Investors participating in decentralized platforms are actively wagering on the future trajectory of Bitcoin this month. A recent survey conducted by Polymarket indicates that approximately 36% of participants believe Bitcoin will surpass the $125,000 mark by July 31.
Conversely, only 11% anticipate it reaching $130,000, while a mere 3% and 1% predict Bitcoin will hit $140,000 and $150,000, respectively. On a recent Tuesday morning, Bitcoin was trading around $118,327, slightly below its previous all-time high of $123,000 achieved last week.
Insights from Polymarket’s Predictions
The findings from Polymarket reveal that a significant concentration of bets is directed toward the $125,000 threshold. This figure is approximately 6% higher than current trading levels, a gap that many traders consider viable given recent market fluctuations.
Smaller fractions of respondents are more optimistic, with only 11% betting on $130,000. The enthusiasm takes a noticeable dip for higher targets, with just 3% endorsing $140,000 and a mere 1% for $150,000.
This survey demonstrates a tempered sense of optimism among traders. While many are hopeful for a positive outcome, few are anticipating a drastic surge beyond past highs.
Market trends bolster this cautious outlook. After a steady increase since mid-2023, Bitcoin’s price has spent significant time in July testing key resistance levels around $120,000.
Should it break past $125,000, it would establish a new milestone. However, if bearish sentiment prevails, a correction back to $110,000 may be on the horizon.
Investing Heavily in Bitcoin
On July 21, Trump Media & Technology Group Corp. announced it has amassed over $2 billion in Bitcoin holdings, representing a significant share of its total cash reserves, which amount to approximately $3 billion.
CEO Devin Nunes emphasized that this strategic decision secures “financial freedom” for the entity, aligning with the planned launch of a utility token for its Truth Social platform.
Such substantial acquisitions often reverberate throughout the cryptocurrency market, garnering media attention and often stirring upward momentum in prices. They also inspire other companies and investment funds to consider entering the crypto space.
I just signed the landmark legislation passed today by House Republicans to strengthen American crypto innovation.
The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act deliver on President Trump’s vision to make crypto a core pillar of the U.S. economy and ensure… pic.twitter.com/rnJgq3KaV2
— Speaker Mike Johnson (@SpeakerJohnson) July 17, 2025
New US Stablecoin Regulations Take Focus
A week prior, U.S. President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law.
This legislation outlines explicit regulations for stablecoins tied to the U.S. dollar, stipulating that they must be fully backed by either cash or Treasuries, with mandatory reserve audits and customer identification protocols.
Trump referred to the legislation as a “major validation” for the crypto sector, while House leaders continue to push forward with other related bills, such as the CLARITY Act and the Anti-CBDC Act.
These initiatives reflect a growing legislative interest in establishing clearer guidelines around stablecoins. Increased regulatory clarity could boost market confidence, positively influencing sentiment for Bitcoin and the broader cryptocurrency landscape.
Featured image from Meta, chart from TradingView
