Traders are flocking to Bitcoin as a new peak of 136,000 dollars is within reach.

As global financial markets continue to grapple with uncertainty and volatility, Bitcoin – the leading cryptocurrency – seems poised to usher in a new chapter full of promise. Experts and analysts from major financial institutions like Bitwise, FRNT, 10x Research, and CEX.IO are extremely optimistic about Bitcoin's bullish prospects in the coming weeks. The combination of seasonal factors, capital reallocation from altcoins, increasing demand from large institutions, and easing geopolitical tensions is creating a solid foundation for a new bullish run for Bitcoin.

The Bitcoin Trading Frenzy

Markus Thielen, CEO of 10x Research, shared in a report that Bitcoin could reach $116,000 within the next few weeks.

"This bullish trend could take Bitcoin to new heights."

Some other analysts, including experts at Bitwise, predict that the price of Bitcoin could reach a record high of 136,000 USD by July 2025. These predictions are based on positive signals from the market and strong fundamental factors.

An important factor contributing to this optimism is that traders are flocking to derivative financial products, especially on the Deribit platform. Data from here shows that 67% of the bets on this platform are profitable only if Bitcoin reaches above 112,000 USD by July 25. This proves that a large number of investors and traders expect Bitcoin to break the previous record of 111,814 USD. Similarly, the likelihood of Bitcoin reaching an all-time high before August has soared to 81% on Polymarket.

Source: PolymarketAccording to data from CryptoQuant, the increase in investment activity in Bitcoin has pushed buying intensity to a record high in 2025, indicating that interest in Bitcoin is very large and strong.

Bullish Sentiment – Challenging Traditional Perceptions

Although many still believe that summer is the time when Bitcoin can "stop growing", a report from 10x Research by Thielen raises questions about this assertion. Over the past decade, July has seen an average monthly return of up to 10% in seven out of ten years. If this trend continues, Thielen believes that Bitcoin could reach a new all-time high just before entering August.

Geoffrey Kendrick, head of digital asset research at Standard Chartered Bank in the UK, also shares a similar optimism. He predicts that the second half of 2025 could be the "most breakthrough phase ever" for this cryptocurrency, especially as large institutions are increasingly interested in Bitcoin ETFs and the progress of the stablecoin bill in the United States is attracting attention.

The reallocation of capital from altcoin

One important factor driving the strong development of Bitcoin is the trend of reallocating capital from altcoins to Bitcoin. Illia Otychenko, the chief analyst at CEX.IO, predicts that about 64 billion USD will shift from altcoins to Bitcoin in the third quarter of this year. This shift not only contributes to increasing Bitcoin's dominance in the market but also creates strong momentum to push the price of this cryptocurrency higher.

To put it into perspective, 64 billion USD is equivalent to the total market value of the three major cryptocurrencies: Tron, Doge, and Staked Ether combined. This demonstrates that Bitcoin is attracting a large amount of investment from investors seeking stability and profit potential, thereby further solidifying confidence in the continued growth potential of this coin in the future.

Liquidity crisis and recovery in July

Although Bitcoin only recorded a modest growth of 2% in June, market analysts are optimistic that the situation will improve significantly in July. David Brickell from FRNT Financial explains that Bitcoin's stagnation last month may be a result of a liquidity shortage, as banks pour funds into the Federal Reserve's reverse repo facility. However, this situation is expected to ease in July, helping liquidity return to the market and creating bullish momentum for Bitcoin.

Additionally, reports from Bitwise indicate that Bitcoin tends to experience a strong bullish trend following tense geopolitical events, such as the recent conflict between the United States, Israel, and Iran. In fact, within 50 days after 20 global retracements, ranging from wars to economic crises, Bitcoin has averaged an increase of up to 31%. If history continues to repeat itself, this altcoin may be heading towards a price level of 136,000 USD in the near future.

Strong fundamental factors along with a bullish market sentiment are making investors believe that Bitcoin will continue to rise sharply in the near future. Although there are still many factors that cannot be predicted with certainty, with the combination of seasonal factors, a reallocation of capital from altcoin, demand from large institutions, and a reduction in geopolitical tensions, Bitcoin is on track to reach new heights. Experts all agree that the story of Bitcoin may become even more positive in the coming months.

Annie