On July 9, 2025, Bitcoin's price is at $108,385, up 0.53% from the previous close. Bullish sentiment on social media is high, with a ratio of 1.51 bullish comments to bearish ones, the highest in three weeks. The price briefly hit $109,595 before falling to $107,681.
Analysts note that high optimism has preceded price corrections in the past. Bitcoin whale wallets have sold off 14,140 BTC in the last week, indicating caution. Despite short-term volatility, the long-term trend is bullish, with whales accumulating for six months.
Upcoming events, such as the release of Federal Reserve minutes, may impact the market. Investors should watch these developments closely.