Bitcoin is at a critical juncture this week, with analysts closely watching the potential for a significant price movement. While some caution about a possible 'false move' to $105,000, others predict a bullish breakout that could push BTC towards $165,000 .
According to recent analysis, Bitcoin continues to hover near critical resistance levels. Analysts point to a potential breakout that could send BTC surging toward $165,000 . As the leading cryptocurrency consolidates around the $108,000 mark, momentum indicators and technical patterns suggest an explosive move may be brewing—one that could define the next phase of the 2025 bull cycle .
Some analysts have identified $116,000 as the breakout zone that could launch Bitcoin's next parabolic rally . Crypto strategist Javon Marks recently projected that if BTC convincingly breaks this resistance, it could climb toward $165,745—a potential 52.5% gain from current levels .
However, other analysts are more measured. Crypto asset exchange platform Changelly predicted BTC would average $109,046 in 2025, with a range of $105,781-$110,310, rising to a potential $163,582 in 2026 and $531,605 by 2029 . Benzinga projected a 2025 average of $125,027, before dipping to $81,851 in 2027 and rebounding to $236,454 in 2029 .
Moreover, the upcoming “Crypto Week” in Washington appears to be boosting the token. Lawmakers in Washington are set to launch “Crypto Week” beginning July 14, aiming to advance at least three key bills regulating digital assets . Among them are the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act . These measures are expected to provide clearer legal frameworks for crypto markets, particularly around stablecoins, digital infrastructure, and privacy protections .
Finally, comments from Elon Musk also appear to be supporting Bitcoin. Tesla Inc CEO said on late Sunday that his newly announced America Party will support Bitcoin . “Fiat is hopeless, so yes,” Musk said on X, when asked whether his political party would embrace Bitcoin .