Bitcoin’s True Value Is Higher Than $110,000, Expert Warns (But Who’s Counting?)

Well, well, well! Bitcoin’s price just sailed past $110,000 this week, like a billionaire on a yacht, and let’s just say, it’s causing some serious jaw-dropping around the globe! On July 3rd, it hit $110,150, then dropped just a teensy-weensy 0.41% (don’t worry, it’s not a disaster), but over the last week, it’s up 1.20%. Oh, the drama! 💸

Is Bitcoin a star or a dud? Some social media gurus are waving their arms, yelling, “This is it! Bitcoin is underpriced!” Others are holding their breath, wondering if it’s about to do the digital equivalent of tripping on a banana peel and plummeting below important levels. Hold your popcorn! 🍿

Undervalued At $110K? Yeah, Sure… Maybe. 😏

According to the folks at Altcoin Daily (who are apparently never shy with their opinions), Bitcoin at $110,000 is like finding a Gucci bag for $20. They argue there’s a ton of room for it to keep climbing. Some fans are even daydreaming about a $1,000,000 Bitcoin someday. Keep those dreams alive, folks! 🤑

Bitcoin at $110k is undervalued! [screenshot this] 💥

— Altcoin Daily (@AltcoinDaily) July 3, 2025

But wait! Not everyone’s buying the hype. Some party poopers (we’re looking at you, skeptics) are asking for solid evidence. Show me the charts, they cry! Until Bitcoin can break through that $110,500 resistance, it’s all just talk, baby.

Market trackers are whispering that global liquidity is rising. Translation: there’s a lot more cash floating around, and when cash is flowing like a river, Bitcoin just might swim up to new heights. But let’s not get too excited—traders are keeping an eye on things like futures funding rates and miner sell-pressure. Just a little bit of risk management… or a lot. 💼

Global Liquidity just hit a new ATH. 💸

Bitcoin will follow! 🚀

— Crypto Rover (@rovercrc) July 3, 2025

And of course, the internet’s buzzing like a beehive. Some crypto lovers argue that inflation and new tariffs could throw a wrench in Bitcoin’s plans. Others are holding out hope that central banks will keep kicking the can down the road, which *might* give crypto that extra kick it needs. It’s like watching a soap opera… but with numbers. 📈

Past Bull Runs… Or Just Past Hype? 🤔

Altcoin Daily also has a talent for speaking about the past like it’s the most reliable psychic in the world. Just days ago, they said that once Bitcoin hits $150,000, we’ll all be crying over missed opportunities. Sure, hindsight is 20/20, but who wouldn’t like to be sitting on that sweet $150K train right now? 🚂

Exec Calls For Hedge: The Plot Thickens

Matt Hougan, the Chief Investment Officer at Bitwise (a title that just screams trustworthiness), says now could be the perfect moment to buy. Why? Because Ray Dalio—yeah, the big investment brain—warned us about the $7 trillion U.S. debt. Each household owes about $230,000. So, naturally, Hougan suggests Bitcoin might be your financial superhero. 🦸‍♂️

Price Action: On the Edge of Glory… or Disaster? 🔥

Here’s the cliffhanger: Bitcoin could rise or crash, depending on what happens next. If it breaks that $110,500 barrier, more buyers might jump in like it’s Black Friday. But if inflation’s a buzzkill or tariffs take the wind out of its sails, things could go south faster than a greased weasel. 🦝

So stay tuned, folks! Bitcoin’s wild ride is far from over. The next few days might just reveal where it’s heading—or if it’s heading off a cliff. 😜

Read More

2025-07-06 14:13