It has happened. Bitcoin is in the driver’s seat again with a fresh all-time high of $124,553. 

After a consolidation of nearly a month, Bitcoin has delivered an impressive rally, surging 7.60% in the past 7 days. With strong backing from institutions and the US president, who has fully embraced crypto, Bitcoin’s price has surged past $124K for the first time.

Image Courtesy: TradingView

Also, the massive inflows in Bitcoin ETFs have contributed to bullish momentum in BTC and have driven an impressive rally in the broader crypto market. 

But, bulls are not done yet. Bitcoin has experienced profit-taking near the all-time high, but just a temporary correction. This has given investors an opportunity to find the best crypto to buy now, and crypto ICOs are the strongest contenders. 

Bitcoin Eyes $130,000 As Positive Momentum Builds Up

While it may face short-term volatility, the long-term bullish momentum in the Bitcoin price is still intact. 

BTC’s market cap has jumped to $2.46 trillion, and has remained the 5th most valuable asset in the world. In the last 24 hours, its trading volume has surged nearly 31% and currently sits at $95 billion. 

In the Hourly chart, the Bitcoin price has faced rejection just above the breakout level. It is currently moving in an ascending channel pattern, and this rejection came from the upper trend line of the channel pattern. The lower trendline of the pattern will be a strong support near the $120,500 level. 

The reason Bitcoin has been able to surge strongly is because of institutional inflows, both in spot and ETF instruments. The US Bitcoin ETFs have endured a six-day positive inflow streak totaling $1.1 billion. 

Additionally, President Donald Trump’s decision to allow 401(k) pension funds to invest in digital assets has unlocked $9 trillion for the crypto market, marking a pivotal moment.

Prominent technical analyst Ali Martinez believes that Bitcoin could surge towards $130,000 on condition that it holds $110,000 support level. BTC is already way above this support level, and the current trading structure reflects that it could soon see strong buying towards the target. 

Bitcoin $BTC could surge toward $130,000 as long as the $110,000 support holds, according to the MVRV Pricing Bands. pic.twitter.com/dJDnCfaRA2

— Ali (@ali_charts) July 26, 2025

As Bitcoin prepares for a new bull rally, the best crypto presales based on the Bitcoin ecosystem, like Bitcoin Hyper (HYPER) and established coins like Cardano (ADA) and Shiba Inu (SHIB), could offer high upside potential.

Bitcoin Hyper (HYPER): Expert Says This Is The Best Bet On Bitcoin Ecosystem

While Bitcoin takes the spotlight, Bitcoin Hyper (HYPER), a Layer 2 blockchain, is solving its core issues: its high fees, slow speeds, and lack of advanced functionality.

Bitcoin does some things extremely well. It’s the largest crypto by market cap, leading the charge for institutional adoption, and now sits as the world’s 5th largest asset. Plus, its design gives it the best security around, making it arguably the best store of value in crypto.

But the very mechanisms that deliver this institution-friendly security cripple BTC in other ways: its Proof-of-Work consensus algorithm makes transactions both slow and expensive, and prevents smart contracts from being deployed on the world’s biggest chain.

This is the purpose of Bitcoin HYPER: to deliver fast, cheap transactions and high-level functionality to the BTC ecosystem, all while retaining the security that makes Bitcoin what it is—all transactions are processed on HYPER, then settled on the main chain.

The ongoing Bitcoin Hyper presale is offering investors the opportunity to get early access to HYPER tokens, and it’s gone viral, raising over $9.3 million already ahead of release. Tokens are available for just $0.031, offering a huge upside when compared to established coins.

Cardano Price Breakout Signals New Uptrend

After consolidation of over 8 months, the Cardano price has finally broken out of the declining channel pattern. In the last three sessions, ADA has surged nearly 30% to cross the $1 psychological barrier. 

CoinMarketCap data indicates the Cardano price could face strong resistance between $1.10 and $1.20 in the coming week. Despite several overhead resistances, ADA is up 35% on the weekly timeframe. The potential approval of a Cardano ETF is expected to spark an uptrend for the altcoin.

On the other hand, a breakdown below $0.90 could trigger a correction. Meanwhile, analysts believe that the Cardano price might rise past $1.5 in the coming months. They believe it might mirror Ripple’s July rally. 

Shiba Inu Rebounds Strongly, Analysts Forecast Rally To $0.000034

The Shiba Inu price action over the last few days has brought back positive hopes to investors. CoinMarketCap data shows that SHIB has surged by 20% in the past week. Technical indicators like the Stoch RSI (14) and Average Directional Index (14) show that bulls are in control. 

Crypto trader SHIB Knight predicts the Shiba Inu might rally to $0.000015 after it takes out the $0.00001450 resistance in the coming weeks. 

$SHIB is pushing toward key resistance at 0.00001450 after a steady climb.

If it breaks 1450, next target sits around 0.00001500

Support lines are 0.00001367 & 0.00001352

Send it ? pic.twitter.com/e6QuS3zEfC

— $SHIB KNIGHT (@army_shiba) August 14, 2025

Meanwhile, the SHIB burn rate declined significantly by 89% in the last 24 hours, with over 9 million coins burnt. The decreased burn rate shows that investors’ sentiment is still bearish and will take time to recover.