Short-term price action depends heavily on whether Bitcoin can stay above its key support levels. Holding above $104,000 keeps the bullish trend intact. If Bitcoin breaks below this support, it could fall to $99,000–$100,000, which would mark a deeper correction. However, as long as buyers continue to step in at lower levels, the chances of a rally remain strong.
One prominent research firm has predicted that Bitcoin could rise by 25% if it closes above $114,000, citing strong ETF inflows and favorable macroeconomic conditions. Another market data provider estimates a 20% gain, taking Bitcoin near $128,000 by the first week of July.
Long-term analysts have set ambitious goals. A well-known hedge fund believes Bitcoin’s total market value could more than double to $5 trillion, which would push the price well above $200,000, provided institutional adoption and regulatory clarity continue to grow.