Bullish case:

Technical charts suggest a breakout past resistance zones ($114–$115k) could trigger a 25%-45% rally—potentially reaching $140k–$160k  .

• Seasonal boost:

Analysts highlight low volatility, strong ETF inflows (~$14 billion since April), and typical July strength as bullish indicators, possibly pushing BTC to $120k this month .

• Cautious signals:

A negative shift in whale accumulation (now in distribution mode) may point to short-term downside toward $105–106k