34% of users on Polymarket, a leading platform for decentralized predictions, are betting that Bitcoin will reach at least $125,000 by the end of July 2024, in a historical phase marked by price records and radical regulatory shifts in the United States.
Why does the Polymarket community see the $125,000 milestone so close for Bitcoin?
According to the recent survey published on Polymarket, confidence in the next bull of Bitcoin is high: 34% of users predict that the price will reach or exceed $125,000 by July. In detail, only 11% of users go further, betting on a price above $130,000 in the same period. For levels beyond $140,000 and $150,000, expectations plummet to 3% and 1%, respectively.
These data highlight a realistic optimism: a large part of the community believes in new records but considers excessive rallies unlikely in the very short term. The growth of the share on Polymarket reflects the consolidation of mainstream interest, fueled by the legislative and geopolitical context supporting a bull trend.
What is the macro scenario: new ATH and favorable US legislation led by Trump
The current hype also stems from the macro context. Just a week ago, Bitcoin reached a new all-time high (ATH) above $123,000, breaking through resistances and shaking off the risk of a strong correction. At the same time, American politics marks a turning point: President Donald Trump has signed the “Guiding and Establishing National Innovation for U.S. Stablecoins” (GENIUS), the law that establishes the United States’ official commitment to stablecoin innovation.
During the signing event at the White House, Trump stated: “Let me say, the entire crypto community, for years you have been mocked and ignored, but this signing represents a great validation.” The Republican Party has promoted a special “crypto week”, also advancing the CLARITY Act and the Anti-CBDC Act. Despite complex parliamentary processes, this package demonstrates the legislative push in favor of adoption and regulatory clarity on cryptocurrencies in the United States.
Trump Media pushes on the bullish: over 2 billion dollars in Bitcoin reserves
To consolidate the bullish sentiment, the announcement also comes from the Trump Media and Technology Group (TMTG), the parent company of Truth Social, which has officially confirmed that it has accumulated Bitcoin reserves of over 2 billion dollars.
Devin Nunes, CEO and president of TMTG, outlined the strategic vision:
“These assets strengthen financial freedom and protect us from any banking discrimination, in addition to integrating the Truth Social ecosystem with the upcoming launch of a dedicated utility token.”
A powerful signal of strategic commitment towards Bitcoin as a central asset for the future of decentralized social and media.
What are the reactions on social platforms and in the crypto-community?
On the main crypto communities, from X (Twitter) to Telegram, analyses and charts are multiplying, following minute by minute the race towards the threshold of $125,000, between enthusiasm and alerts on possible profit-taking.
Many traders emphasize how the combination of speculative games (memecoin, airdrop) and solid political news makes this bull run to the all-time high radically different from the past. And as confidence in the upside grows, more and more users share protection strategies to avoid the risks of extreme volatility during this delicate phase.
How do the prospects for Bitcoin change after the top and Trump’s turn?
The rally towards $125,000 represents not only a psychological target but also a litmus test for the strength of Bitcoin’s fundamentals. The legislative commitment of the Trump administration, with the GENIUS law and support for the stablecoin sector, can attract new institutional investors, reducing the risks of regulatory repression that have historically penalized the crypto sector in the United States.
Trump Media’s move, furthermore, could trigger a Trump Effect on the quotations, pushing other corporates or influencers to integrate Bitcoin into their reserves.
What to expect from now until the end of July?
As long as the Bitcoin network remains stable and regulatory pressures continue to be favorable, the target of $125,000 remains within reach according to Polymarket. However, with signs of overbought conditions and a minority portion of the community ready to bet on even more extreme highs, the risk of violent swings remains real. Investors are called to maximum attention: traders now speculate minute by minute, and sudden news or authoritative tweets are enough to reverse the course.
Conclusions: impact and next moves – what to watch now
Polymarket captures a historic confidence in Bitcoin’s run towards $125,000, supported by a rare combination of legislative innovation, endorsements from major US political figures, and unprecedented corporate investments. The Republican Party’s “crypto week,” Trump’s signing of the GENIUS Act, and the $2 billion reserved by Trump Media create a scenario where the cryptocurrency stops being a financial outsider and becomes a political and strategic infrastructure.
Everything, however, can change in the coming weeks. Staying informed, monitoring forecasts on Polymarket and the movements of major investors is crucial. The future of Bitcoin is being decided now between hype, traps, and regulatory promises: following the community can make the difference between being a mere spectator and riding the wave of the new bull market.
