Just one day after managing to reach its all-time high, the Bitcoin price has started to retreat. The red candle is getting larger by the hour, and fears are emerging about whether we are in for a deep correction or not.
Investors shouldn’t fear much, though, since the correction is the natural progression of the market: there is always a reversal after new highs are reached. Also, considering how powerful the institutional force around Bitcoin is, bulls will emerge trying to maintain its value. That being said, it is also an opportunity to explore the best crypto to buy now that could gain from this recent reversal.
How Much Will Bitcoin Drop From that Level?
While the red candle painted on the Bitcoin price chart appears to be long, it is likely that the reversal won’t reverse the bullish sentiment around the apex crypto.
Analysis shows that a short-term bearish indicator could push BTC down to $114K, which is its immediate support.
However, as far as strong support is concerned, the previous high that Bitcoin reached, which lies in the zone between $111K and $112K, is where the demand zone is. It was the area of consolidation before the breakout started on July 9th or 19th.
That said, if institutions start to pull back, we might see a deeper correction to the $108K – $110K level, but only if bears start to get stronger. which might not be the case, since alternative.me shows that the pin of the Crypto Fear and Greed Index is still pointing strongly towards greed at 73.
What Can Prevent the BTC Price to Stop Correcting to Previous Lows?
So, while the Bitcoin price action has taken a corrective path, there is no freefall, which means there is still time to make the drop stop. Here are the factors that could act as a catalyst to keep the apex crypto afloat at the current level.
Institutional Buy-side Pressure Emerging
Since the institutional push has been the core reason behind Bitcoin’s current level, it makes sense that institutional buy-side pressure could help the apex crypto stay at the current level. It could take the form of quiet accumulation of ETFs by entities like BlackRock and Fidelity. Till now, $3.7 billion has flowed into global Bitcoin investment products, out of which $2.72 billion has gone into the US spot ETF alone.
On-chain data has revealed that small ETF wallets have resumed accumulation, and mid-tier whales will soon follow.
It is also crucial for ETF inflows to go back up again. According to information available on SoSoValue, over $26 million has flowed out of Fidelity’s FBTC, and over $99 million have flowed out of ARK & 21Shares’ ARKB already. While this outflow could have been strategic, it is crucial to put a lid on that, since it could deter Bitcoin’s chances of remaining at the same level it is now.
Global Adoption News
News of global adoption of Bitcoin hitting the front lines could have a positive impact on the BTC price. Big companies like Amazon and Apple have already been integrating BTC, and if other major conglomerates follow suit, things could turn positive for BTC.
Country-level adoption talk could also maintain the Bitcoin price at the current level, and so will banks re-enabling access to BTC. JPMorgan and Revolut have already done it, and others may soon follow.
Fed Rate Cut Expectations
So far, there have been no cuts in the Fed rate, only pauses. This has happened largely because of Republicans insisting that the economy is really healthy, which diminishes the need for any urgent cuts.
According to June FOMC minutes, there were only a couple of officials who supported the July cut, but nothing has been announced so far.
That being said, expectations that cuts will arrive are high. For instance, Mary Daly recently revealed that two rate cuts are still on the table.
Should Investors Choose Bitcoin as their Best Crypto to Buy Now?
The recent correction in the BTC price is a natural progression, and given the institutional and regulatory push to make BTC even more mainstream, it can be safely said that Bitcoin could be considered the best crypto to buy now.
However, everything is pure speculation until this point, and despite the institutional inflows, retailers haven’t had much say in the BTC price action. In fact, it seems like only the big players are responsible for moving the BTC price recently. While it has allowed Bitcoin to reach new highs, it has also made it inaccessible to most investors.
Such investors should look for alternative assets, ones that are a little more affordable and present a stronger long-term upside thanks to their use cases not being limited to being a “store of value.”
Best Crypto to Buy Now – Top 5 Options to Pick from in July
The bullish ecosystem created around Bitcoin has made it clear that the crypto space is in a much better place than it was a couple of years ago. Investors looking for long-term gains could consider putting their weight behind Bitcoin.
However, those looking for parabolic profits should consider altcoins as well, since altcoin season is here and Bitcoin is losing its dominance in the cryptocurrency market. Some of these alternative assets haven’t even reclaimed their previous highs yet, which makes them prone to experiencing massive surges whenever they introduce new updates.
Bitcoin Hyper
The first option in this “best crypto to buy now” list is not a crypto available on exchanges, but one that could be bought on presale.
Bitcoin Hyper has a simple appeal, and it is riding the wave of L2 prominence to gain traction in the market.
The entire theme of this cryptocurrency project is simple: make the Bitcoin network more capable. Through its L2 solutions backed by Solana Virtual Machine, ZK Rollups, and Canonical Bridge, Bitcoin Hyper wants to make the Bitcoin network capable of handling smart contracts.
According to the developers of the project, despite the level of traction Bitcoin has gotten so far, it has stalled in terms of technological innovation. Institutional buyers putting their weight behind BTC are more concerned with treasury and hedging market volatility, and not about utility.
Through Bitcoin Hyper, Bitcoin could be pushed towards a more innovative path, so that unique NFTs, DeFi, and decentralized applications could be built on the network.
Bitcoin Hyper is not merely relying on fancy terms to gain momentum. The whitepaper clearly shows that the developers have put thought into this project. They have highlighted the process of how Bitcoin Hyper will work and have given deep thought to how it may evolve once it goes live.
99Bitcoins, one of the leading crypto analysts on YouTube, has called Bitcoin Hyper the next 10x token.
In a video discussing the current price action of Bitcoin, Jacob Crypto Bury said that Bitcoin has a high chance of reaching $130K. However, Bitcoin Hyper could be a good alternative token for those looking for strong utility.
Solana
While Bitcoin has reached its all-time high, Solana has not gone through such levels of traction. At best, the utility crypto was able to cross the $160 barrier recently before a correction.
Then why has it been added to our “best crypto to buy now” list? The simple answer is the innovations happening within its ecosystem, as well as the institutional action.
In terms of institutional interest, Solana recently saw $78 million in flows due to the altcoin season; this happened after the launch of the first-ever US staking ETF.
The presence of such innovative financial products is drawing a lot of attention toward Solana, which is part of the reason why investors are still bullish on it.
Secondly, Solana’s updates have also been noteworthy, with the likes of the Firedancer client running 7% of the network, while Alpenglow is cutting down transaction delays. These technological innovations are working in tandem to deal with long-standing, scalability-related shortfalls of the Solana blockchain.
In terms of price action, Solana has formed a partial cup and handle pattern. If it gets validated in the coming days, there is a possibility that the altcoin will move to higher upsides.
This could be the cleanest breakout I've seen all month! pic.twitter.com/FGWTYaOqDg
— Ali (@ali_charts) July 15, 2025
Popular crypto analyst Ali Martinez has highlighted that Solana’s recent clean breakout, which has arrived for the first time in months, could get the SOL price closer to $185.
Token6900
Token6900 is another good altcoin pick for those looking for purely speculative assets. The meme coin project wears its lack of utility on its sleeve and projects an erratic, robust, and comedic image, highlighted by texts that often make no sense and social media posts that could only be inside jokes.
Token6900 has taken a trip down nostalgic lane, presenting a website that looks like the interface of Windows 95, complete with amazing advertisements from that time.
The entire aesthetic has been designed as a Comic Sans–driven, modern style of artwork, complete with anime characters and AI-generated memes that would give anyone a chuckle.
Behind this lack of utility is a narrative that paints the entire cryptocurrency ecosystem as a meme. Token6900 essentially says that there is no need to look at multiple charts all the time, and investors should just go with their vibe. This focus has been inspired by SPX6900, a meme coin of similar style that gained prominence as soon as it landed on cryptocurrency exchanges.
Everything from the tokenomics to the launch of the project is comedic, which gives it a strong personality. The social media posts are equally funny, which makes it a strong social project.
Analysts appreciate the project thanks to the sheer level of high potential it has as a meme coin. The memes, the tokenomics, and the mechanics could fuel its short-term surge once it goes live. And since it is offered as an alternative to another popular meme coin of similar style, it is targeting an already established market.
Ethereum
Following Bitcoin’s pullback from its all-time high, the Ethereum price has also corrected from its $3K level. This trickle-down effect, however, has opened the road for investors to dive into Ethereum, giving them the opportunity to buy the recent dip.
Contributing to this optimism is a range of new upgrades happening within the Ethereum ecosystem. The altcoin’s Pectra upgrade was well-received. Hopes are high for the Fusaka upgrade as well, which could enhance Ethereum’s scalability and efficiency.
Both of these aspects have the potential to boost Ethereum adoption on a global scale. Businesses that have been on the fence till now could emerge as investors, and retail investors looking for an altcoin with long-term upside could pick ETH as their next buy.
In terms of institutional adoption, Ethereum ETF inflow has already increased. Since last week, the inflow has surged by over $62 million. With almost $13 billion worth of ETH under institutional management, chances are high for Ethereum to benefit from more bullish price movements in the future.
Price analysis shows that Ethereum has been on an uptrend. The current surge-consolidation cycle has put it on the path to cross the $3.5K barrier, which it can potentially achieve by August 2025.
Snorter
Snorter is a Solana-themed crypto generating buzz within the cryptocurrency community thanks to its AI-enabled trading bot. Active on Telegram, the trading bot will reportedly give users complete access to the best Solana-based meme coins as soon as they are launched on exchanges.
The project has been created to dive into Solana meme coins that have gone through massive parabolic bull runs in the past. With Snorter, the idea is to automatically snipe these cryptos when they land, so that investors don’t lose out on early gains.
The bot also comes equipped with several security features, such as honeypot protection, rugpull protection, and MEV protection. Being on Telegram, Snorter has also enabled social trading features with CopyTrading.
This fast-swapping and rapid-trading ecosystem is complemented by a meme-driven approach. The main character of the project is an aardvark, which is a unique animal in the realm of meme coins. It further adds a novel factor to Snorter’s ecosystem that could make short-term gains possible.
