Bitcoin's breakout past $122K signals a strong uptrend, with analysts eyeing $135K soon and retail FOMO likely above $150K.
Historical cycles show Bitcoin often rallies for weeks before corrections, and the 2025 cycle mirrors this bullish pattern closely.
With institutional buying driving momentum, experts believe Bitcoin could push toward $160K by year-end if no major shocks hit.
Bitcoin surged to a fresh all-time high of $122,871 on Monday, setting the stage for even higher targets. Analysts now forecast a rise to $135,000 in the coming weeks before a significant correction. This rally follows nearly two months of sideways consolidation, which has now been replaced by rapid price discovery and renewed market momentum.
Fairlead Strategies' Katie Stockton told CNBC that her team expects Bitcoin to hit $135,000 in the intermediate term. She based this on a “measured move projection” formed after the breakout. Additionally, Stockton believes related assets like Coinbase stock and crypto-focused equities could also benefit from Bitcoin’s ongoing surge. The entire crypto market has shown positive momentum, with Ethereum and XRP also rising.
Breakout Signals a Powerful Bull Trend
Bitcoin broke out above a seven-year trendline that previously acted as strong resistance since 2018. This breakout is a major technical development, especially during a time when institutional capital is driving the market. Nic Puckrin from Coin Bureau called it “incredibly bullish,” noting that retail investors haven’t even entered yet. He suggested that retail FOMO could begin once Bitcoin touches $150,000.
Markus Thielen of 10x Research added to the bullish outlook. He said the July 10 breakout historically leads to a 20% rally over two months. Based on this, he expects Bitcoin to reach $133,000, with a year-end target still at $160,000. Likewise, LVRG Research’s Nick Ruck remains optimistic that Bitcoin could hit $150,000 this cycle, barring unexpected negative events.
Historical Cycles Provide Context
Rekt Capital compared current market behavior to past cycles. In 2013, 2017, and 2021, Bitcoin rallied six to seven weeks into price discovery before correcting. In this 2025 cycle, Bitcoin followed a similar path, rallying for seven weeks before a 32% correction. Now, it has entered the second phase of its price discovery uptrend.
Consequently, this historical pattern supports a continued rally. Momentum, institutional support, and technical strength all align. Moreover, with retail still on the sidelines, the next phase could bring explosive moves as mainstream interest returns.
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