Bitcoin need to hit 155k to overtake Apple in Market Cap.
Bitcoin is now 7th largest Asset in global market.
Bitcoin has dropped roughly 7.5% from its all-time high near $123,250. Analysts interpret the dip as a potential “perfect bottom,” paving the way for another rally. Bitcoin recently reclaimed its 50-day exponential moving average (EMA), after briefly falling below it — a recurring technical support level that previously sparked a 25% rebound in June .
Analyst observes that if Bitcoin dips into the $110K–$112K range, this could solidify the bottom, setting the stage for a renewed upward leg . Supporting the bullish outlook is an inverted head-and-shoulders (IH&S) pattern. Bitcoin has retested the neckline of this pattern after breaking through it—an indication that the price could continue its breakout toward $148K–$148.25K . This target aligns with broader forecasts that see Bitcoin reaching the $150K mark later this year, possibly by October .
On-chain insights add another layer of optimism. Crypto Quant data highlights that whales—large, long-time Bitcoin holders—have executed three major profit-taking waves during the current bull cycle. The latest wave, involving an estimated 80,000 BTC, occurred in July 2025 after the price broke past $120K. Historically, each such selling wave has been followed by several months of cooling and consolidation, which precede fresh all-time highs . Analysts interpret this pattern as a bullish setup that could herald the next major price breakout.
