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Arthur Hayes bought 1,293 ETH ($2.48 million) on Wednesday, July 15, after receiving 646 ETH ($1.24 million) from Galaxy Digital soon before, on-chain data shows. The moves mark a reversal weeks after he sold 6,000 ETH at a loss.

 

As Bitcoin continues to trade around key resistance levels, market analysts remain divided on its next move. While several traders expect a rally toward $67,000–$70,000 over the next one to two weeks, others warn that losing critical support could trigger another correction. Here's a roundup of the latest forecasts.

 

Bitcoin whales have not identified quantum computing risks as a reason for selling, according to Galaxy Digital, while institutional investors have flagged quantum concerns as a reason to avoid buying the crypto asset.

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Larry Fink, CEO of BlackRock, stated that excessive leverage no longer represents the major threat of the past for Bitcoin and cryptocurrency markets.