Was $109k in January a local top for the Bitcoin price? Was that a peak of this bull run? You can analyze altcoins as much as you want, these are hot questions in crypto right now.

Analytic platform ‘Cryptonary’ weighed in on the situation around Bitcoin price and whether BTC can break new ATH soon.

Bitcoin is now trading around $95,544. As per Cryptonary’s analysis, the market will likely stay range-bound between $85,500 and $98,920 until late July. This sideways movement is highlighted in their chart as an orange box. During this period, we might see BTC dip toward the low $80K area before any significant move up.

The RSI indicators currently show readings of 59.48 (close) and 47.63 (open). These numbers suggest a neutral to slightly bullish outlook, which fits with the prediction of a consolidation phase.

Bitcoin has major support around $71,825-$71,855. The key resistance level sits at $98,920. Breaking through this resistance will be necessary for any major upward movement.

The main reason for this expected sideways trading is uncertainty about Trump’s policies. The recent BTC rally happened partly because fears about Trump’s trade policies eased. However, there’s still a risk of a 10-15% flat tariff. If implemented, these tariffs could cause inflation to rise again. Higher inflation hurts consumer spending and corporate profits.

Read also: Will Cardano (ADA) Hit $10? Charles Hoskinson’s Bold Predictions and What Must Happen First

From September 17th onward, Cryptonary expects Bitcoin to break out upward. Their chart shows green arrows pointing to a powerful rally that could push BTC toward $125,000 or higher.

This timing matches up with expectations about policy changes. If tariffs do happen, they could push inflation higher around May/June 2025. This might force the Federal Reserve to delay interest rate cuts. As a result, Bitcoin and other financial markets might struggle to gain momentum in the short term.

60% of CEOs expect a recession in the next 6 months due to tariffs, CNBC says.

Cryptonary predicts that BTC will range between $80K and $100K for the next 4-6 weeks. We might see a retest of the low $80K range before any true breakout happens.

The long-term outlook remains positive. Cryptonary forecasts a major rally in late Q3 and into Q4 2025. This rally should continue into 2026, powered by Fed rate cuts and a more relaxed economic environment.

In short, Bitcoin investors might need patience in the short term. The market appears stuck between $85K and $98K until August or September. After that, we could see a strong move toward new all-time highs. The main factors to watch are tariff decisions and Federal Reserve policy. If economic conditions improve later this year, Bitcoin could target $125K+ in 2026.

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The post Bitcoin to New Highs? Yes, But There’s a Delay You Need to Know About appeared first on CaptainAltcoin.

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