In the last 30 days, Bitcoin has shown a decline of 2.29%, despite the rise in the share prices of several tech companies. Questions about the future of Bitcoin's bull market remain relevant.
Bitcoin Lags Behind Tech Stocks in June
For the period ending June 24, 2025, Bitcoin dropped more than 2%. Meanwhile, shares of major tech companies like Nvidia, Palantir, and Oracle saw significant gains. For instance, Nvidia's share price increased by 9.15%, Palantir's by 19.84%, and Oracle's by 32.5%.
Bitcoin Price Rainbow Chart Analysis
Some experts believe that Bitcoin is unlikely to enter a bear market anytime soon. The Bitcoin Rainbow Chart, which tracks historical price trends, indicates that the current price levels are still far from multi-year peaks, suggesting that Bitcoin is comparable to past growth periods like November 2020 and May 2017.
Expert Predictions for Bitcoin's Future
Leading analysts such as Peter Brandt expect Bitcoin's price to reach as high as $150,000 by August or September. Galaxy Digital founder Mike Novogratz has also expressed that he anticipates the price will exceed $150,000 before the current market cycle ends.
Despite the recent decline in Bitcoin's price, many experts remain optimistic about the cryptocurrency's future, with forecasts indicating the potential for significant growth.
