Bitcoin Surges 25% to $117,000 on Institutional Buying and Favorable Policies

Bitcoin has recently experienced a significant surge, breaking through key price points and resuming its upward trajectory. This momentum is driven by a broader rally in risk assets, with the cryptocurrency surpassing the $117,000 mark on July 13, 2025. The upward movement is fueled by substantial institutional buying and favorable macroeconomic policies, positioning Bitcoin for further gains.

According to the analyst's forecast, Bitcoin could reach $130,000 to $150,000 by the end of the year, representing an 8-25% increase from current levels. The technical analysis model suggests that Bitcoin might reach a record high of $143,000 after overcoming the next resistance level. This breakout could trigger a significant rally, potentially leading to new all-time highs. The momentum behind Bitcoin's recent price movements is also supported by strong ETF inflows, with inflows totaling around $953 million driven largely by the IBIT fund.

The factors driving Bitcoin's growth include institutional buying and favorable macroeconomic conditions. These elements have contributed to a detailed look at the factors driving Bitcoin's growth, the data's indication of the current cycle, and how astute investors are balancing risk and reward. The current cycle suggests that Bitcoin could peak between $200,000 and $300,000 by December, before momentum fades in 2026. This range spans from $112,000 to $258,000, indicating a potential for significant gains in the near future.

The next potential spot triggers for Bitcoin are 0.26221 and 0.38402. A breakout above 0.38402 would likely signal the start of a new major bullish leg, according to the analyst's forecast. This breakout could further propel Bitcoin's price higher, potentially reaching new all-time highs. The current rally in risk assets has provided a favorable environment for Bitcoin, with the cryptocurrency riding the wave of positive sentiment and institutional buying.