Bitcoin (BTC) Price Prediction: New ATHs Incoming, But There's a Delay You Need to Know About

Was $109k in January a local top for the Bitcoin price? Was that a peak of this bull run? You can analyze altcoins as much as you want, these are hot questions in crypto right now.

An interesting analysis has been shared by analytic platform Cryptonary. As per their observations, Cryptonary believes that Bitcoin (BTC) will likely trade sideways for about 4-6 more weeks.

Cryptonary Predicts More Sideways Trading For Bitcoin

Bitcoin is currently trading at $95,150. According to Cryptonary, the market is expected to stay range-bound between $85,500 and $98,920 until late July. This sideways movement is indicated by the orange box in their chart. During this period, we can anticipate Bitcoin to dip toward the low $80K area before any significant upward movement.

The RSI indicators currently show readings of 59.48 (close) and 47.63 (open). These numbers suggest a neutral to slightly bullish outlook, which aligns with the prediction of a consolidation phase.

Bitcoin has major support at $71,825-$71,855. The key resistance level is at $98,920. Breaking through this resistance will be crucial for any major upward rally.

A significant factor contributing to the expected sideways trading is the uncertainty surrounding Trump’s policies. The recent Bitcoin rally was partly driven by a decrease in worry about Trump’s trade policies. However, there is still a possibility of a 10-15% flat tariff.

If implemented, these tariffs could lead to a rise in inflation. Higher inflation would negatively impact consumer spending and corporate profits.

Cryptonary predicts that Bitcoin will largely trade between $80K and $100K for the next 4-6 weeks. We might see a retest of the lower $80K range before a breakout occurs.

The long-term outlook remains positive. Cryptonary forecasts a major rally in late Q3 and into Q4 2025. This rally should continue into 2026, fueled by the Federal Reserve cutting interest rates and a more favorable economic environment.

In summary, Bitcoin investors might need patience in the short term. The market seems to be confined between $85K and $98K until August or September. Afterward, we can anticipate a strong move toward new all-time highs. The main factors to watch are tariff decisions and Federal Reserve policy. If economic conditions improve later this year, Bitcoin could reach levels of $125K or higher in 2026.