đĽ Bitcoin's Summer Surge: Whatâs Next for BTC?
Bitcoin is trading around $104.7K as of JuneâŻ20,âŻ2025âjust below its recent all-time high near $111.9K in May . On-chain data signals, including rising volume-weighted average price and transfer volumes, hint at a potential summer breakout toward $130Kâ$135K by August .
Institutional adoption continues to fuel optimism. Galaxy Research forecasts BTC climbing past $150K in H1 and even reaching $185K by late 2025 . Meanwhile, some bullish projections extend to $225Kâ$285K depending on macro trends and ETF inflows .
However, cautious analysts warn of potential corrections, citing overbought signals and geopolitical noise . Support around $95Kâ$106K appears critical, offering a possible entry zone if BTC dips .
Bottom line: Momentum is building as BTC hovers above $100K. Watch institutional flows, macro shifts, and key support levels. If the bullish setup holds, a summer rally could be just getting started.