Bitcoin Targets New All-Time High By July 2025 Says Analyst

Crypto analyst Michaël van de Poppe has forecasted that Bitcoin (BTC) is on course to achieve a new all-time high (ATH) by the end of next month. In a recent post on the social media platform X, van de Poppe shared his analysis with his 792,000 followers, indicating that Bitcoin is set to hit a new ATH by July 2025. He expects a brief consolidation period before a significant breakout, which could happen within the next one to two weeks. Van de Poppe emphasized that for Bitcoin to surpass its previous record, it must first clear a key resistance level at $108,900. He noted that Bitcoin has already absorbed considerable liquidity, signaling strong upward momentum. However, he anticipates a short consolidation phase before the cryptocurrency reaches new highs.

Van de Poppe's analysis suggests that if Bitcoin successfully breaks through this resistance level, it could trigger a rapid increase in the prices of altcoins. This phenomenon, known as a short squeeze, occurs when short sellers are forced to cover their positions, driving up the prices of these alternative cryptocurrencies. According to van de Poppe, altcoins are poised for a substantial upward move, and if Bitcoin continues its rally, altcoins are likely to outperform, experiencing accelerated price action due to widespread short squeezes.

At the time of writing, Bitcoin is trading at $107,633, showing a minor decrease over the past 24 hours. Van de Poppe's predictions are based on his analysis of market trends and technical indicators, which suggest that Bitcoin is on the verge of a significant breakthrough. His insights provide a bullish outlook for the cryptocurrency market, with the potential for both Bitcoin and altcoins to reach new heights in the near future.