Bitcoin Consolidates After All-Time Highs: Next Stop $135,000 Amidst Whale Activity and ETF Inflows

Driven mainly by great institutional and ETF demand, Bitcoin investment has reached unheard-of heights in July 2025. With two straight days topping $1 billion, a first for the market, U. S. -based Bitcoin spot ETFs reported a record $6. 6 billion net inflow spanning 12 days. With Bitcoin goods helping greatly, crypto funds reached a new all-time high for weekly inflows at $4. 39 billion. Institutional buying, which is driving Bitcoin values to all-time highs between $117,000 and $120,000, is mostly fueling these ongoing inflows now spanning 14 straight weeks. This sustained demand has also led to a significant fall in exchange-held Bitcoin reserves, therefore indicating strong long-term accumulation.

Along with this institutional inflow, a widespread accumulation trend is seen across all wallet sizes, from little "shrimp" to large "whales," with Glassnode's Accumulation Trend Score pointing to net network-wide purchase. Mid-July, though, also saw a substantial rise in whale-to-exchange flows, totaling $17 billion in one week, indicating certain major holders are profiting from recent price peaks. Notwithstanding this, the market continues to be generally bullish, with long-term whales and medium-sized holders aggressively accumulating, exceeding the new supply output. This dynamic shows a good demand-confidence balance among both institutional and individual investors even throughout brief price swings and redistributions.

Technical Analysis: Key Levels to Watch for BTC/USD

BTC/USD is consolidating after hitting all-time high.It trades above both short-term (34-EMA and 55-EMA) and long-term (200-EMA) moving averages on the 4-hour chart. Minor support is around $115000; breaking below this would drag the pair down to $108000/$103000/$10000/$94660/$90000. Immediate resistance is around $125000 indicates that closing above this level could lead to targets at  $130,000, or even $135,000.

Investment Strategy: Opportunities for Traders

Indicators (4-hour chart).

CCI(50)- Bearish

Directional movement index - Neutral

It is good to buy on dips around $108000 with a stop-loss set at $105000 for a TP of $135000.