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BlockNews
Home CRYPTO BITCOIN

Bitcoin Eyes $110K as Trump Endorses HODLing: How High Can It Go This Cycle?

Michael Juanico by Michael Juanico
June 10, 2025
in BITCOIN, CRYPTO, FINANCE, OPINION
Reading Time: 3 mins read
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  • Bitcoin is holding near $109K, with growing institutional interest and public support from President Trump pushing it toward $110K.
  • Analysts predict BTC could reach $119K by July and possibly surge to $144K by September 2025.
  • Long-term projections, like those from Willy Woo, see Bitcoin eventually valued in terms of global GDP, not dollars.

Bitcoin (BTC), still reigning as the undisputed king of crypto, is hovering around the $109,000 mark and inching ever closer to that big $110K milestone. Institutional interest is ramping up again, fueling optimism across the board. Meanwhile, a bold endorsement from U.S. President Donald Trump is adding a fresh dose of momentum.

Donald Trump: "From this day on American will follow the rule that every Bitcoiner knows very well, 'Never sell your Bitcoin.'" pic.twitter.com/BXjdTin0K1

— Altcoin Daily (@AltcoinDaily) June 9, 2025

Trump Tells Americans: “Don’t Sell Your Bitcoin”

In a short but attention-grabbing clip, President Trump delivered a pretty clear message: Americans should hang on to their Bitcoin. Referring to the common mantra in crypto—“never sell your BTC”—Trump’s remarks triggered a wave of bullish sentiment. Whether it was meant as policy or pep talk, it sure didn’t hurt market confidence.

Institutions, too, are doubling down. Firms like Metaplanet and Strategy are reportedly stacking BTC at record levels. This kind of demand doesn’t go unnoticed, especially as Bitcoin’s supply remains fixed and inflation fears linger in traditional markets.

How High Can Bitcoin Really Go?

Analysts aren’t holding back. Mark Kaiser, one of the more optimistic voices in the space, sees BTC soaring all the way to $850,000 this cycle—yes, you read that right. Meanwhile, veteran analyst Willy Woo shared a more philosophical take, saying BTC’s ultimate valuation should be seen in terms of global GDP divided by its 21 million supply cap, not in fiat terms.

“It’ll take time,” Woo said. “Maybe two decades, give or take—but it’s coming.”

Technical Forecasts Point Higher

According to CoinCodex, BTC could rise by 8.76% and reach $119,000 by mid-July 2025. The platform notes current market sentiment as bullish, with the Fear & Greed Index sitting at 71—solidly in “greed” territory. Bitcoin also posted green days on more than half of the past month, with relatively tame 2.13% price volatility.

BILLIONAIRE MAX KEISER SAYS #BITCOIN IS GOING TO $850,000 DURING THIS CYCLE 👀

IT’S COMING!!! 🚀 pic.twitter.com/8VAgDS2Eig

— Vivek⚡️ (@Vivek4real_) June 9, 2025

Looking further out, CoinCodex predicts Bitcoin could hit $144,000 by September 7, 2025—a 31.68% jump from where it is now. The numbers suggest a sustained climb, backed by strong technicals and a market that’s leaning heavily toward optimism.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinbullishcryptoDonald TrumpMark KaiserWilly Woo
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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