Analysts point at a $123K Bitcoin breakout soon, bringing more eyes on Bitcoin Hyper’s ($HYPER) $16.9M presale.
Bitcoin just hit a new one-month high recently, after closing in on $118K, following the FOMC meeting on Wednesday.
The US Federal Reserve approved a 0.25% cut with an 11-to-1 vote and, most importantly, hinted at two additional cuts to come before the year’s end.
Bitcoin responded accordingly, jumping from $115,063 on Tuesday, when the anticipation started to build up, to $117,888 yesterday, following the announcement, for a 2.45% pump.
It’s now at around $116,368 which, according to experts, may be only a temporary retraction ahead of a coming bull run.
MN Fund co-founder and investment manager Michaël van de Poppe believes Bitcoin is currently testing its resistance zone, likely around $119K. A breakout, followed by a stabilization phase, would not only build momentum for a $123K run, but bring Bitcoin Hyper into the spotlight as well.
As Bitcoin’s coming Layer-2, Bitcoin Hyper ($HYPER) promises faster and cheaper Bitcoin transactions, pushing the network to Solana-grade performance.
Q4’s Bitcoin Looks Bullish
Bitcoin looks extremely bullish for 2025’s Q4 – and it all rests on long investors.
According to JDK Analysis, Bitcoin’s sideways price movement is a symptom of long positions bubbling beneath the surface and keeping the coin floating close to the golden zone.
Despite the short-lived response to the rate cuts, Bitcoin experienced only a minor retraction, putting the coin above its pre-FOMC levels. This hints at continuous support from a bullish market, despite the Fear and Greed Index falling into neutral territory over the past week.
Analyst Ali Martinez sees this small contraction going as low as $112K, followed shortly by a massive pump to $130K or higher. This prediction revolves around the support level at $115,440, as he highlighted in another X post.
If Bitcoin loses the grip on this support level, it could dip to $93.6K, says Martinez. On the other hand, successful resistance should take $BTC to $137.3K.
Beyond the short-lived trading games, though, Bitcoin’s potential lies in investors’ trust in its future – and Strategy is the main catalyst behind its success.
With a treasury of 638,985 $BTC, valued at $74B+, Michael Saylor’s company is already the largest Bitcoin holder in the world, inspiring others to join the movement and solidify Bitcoin as the foundation of the new decentralized global economy.
Bitcoin Hyper ($HYPER) will undoubtedly participate in that movement by making Bitcoin more feasible for institutional and retail investors alike.
Bitcoin Hyper Changes How Bitcoin Works
Bitcoin Hyper ($HYPER) promises faster and cheaper Bitcoin transactions, eliminating the fee-based priority system and making the Bitcoin network more feasible for both institutional and retail investors.
Hyper is the long-awaited solution to one of Bitcoin’s core problems: the network’s performance being capped at seven transactions per second (TPS).
By comparison, Solana has a theoretical max TPS of 65K, which ranks it second in the world on the list of the fastest blockchains. Bitcoin places at a dismal 25th spot.
Hyper relies on advanced tools – like the Solana Virtual Machine (SVM), which enables the ultra-fast execution of DeFi apps and smart contracts, and a Canonical Bridge – to circumvent that problem.
The Canonical Bridge will work by minting your $BTC onto the Hyper Layer-2 as wrapped $BTC, once the Bitcoin Relay Program has confirmed the transactions’ details.
The resulting wrapped Bitcoins will then be available for use on the Hyper layer, and you will be able to withdraw them to the native Bitcoin Layer-1 whenever necessary.
Together with SVM, the Canonical Bridge will bring down confirmation times from hours to seconds, eliminate network congestion, and remove the fee-based priority system, which prioritizes bigger transactions to the detriment of the smaller ones.
Because of Bitcoin’s performance cap of seven TPS, the priority system has led to smaller transactions often experiencing confirmation times of hours.
Hyper will solve that by giving you a faster, cheaper, more responsive, and upgraded Bitcoin network, which could push Bitcoin further into the institutional sphere in 2026.
The Bitcoin Hyper presale has raised an impressive $16.9M so far and it’s growing fast, thanks to the increased investor confidence and the strong utility that the project offers. Whales are also being drawn to this new project, with August alone marking standout buys of $161.3K and $100.6K.
If you want to secure your $HYPER before the public launch, now’s the perfect time. The token is currently available at a presale price of $0.012945 and you can stake it for 68% APY.
Bear in mind, though, that presale prices go up in stages, while the APY drops as more holders stake their tokens. The next price increase is due in about 36 hours, so the clock is ticking if you want to secure your $HYPER at its current early-bird price.
Ready to invest in one of the best cryptos to buy today? Join the $HYPER presale now.
This isn’t financial advice. Always do your own research and invest wisely.
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
Source: https://coindoo.com/bitcoin-123k-breakout-soon-as-bitcoin-hyper-could-be-best-crypto-to-buy/