Bitcoin continues to show strong growth, reaching new historical highs and becoming a topic of analytical discussions.
Bitcoin's Performance in 2025
Bitcoin posted a negative return of -11.7% in Q1 2025 despite a 9.54% gain in January. However, Q2 saw a strong rebound, with April up 14.2%, May up 11.1%, and June up 2.4%, resulting in a quarterly return of +29.9%.
Bitcoin Price Predictions for the Next 15 Days
Analysts expect Bitcoin to oscillate between $120,000 and $130,000. Deribit data shows significant open interest for call options at $115,000 and $120,000 for the July 25 expiry. For later expirations like August 1 and August 29, concentrations appear at $140,000 and $150,000, reinforcing the range-bound activity.
Likelihood of BTC Price Pullback
The Bitcoin Volatility Index (DVOL) is currently at 39.61. Low volatility during a price rally is unusual and suggests a potential increase. The U.S. Dollar Index (DXY) was at 96.64 at the start of the month and has risen by 1.22%, which could temporarily cap Bitcoin’s upside.
Despite the potential for short-term fluctuations and consolidation between $120K and $130K, Bitcoin remains in a bullish trend due to favorable macro conditions and technical indicators.