Bitcoin (BTC) is heading towards $150,000, will the rise continue?

Jakarta, Pintu News – In recent times, the price of Bitcoin (BTC) has experienced a short-lived decline, while the altcoin market capitalized on this opportunity to climb higher. The leading cryptocurrency has been struggling as large holders are taking profits at current price levels. However, analysis from various sources shows that the Bitcoin (BTC) price rise still has room to expand further.

Bitcoin Price Analysis: Is the Rise Still On?

Currently, the price of Bitcoin (BTC) hovers around $118,800, with a rise of 2% in the last 24 hours and 9% in the last week, according to data from CoinGecko. On the other hand, Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE) have recorded gains of over 16% in the same timeframe.

After a big push from below $100,000, Bitcoin (BTC) price managed to break the continuous downward trend and hit a new record high that is almost close to the current level. A report from on-chain analytics firm Glassnode indicates an increase in profit-taking by short-term holders.

Also Read: XRP Price Surges Again: Momentum Rising, Eyeing Key Resistance

Potential Rise in Bitcoin Price: What to Expect?

Despite concerns about a major pullback from the $118,000 area to the support zone around $110,000, a report from CryptoQuant, which cites data from top analyst Dan Crypto, suggests that the Bitcoin (BTC) market is still far from the overheated levels recorded in March and December 2024.

The data shows that, although the price has risen higher, the significant decrease in market overheating compared to the previous short-term peak suggests that Bitcoin (BTC) could still continue to break new record highs and rise significantly in the second half of 2025, with strong growth potential.

Long-term Predictions for Bitcoin: Is $400,000 a Realistic Target?

In this context, if the bulls can maintain the momentum, Bitcoin (BTC) is likely to head higher. As NewsBTC previously reported, predictions from top analysts suggest that Bitcoin’s (BTC) adoption rate is unprecedented. The analyst stated that the real Bitcoin (BTC) movement is just about to begin, with high confidence that we will see $400,000 by the end of this year. This target may still be too conservative.

Conclusion

With various analyses and predictions pointing to further upside potential, the future of Bitcoin (BTC) looks bright. Investors and market watchers should continue to monitor key indicators and breaking news to make informed investment decisions.

Also Read: $2 Billion Fresh Money Injection, Bitcoin Ready to Fly Again? Analyst: Big Crypto Rally Signals!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin Price Still Not Overheated, Says Top Metrics; Is $150K Close?. Accessed on July 18, 2025