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Bitcoin price prediction dipped below the $116,000 mark on Friday, triggering renewed market caution and pushing traders to reassess short-term forecasts. This unexpected move follows a week of intense whale activity, macroeconomic anxiety, and growing attention on upcoming crypto regulations, all of which are shaping today’s Bitcoin price prediction outlook.
At the time of writing, Bitcoin is trading at $115,555.4, down 1.8% on the day. The drop comes just days after BTC briefly touched $123,100 on July 14, a new all-time high that many believed would spark continued upside.
But instead, the rally lost steam, and the chart now shows a sharp retracement, with over $3 billion in short positions at risk of liquidation around the $119,500 level. While some traders remain hopeful for a rebound, others are rotating into early-stage projects like Bitcoin Hyper, which is gaining traction as a potential breakout altcoin.
Whale Activity and Fed Fears Drive Market Caution
Much of the downward pressure has been tied to large wallet movements. According to Arkham Intel, Galaxy Digital transferred 3,420 BTC (worth nearly $395 million) to various exchanges in just 20 minutes. Another 250 BTC were sent to an unknown wallet, further stoking fears of strategic profit-taking.
Traders are also bracing for the upcoming U.S. Federal Reserve policy meeting on July 30. While rate hikes are unlikely, markets are watching closely for any signals on crypto regulation or future monetary tightening. The same day, the White House is expected to release a long-awaited crypto policy report, which will address how the U.S. government might manage its Bitcoin holdings.
Together, these events have made traders wary, and shifted the focus of some investors away from legacy assets like Bitcoin and toward smaller, high-upside opportunities.
Traders Remain Divided on Bitcoin’s Next Move
Despite the pullback, sentiment indicators are still leaning bullish. The Crypto Fear & Greed Index recorded a “Greed” score of 70 in its latest update. Technical analysts are split, however. Twitter user @cantonmeow noted a breakdown in Bitcoin’s 8-hour Bollinger band, but warned that similar moves have turned out to be “fake outs” in past bull trends.
#Bitcoin 8 hour Bollinger band nasty breakdown
However, similar breakdowns on this higher time frame bull trend was the fake out pic.twitter.com/JDQQXaFau9— Cantonese Cat 🐱🐈 (@cantonmeow) July 25, 2025
Meanwhile, Bitfinex analysts said in a recent report that if BTC’s uptrend resumes, the next key resistance lies near $136,000, a potential 17% surge from current levels.
At the same time, many traders are hedging against volatility, shifting capital into promising early-stage altcoins, one of the biggest beneficiaries being Bitcoin Hyper.
Bitcoin Hyper Gains Steam as Altcoin Season Builds
As uncertainty grows around Bitcoin’s short-term direction, investor interest is moving toward adjacent, lower-cost opportunities with outsized return potential. One of the standout tokens in this wave is Bitcoin Hyper, a new project that’s rapidly gaining momentum.
Bitcoin Hyper is a Layer-2 project built on top of the Bitcoin ecosystem, aiming to offer faster, cheaper, and more scalable utility. It supports use cases such as payments, meme coins, DApps, and even native staking, all powered by its native token, $HYPER.
The presale has already raised over $4.6 million, with tokens currently priced under $0.01. The low entry point and strong narrative, building on Bitcoin’s legacy while introducing real utility, have helped the token capture attention across social media and influencer circles.
Could $HYPER Be August’s Top Altcoin?
As Bitcoin price predictions remain shaky, Bitcoin Hyper is being viewed by many as a viable play heading into August. Analysts say that early developer activity, strong branding, and a real Layer-2 infrastructure story are what make it stand out from other meme-fueled projects.
Some traders even suggest that $HYPER could mirror the early performance of tokens like MATIC and ARB, which surged after their ecosystem utility became clear.
The latest dip in Bitcoin’s price has forced a recalibration of short-term expectations. While bulls still see potential for a push to $136,000, macro fears and whale transfers have created enough uncertainty to open the door for alternatives.
For now, the Bitcoin price prediction is walking a tightrope between bullish hopes and bearish caution. But one thing is clear, altcoins like Bitcoin Hyper are seizing the moment.
With its presale momentum, technical foundation, and rising social interest, $HYPER may be the project to watch as traders seek the next breakout star.
