing profit-taking since mid-July. It is currently trading at $114,368 with a drop of nearly 4% in the last seven days.
Image Courtesy: TradingView
On Sunday, the Bitcoin price fell to $112,000 psychological support level, combined with the 50 SMA, and saw a sharp bounce of around 1.5% intraday. This bounce is highly influential because the 50-SMA is considered a key support level by traders and institutional investors.
Many experts consider this correction a healthy pullback from the previous trend. In an X (formerly Twitter) post, Private wealth firm Swissblock posted that BTC has retested the previous $112K ATH zone after a pullback and informed investors of a shift.
But while Bitcoin price predictions take the center stage, one emerging layer-2 player is capitalizing on BTC’s momentum, and experts say it could outperform Bitcoin’s gains. That token is Bitcoin Hyper (HYPER), a rising L-2 altcoin with real-world applications and nearly 7 million raised already.
Institutions Are Buying Crypto “Quietly”: Can $150,000 Bitcoin Price Prediction Come True In Q3?
In a recent interview, Tom Lee, chairman of Ethereum treasury firm Bitmine Immersion (BMNR) said that investors not believing in the current rally is the reason it will go much higher. Lee said Fed rate cuts in the coming months could send BTC surging toward $250,000.
🔥BULLISH: Tom Lee doubles down on his $250,000 #Bitcoin prediction for 2025.
Sentiment’s shaky, but bulls aren’t backing down! pic.twitter.com/QjmBad3vSj
— The Crypto Times (@CryptoTimes_io) August 2, 2025
In the interview, he also said, “We’re not at the top, we’re just mid-cycle.” This powerful remark answers many questions for investors and shows that institutions are highly confident in a higher Bitcoin price prediction.
Amid strong investor interest, Bitcoin proxy assets like Bitcoin Hyper are riding the momentum, fueled by unique infrastructure solving BTC’s institutional capabilities, real-world use cases, and rising retail interest. This project, in particular, is positioning itself as a standout project tied to the Bitcoin ecosystem.
Bitcoin Hyper (HYPER): Highly Scalable Bitcoin Layer-2
Bitcoin Hyper is a Bitcoin Layer-2 that is silently but quickly building a new and improved Bitcoin ecosystem for the new era of crypto. Bitcoin has long been known for security and robustness, but the network struggles to compete with other blockchains in matters of speed and programmability.
The Bitcoin Hyper project is bringing unmatched scalability and smart contract integrations, transforming the entire architecture of Bitcoin without affecting its security. The platform uses a layer-2 Virtual Machine for scaling transactions. Bitcoin has a seven transactions per second cap on its throughput, which impedes high-volume transactions and affects adoption for high-frequency use cases.
The layer-2 platform changes this by allowing transfers to be executed in a virtual layer and then settling the transactions on Bitcoin. This significantly improves throughput, reduces cost, and prevents network congestion, bringing Solana-like efficiency.
Key features that set Bitcoin Hyper apart:
- Easy early entry in presale to accumulate significant returns.
- User-friendly dashboard and wallet for easy web and app navigation.
- Up to 156% annual percentage yields on staking $HYPER.
- Developers can receive funding and rewards for using $HYPER in smart contracts.
Bitcoin Hyper has also integrated the Solana Virtual Machine to streamline smart contract execution, creating an ideal environment for decentralized applications. This helps developers make lightning-fast smart contracts and build innovative dApps on top of the Bitcoin ecosystem.
To access the ecosystem, users can drop $BTC into the canonical bridge and, in return, get an equivalent amount of wrapped BTC, which can be used in staking, trading, or dApps. The $HYPER token is currently selling for $0.012525 in the presale. The price increases every 3 days as a new stage arrives, positioning early investors for a massive return by the end of the presale.
