How High Can the Price of Bitcoin Go?

Key takeaways:

• 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 (BTC) 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.

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).

On July 9, BTC broke above the flag’s upper trendline alongside a rise in trading volumes, confirming a decisive breakout. It now eyes a run-up toward $130,00 by August, the flag’s upside target measured after adding the flagpole height to the breakout point.

Onchain analyst Axel Adler Jr. also said that the MVRV ratio, which compares Bitcoin’s market value to the average cost basis of holders, also points toward the same level.

Historically, when the MVRV hits 2.75, it signals an early inflection point where long-term holders begin to take profits. According to Adler’s current model, that level now corresponds to a Bitcoin price of $130,900.

Other charts point to $150,000 BTC price target

BTC has broken out of a classic cup-and-handle pattern on the daily chart, as highlighted by analyst RJT.WAGMI. The formation, which began in January 2025, confirms a strong continuation signal following its breakout above $110,000.

This pattern now projects a measured move target near $150,000, implying a 33.4% upside from the breakout zone. This price target has been projected by multiple analysts in the past, including Milk Road co-founder Kyle Reidhead and trading resource The Kobeissi Letter.

Related: Is a Bitcoin price rally to $150K possible by year’s end?

In May, veteran trader Peter Brandt predicted a Bitcoin price rally toward $125,000-150,000 by August or September, citing a multiyear parabolic uptrend. His prediction has been accurately playing out as of July.

Brandt warned of a potential 50% correction after Bitcoin reaches the $125,000-150,000 zone. However, some analysts see the uptrend continuing beyond the $150,000 target.

Power Curve model hints at $200,000 Bitcoin peak by year-end

A popular long-term model, the Power Curve Cycle Cloud, created by onchain analyst apsk32, shows Bitcoin rallying above the $150,000 target, citing historic four-year cycle patterns.

The model maps Bitcoin’s price overlaid with historical cycle averages and upper and lower bounds based on past peaks and bottoms.

So far in 2025, Bitcoin (red line) has remained within this cycle “cloud,” suggesting it’s still behaving like it did in previous bull markets.

Bitcoin could peak near $200,000 by November or December if the current cycle stays on track, according to apsk32. That would align with the timing of past cycle tops, which typically occurred around 18–20 months after each halving.

Apsk32 also compared Bitcoin’s price in gold ounces instead of US dollars and found that the current cycle looks like it hasn’t even started when priced in hard money.

That contrast keeps him “open-minded” to a cycle peak well above $200,000, especially with new inflows from ETFs and geopolitical uncertainty fueling demand.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.