Key Takeaways:
$BTC reached a new all-time high of $112,000, surpassing its previous peak from May 2025.
Analysts predict further upside, with targets ranging from $130K to $200K in the coming months.
Institutional inflows, ETF momentum, and macroeconomic factors are fueling bullish sentiment.
Bitcoin has officially broken past its previous all-time high, hitting $112,000 on July 9, 2025. The surge comes amid growing institutional interest, favorable macro conditions, and renewed optimism across the crypto market. Experts believe this rally is far from over, with predictions pointing toward even higher price levels in Q3 and Q4.
Institutional Momentum and ETF Inflows
The recent rally is largely attributed to strong institutional buying, particularly through spot Bitcoin ETFs. BlackRock’s IBIT and Fidelity’s FBTC have led the charge, contributing to over $13 billion in net inflows over the past four months. This sustained demand has helped $BTC outperform traditional assets and even surpass Alphabet in market capitalization.
Liquidations and Short Squeeze Potential
More than $496 million in short positions were liquidated during the latest price pump, increasing the likelihood of a short squeeze. This could further accelerate Bitcoin’s upward trajectory as bearish traders are forced to cover their positions. Analysts suggest that the current momentum may push $BTC toward $130K–$150K in the near term.
Altseason 2025: Ethereum and Memecoins Rally
Bitcoin’s breakout has sparked a broader market rally, with Ethereum, XRP, and Solana posting significant gains. Experts like James Seyffart believe this could mark the beginning of Altseason 2025, as capital rotates into high-potential altcoins. The bullish sentiment is expected to continue as long as Bitcoin maintains its dominance and upward momentum.
