Best crypto to buy now as Bitwise CEO makes bold BTC prediction

Bitcoin held steady above the $107,000 mark on Thursday, trading at $107,651.49, but early signs of profit-taking across major tokens indicated a potential slowdown in momentum.

Dogecoin fell nearly 4% to $0.1902, while Tron’s TRX dropped 5.5% to $0.275.

Other large-cap tokens, including XRP ($2.24), BNB ($667.21), Solana ($158.86), and Cardano ($0.6897), posted losses of up to 3%.

Ether, which outperformed Bitcoin last week amid strong ETF inflows and bullish derivatives activity, eased to $2,754.34 after briefly rising above $2,800.

Several tokens are now trading near local resistance levels, leading some traders to take profits.

Despite the near-term pullback, the broader outlook remains constructive. Several experts have been making bullish predictions for the top coin and the crypto market in general.

The enthusiasm is also seen in one of 2025’s most-watched crypto presales, Bitcoin Pepe.

Bitwise CEO’s bold prediction on BTC

Bitwise CEO Hunter Horsley believes that Bitcoin’s current sell pressure will likely dissipate once the cryptocurrency moves past the $130,000 threshold.

In a post on X on Wednesday, Horsley said, “I think once Bitcoin breaks through, eg, $130-150k, no one is going to sell their Bitcoin.”

According to him, the current round of selling is largely driven by early holders who acquired Bitcoin at significantly lower prices and are now taking profits as the asset hovers near the psychologically significant $100,000 mark.

Hunter Horsley

@HHorsley

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I think once Bitcoin breaks through eg $130-150k, no one is going to sell their Bitcoin. Right now at $100k, it seems individuals who hold a lot of Bitcoin that was bought a long time ago at very low prices, are selling some. That said, once Bitcoin breaks new levels, this

10:04 pm · 10 Jun 2025

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“Right now at $100k, it seems individuals who hold a lot of Bitcoin that was bought a long time ago at very low prices are selling some,” Horsley noted, adding that this behaviour is expected to be temporary.

“Once Bitcoin breaks new levels, this will peter off,” he said.

His comments align with earlier warnings from on-chain analytics firm Glassnode, which flagged a “notable increase” in selling by long-term holders as Bitcoin approached and crossed the $100,000 milestone on May 8.

Bitcoin Pepe’s momentum continues

Bitcoin’s continued rally has bolstered sentiment across the crypto market, creating conditions that have historically paved the way for broader upswings.

In this risk-on backdrop, investors are once again rotating into speculative assets, with meme coins emerging as early beneficiaries.

Among the names gaining traction is Bitcoin Pepe, a project that aims to combine viral internet culture with a Layer 2 blockchain framework.

Bitcoin Pepe has distinguished itself with a technical vision to “build Solana on Bitcoin”—an attempt to combine Bitcoin’s security with Solana-like scalability.

Unlike many meme tokens that rely solely on momentum and community buzz, Bitcoin Pepe is anchored by a defined technical roadmap and infrastructure-oriented narrative.

The project has already raised over $14 million through its ongoing presale ahead of a listing announcement on June 17.

As capital continues to flow into early-stage tokens, Bitcoin Pepe appears to be capitalising on renewed speculative interest in the final phase of its token sale.

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