Bitcoin (BTC) has made multiple new all-time highs this year and has kicked off a fresh bullish cycle for cryptos as a whole. However, the rally seems to be just getting started as the charts favor a bullish Bitcoin price prediction.
Since the year started, BTC has delivered gains of 27%. Meanwhile, the token’s open interest in the futures market has reached record levels as well as traders have positioned for the continuation of the rally that kicked off in April this year.
Merlijn the Trader, a well-known crypto analyst on X whose account is followed by nearly 400,000 users, has spotted a massive bullish setup in the weekly chart that could anticipate huge gains ahead for BTC after a confirmed breakout.
$BTC just formed a textbook cup & handle and nailed the retest.
Structure is clean. Liquidity is rising.
Momentum is shifting.The next leg?
Not if, when. pic.twitter.com/WeWACVQ1Yg— Merlijn The Trader (@MerlijnTrader) July 31, 2025
The upside potential of a cup-and-handle pattern is determined by the height of the cup. In this case, it implies gains of as much as 80% for the next 3 to 6 months.
This could result in a move to $135,000, meaning a 15% upside potential from where the top crypto is at right now and making it one of the best cryptos to buy now.
Bitcoin Price Prediction: BTC Consolidates But Odds Favor a Bullish Breakout
Bitcoin has been consolidating for more than two weeks now after the top crypto hit its latest all-time high.
This is a typical accumulation setup that commonly precedes the rally’s continuation. Hence, until a breakout occurs, traders may expect range-bound trading between $110,500 and $123,000.
The 4-hour chart confirms the boundaries of this consolidation and also the mid-line – the price level to which the price should ultimately converge upon hitting the upper and lower bound.
BTC has stood above the 200-day exponential moving average (EMA) throughout this entire period, which favors a bullish outlook.
The most likely outcome of this consolidation is a breakout above $123,000 but that does not mean that we can fully rule out a move to $110,000 that aims to grab some additional liquidity from late buyers to fuel BTC’s next leg up.
The $200,000 is attainable this year but not without a pronounced pullback that makes the price of the token much more appealing to those who missed out on these first couple of legs.
As BTC’s market cap keeps expanding, its DeFi ecosystem holds massive potential. A new crypto presale called Bitcoin Hyper (HYPER) wants to unlock the untapped potential of BTCFi by launching a Solana-powered layer-2 chain for the top crypto.
Bitcoin Hyper (HYPER) Presale Raises Nearly $6M to Launch its Powerful L2
Bitcoin Hyper (HYPER) leverages the power and scalability of the Solana blockchain to kick off a new era for BTC’s DeFi.
This project creates a bridge through which BTC tokens can be safely transferred to the Hyper L2 and creates the perfect environment for the development of DeFi apps that allow BTC holders to earn yield, stake, and lend their tokens.
As a Solana-based L2, Bitcoin Hyper offers low transaction fees, fast execution speeds, and a scalable infrastructure to support billions of dollars in daily volumes that should come from the Bitcoin network.
Once top wallets and exchanges start to adopt this protocol, the demand for $HYPER should explode. To buy the token at its discounted presale price, simply head to the Bitcoin Hyper website and connect your wallet (e.g., Best Wallet).
You can either swap USDT or SOL for this token or use a bank card to invest.
