TLDR
- Bitcoin is trading above $118,000, and analysts believe it could rise to $130,000 if key support holds.
- The $110,000 to $112,000 range is seen as a crucial accumulation zone for further upward momentum.
- Technical models suggest that maintaining support above $110,756 may lead Bitcoin toward the +2.0 sigma level.
- Capital inflows remain lower than in previous peaks, which indicates that the market has not entered the euphoria phase.
- Analysts view the current price structure as bullish and believe Bitcoin still has room to climb.
Bitcoin (BTC) is currently moving within a bullish structure as analysts expect a potential rally toward $130,000. Technical indicators suggest that the coin could climb higher, provided it maintains key support above the $110,000 level. While momentum is building, capital inflows remain lower than historical peaks, indicating room for further growth.
Bitcoin Eyes $130K Target as Support Holds Strong
Bitcoin’s price action aligns with bullish market expectations fueled by key technical indicators. Analysts observe that the coin is holding above $118,000, suggesting a steady uptrend. They also emphasize that the $110,000–$112,000 range provides a solid base for further gains.
The MVRV pricing model from Glassnode identifies $110,756 as a crucial long-term support level. Maintaining this support could push Bitcoin toward the +2.0 sigma level near $130,000. Current trading patterns reflect price movement near the upper +1.5sigma deviation level, signaling strong upside potential.
Bitcoin $BTC could surge toward $130,000 as long as the $110,000 support holds, according to the MVRV Pricing Bands. pic.twitter.com/dJDnCfaRA2
— Ali (@ali_charts) July 26, 2025
Analyst @Ali_charts states that Bitcoin’s price could rise further as it moves within this bullish technical range. A breakout beyond $119,500 could activate a fresh upward rally. Meanwhile, long-term investors are watching these support and resistance zones for directional confirmation.
Analysts Highlight Key Levels for Bitcoin’s Breakout
Michaël van de Poppe noted that Bitcoin is poised for a significant move if it holds above $116,800. His technical chart shows $119,500 as a key resistance, while accumulation zones lie between $110,000 and $112,000. These levels remain crucial for maintaining bullish momentum.
It's very clear; if #Bitcoin can hold above $116.8K, then we'll start to see new highs in the coming week. pic.twitter.com/jC0Gpg9db7
— Michaël van de Poppe (@CryptoMichNL) July 26, 2025
Bitcoin’s recent trading volume has declined by over 53%, even as its price stays above $118,000. This divergence points to sustained interest without excessive market euphoria. Market cap has reached $2.35 trillion, showing robust overall valuation strength.
Despite lower capital inflows, the bullish setup remains intact, and upward targets stay within reach. The 30-day crypto inflow sits at $82 billion, below the $135 billion recorded in December. This suggests the market has more room before reaching overheated sentiment levels.
Long-Term Optimism Grows for Bitcoin Amid Positive Signals
Veteran analyst Peter Brandt expressed confidence in Bitcoin’s dominance over the broader cryptocurrency market. He reinforced the view that Bitcoin retains its position as the primary digital asset. His sentiment aligns with growing bullish views among other leading market participants.
Technical strength and favorable inflow conditions suggest Bitcoin’s rally may continue in the medium term. Stability above current support levels remains the key factor to sustain further upside. As long as price levels hold firm, bullish momentum can persist and drive higher valuations.
