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0.01%
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0.04%
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How high can Bitcoin price go?
Is Bitcoin headed for a correction after $130K or $200K? Various BTC price charts are painting several different targets to watch out for.
Market Analysis
COINTELEGRAPH IN YOUR SOCIAL FEED
Bitcoin has jumped 14.65% in the past week, hitting new all-time highs around $123,250.
Confirmed technical breakouts target $130,000-150,000 BTC prices next.
Bitcoin
119,999
price has climbed by more than 14.65% in the past seven days to establish a new record high at around $123,250 on July 14, data from Cointelegraph Markets Pro and TradingView shows.BTC/USD daily price chart. Source: TradingView
This week, the US House is set to debate and possibly vote on the Senate’s GENIUS stablecoin framework, as Republicans push to advance President Donald Trump’s crypto-friendly agenda.
Investors poured over $2.7 billion into Bitcoin ETFs last week, the fifth-largest weekly net inflow since their debut in January 2024. The twelve funds now collectively manage around $151 billion in assets.
Such fundamentals have left market participants wondering how much higher Bitcoin prices can go in 2025.
Bitcoin bull flag breakout hints at $130,000 next
Bitcoin has entered the breakout stage of what appears to be a “bull flag” pattern, confirmed by the formation of two downward-sloping parallel trendlines after a strong uptrend (flagpole).