📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
#BTC Market Analysis#
Bitcoin is consolidating again holding steady in a tight range after weeks of volatility.
According to Galaxy’s latest research, BTC could reach as high as $159,000 by the end of this year. That’s not just a bold prediction it’s a reflection of growing institutional confidence, ETF flows, and broader macro trends favoring digital assets.
But does consolidation mean weakness? Not necessarily. Historically, Bitcoin has gone through long phases of sideways movement before explosive price action. This calm period could simply be the market recharging.
Galaxy’s thesis is based on increasing capital inflow through regulated channels, rising adoption across developing economies, and the maturing perception of Bitcoin as a macro hedge. If those factors hold and if demand continues to outweigh sell pressure their target might not be far off.
However, no projection is guaranteed. Bitcoin has always surprised both on the upside and downside. What matters is understanding the bigger picture regulation, supply-side dynamics, and institutional behavior.
We may not know exactly when it will move but this level of consolidation, combined with a positive outlook from major research firms, could be a signal to stay alert.
Do you think Galaxy's prediction is realistic? Or is the market pricing in too much optimism?
Share your thoughts below. Let’s talk.