The crypto market pulled back over the past few weeks after a strong run in July. Still, some coins are holding their momentum. Bitcoin Hyper (HYPER) is one of them. Its presale just crossed $7 million, with around $1 million added since the beginning of August.
At the same time, Bitcoin (BTC) is showing a bullish pattern on the charts, and some analysts expect it could rally toward $150,000.
As confidence returns to the market, more investors are turning to altcoins like Bitcoin Hyper in hopes of getting bigger gains in the next bull run.
Source – TempoCrypto YouTube Channel
Bitcoin could be on the verge of another major breakout, with some analysts pointing to technical signals that suggest a rally toward $150,000 may be on the horizon in 2025.
After briefly cooling off near the $114,000 level following a new all-time high, the leading cryptocurrency remains firmly in focus.
Crypto analyst Lark Davis believes Bitcoin’s recent price action is setting the stage for another major rally. According to his analysis, Bitcoin successfully reached the $123,000 target of its 2021-2024 “cup and handle” pattern.
Source – Lark Davis
Now, a new bullish setup is forming. The combination of a smaller, newly formed “cup and handle” and an “inverse head and shoulders” pattern suggests a strong upward move is imminent.
This technical confluence, particularly when aligned with the 2.618 Fibonacci extension, points to a new price target of over $150,000 per Bitcoin.
Source – CryptoQuant
But the bullish sentiment isn’t just based on chart patterns. On-chain data also suggests a major move is on the horizon.
Retail investor activity is on the rise, with transactions under $10,000 increasing by nearly 10% in the last month. This often signals that smaller traders are re-entering the market before a significant rally.
Meanwhile, institutions are also showing strong conviction. The Bitcoin Treasury’s buy/sell ratio has hit an impressive 97%, meaning almost all institutional flows are buys rather than sells. The last time we saw numbers this high was right before the major rally in 2020.
As Bitcoin gains traction, ecosystem projects built around the Bitcoin network are attracting attention too, especially Bitcoin Hyper, a Layer 2 solution designed to bring speed, scalability, and decentralized finance (DeFi) features to the Bitcoin ecosystem.
Bitcoin Hyper aims to upgrade Bitcoin by making it faster, cheaper, and more useful in the Web3 space. It introduces a modular blockchain and a Layer 2 network that processes transactions with low fees and near-instant speed.
To use Bitcoin on this network, users swap BTC for wrapped BTC via the Canonical Bridge, which allows 1:1 conversion both ways. Bitcoin Hyper maintains Bitcoin’s strong security by using rollups and settling data on Bitcoin’s main chain (Layer 1).
To unlock Bitcoin’s full liquidity, the project uses Solana Virtual Machine (SVM) technology, enabling smart contracts, DeFi apps, NFTs, meme coins, and other Web3 tools on Bitcoin. This could help Bitcoin finally connect with the broader Web3 world.
The HYPER token powers this new ecosystem. It covers gas fees, staking rewards, governance, and special features. Developers who use HYPER also get lower fees. To bring in builders, Bitcoin Hyper will launch an SDK and API toolkit with developer rewards.
Source – Bitcoin Hyper Twitter
With growing interest and real utility, experts like Crypto June believe Bitcoin Hyper could become the best Bitcoin alternative and grow strongly this year.
The presale has already raised $7 million. Stakers can earn up to 150% APY. The token price rises in each round, so early buyers get better prices. Right now, HYPER costs $0.012525 per token.
People can buy HYPER with ETH, BNB, USDT, or even fiat money on the presale site. It’s also available in the Best Wallet app. Best Wallet is a non-custodial, multi-chain crypto wallet that doesn’t require KYC. It’s free to download on the App Store and Google Play.
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