Several indicators suggest that there is still a bullish way ahead.
In general, the expectations of analysts and investors point to higher prices.
The price of Bitcoin (BTC) is lateralizing in a price zone until recently unknown, after reaching its historical (ATH) of 123,135 dollars.
The use of the expression unknown or “exploration” area is due to the fact that there are no previous technical supports or resistances at these price levels. That is, investors had never operated in these ranges.
For this reason, the question that invades the market is: Did BTC play a roof or still have a way ahead?
The answer, for the moment, seems to bow towards the second alternative. Is that several indicators of technical analysis and data ON-CHAIN They show signs that Bitcoin still has bullish potential.
One of these indicators is the so -called optimal signal (Optimal Signal) of Bitcoin Vectordeveloped by the Swissblock research firm. This indicator combines the BTC price behavior with fundamental and strategic metrics, with the aim of identifying optimal moments to invest in the currency created by Satoshi Nakamoto.
As seen in the following graph, the upper part shows the evolution of the BTC quotation (golden line) and underneath there is a blue line that represents the fundamental indices of Bitcoin (BFI (BFI), which evaluate the health of the network, including metrics such as liquidity, adoption and growth of users.
In the lower part of the graph, there is a more intense blue line that represents the optimal signal indicator, which indicates the moments in which it is optimal to position itself in BTC. Every time their values are high, they coincide with shaded areas in blue, which mark windows of opportunity, according to this model.
Following historical patterns, every time the value of the indicator was raised, the BTC rally extended between 15 and 30 days. Currently, they already passed 12 days since a new phase was activated, so there could still be more bullish.
The retail returned to Bitcoin
Currently, little investors (Retail Investorsin English) they are accumulating coins at a much greater pace than the amount that is issued every month. Historically, This has been an upward sign for Bitcoin.
This is shown by the following graphic of Glassnode, an on-chain data analysis firm, where Bitcoin’s monthly accumulation is observed-since June 2024 until July 2025-by different groups of small investors, represented with different colors.
Pink bars correspond to shrimp (Shrimps), which are users with less than 1 BTC. Las Rojas, meanwhile, represent the crabs (Crabs), which have between 1 and 10 BTC. Finally, the greens identify fish (Fish), The group with between 10 and 100 BTC.
The three groups have accumulated in the last month a total of 19,300 BTC, While the miners only issued 13,400 BTC. If this trend is maintained, a great bullish pressure in the market could be generated due to a shortage in the offer.
Alcist projections
So far this year, cryptootics has shown several bullish projections for 2025. For Michael Saylor, CEO of Strategy, BTC will reach $ 180,000.
For their part, Bernstein analysts predict that the price of Bitcoin will be $ 200,000 per unit.
Iván Paz Chain, CEO of TrainingDifferent, had stated in an interview with this portal that the digital asset could reach at least up to $ 140,000 in 2025.
In that line, the economist saifesanan ammous, the author of The Bitcoin Standard, He explains: “That the price of Bitcoin has risen considerably does not imply that he cannot continue to rise even more. On the contrary, the more he grows and demonstrates his adjustment to the market, the greater the probability that his promotion continues to continue.”
The current climb occurs in the middle of a large institutional investment. This is key to highlight it, because More and more companies are incorporating BTC as a reservation asset to their treasury. Taking into account that Bitcoin is an asset that has a limited supply in 21 million units, if more companies continue to adopt it as a value reserve, demand pressure could be significantly increased.
María Fernanda Juppet, CEO of Exchange Cryptomkt, believes that the fact that BTC exceeds $ 123,000 “consolidates her position as a new digital gold in a global financial context marked by uncertainty.” In turn, he said:
“This milestone not only reflects the growing institutional interest and maturity of the ecosystem, but validates the confidence of millions of people in a more decentralized and transparent financial future.”
María Fernanda Juppet, CEO of Cryptomkt.
Finally, the businesswoman said that this trend could mark the beginning of a “new expansion cycle for cryptocurrencies.” In that context, he recommended, to those who just begin in the world of investments, which are adequately informed before making any decision.
