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As Bitcoin gears up for a new all-time high, the cryptocurrency space is buzzing with speculation about the potential Bitcoin price prediction. Investors are not just excited about Bitcoin; they are keen to explore which altcoins might follow suit in this bullish market.
Recently, Bitcoin (BTC) experienced a breakout, soaring near its previous swing high—an all-time high. Over the past week, BTC has recorded an impressive 6.65% increase, fuelling substantial bullish momentum throughout the crypto market.
Image Courtesy: TradingView
Despite this impressive surge, Bitcoin has faced stiff competition from major altcoins, particularly Ethereum. Many analysts are signaling the onset of an altcoin season, especially given the sharp decline in Bitcoin dominance. BTC dominance has dipped below the critical 60% threshold for the first time in six months, indicating a broader market rotation.
Moreover, the CMC Altcoin Season Index currently sits at 36—right below the threshold yet poised for a potential broad rotation. This scenario hints at a shift, where capital flows into promising altcoins that are positioned to deliver significant returns.
As the market evolves, savvy investors are on the lookout for undervalued and early-stage crypto assets. One notable contender priced under $1 is Bitcoin Hyper (HYPER). This coin is generating substantial buzz due to its innovative layer-2 infrastructure built on Bitcoin.
Bitcoin Technicals Signal Breakout Toward $130K
Amid the fluctuations in BTC dominance, the overall price action of Bitcoin remains optimistic. On the daily chart, BTC has revisited its previous high of around $123,000 established on July 14th, following a sharp rally from the $112,000 support level. This movement is underscored by a long-term 50-day Simple Moving Average (SMA) nearby, at approximately $113,157, an area recognized as institutional support.
However, given the recent steep rally towards the previous high, Bitcoin may undergo a consolidation period before initiating the next leg towards a new all-time high. According to Fibonacci extension analysis, resistance may be encountered at the uncharted $125,000 level, whereas $115,000 could serve as a vital support point on the downside.
$BTCUSD $BTC Bitcoin – Volume Shelf Launch Area
Price Target: $131k
Bitcoin continues to consolidate and is at the volume shelf, a potential launch area.
Next price target is $131k a the Golden Ratio.$IBIT pic.twitter.com/MjqVKkTe2T
— Donald Dean (@donaldjdean) August 8, 2025
Prominent economist Donald Dean recently shared insights regarding the Bitcoin price prediction. He identified a “volume shelf” area around the $118,000 price level, noting that Bitcoin has broken out from zones with significant trading activity. He also pointed out that the golden ratio Fibonacci extension near $131,000 could serve as the next target, suggesting a possible 8.5% upside from current prices.
While Bitcoin remains at the forefront, numerous smaller tokens are primed for explosive growth. This season focuses on altcoins that showcase infrastructure innovation, positioning them as potential frontrunners in this bull cycle.
Bitcoin Hyper (HYPER): A New DeFi Economy on Bitcoin’s $2 Trillion Capital
Bitcoin Hyper is set to launch the first layer-2 ecosystem on Bitcoin, facilitating the development of memes, DeFi tokens, and NFT assets directly on crypto’s most secure chain without the need to route through alternative ecosystems.
This layer-2 solution aims to address Bitcoin’s inherent challenges like slow transaction speeds and high costs. By leveraging BTC’s security, Bitcoin Hyper offers a throughput that meets today’s trader and developer needs.
Utilizing innovative technologies such as ZK-rollups and Solana Virtual Machine tools, Bitcoin Hyper promises a tech stack that is not only secure but also remarkably fast. Every transaction is verified using cryptographic proofs before submitting it to Bitcoin’s layer-1 for final confirmation. This structural design enhances both security and scalability, paving the way for new opportunities.
With Bitcoin Hyper, the merging of Solana’s speed and scalability with Bitcoin’s tremendous liquidity is anticipated to create a new sector worth billions.
With over $8 million raised, both seasoned investors and newcomers are flocking to Bitcoin Hyper, eager to capitalize on what they believe could be a groundbreaking launch. Once the DEX listing goes live, the market will dictate the token’s value. With a locked supply, early partnerships, and Bitcoin’s bullish momentum, the potential for significant price appreciation is on the horizon.
Given the rapid pace at which the Bitcoin Hyper presale is progressing and the dwindling supply of tokens, this opportunity presents a thrilling prospect for those willing to take the plunge into the world of cryptocurrency.
