🚀 Bitcoin Primed for $135K Surge as Breakout Rally Accelerates This July

Bitcoin's bulls are back in control—and one analyst sees the crypto king charging toward $135,000 as its breakout rally kicks into high gear.

The setup: After weeks of consolidation, BTC's chart structure now mirrors previous pre-bull run patterns. Traders are piling in as institutional inflows hit a 2025 high.

The catalyst: Liquidity floods the market post-Q2 earnings season (because what else would Wall Street do with spare cash besides gambling on volatility?).

Why it matters: A clean break above current resistance could trigger algorithmic buying frenzies—potentially creating the FOMO spike needed to test six figures by August.

Just remember: When your Uber driver starts quoting Fibonacci retracements, it might be time to check your stop-losses.

Stocks Tracking BTC Would See Possible Surge: Stockton

According to Stockton, Coinbase and Michael Saylor’s Strategy stocks that track BTC markets are also likely to perform well. Besides, she also cited Ether and XRP movements, adding that there is “positive action across the universe of cryptocurrencies.”

“From a technical perspective, we are seeing some pretty actionable breakouts, where some are major breakouts, some are minor breakouts,” she told CNBC’s “Closing Bell” team.

Individual stocks that have performed alongside these cryptos have really benefited too, she added. The analyst identified a cup-and-handle pattern on Coinbase stocks, which further supports this optimistic outlook.

Strategy (formerly MicroStrategy) has also maintained a long-term uptrend with highs and lows and now has a short-term breakout of its own.

“So, there does seem to be positive action across the board,” she noted.

Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, attributed Bitcoin’s growth to growing institutional adoption. He told Cryptonews that the sheer scale of ETF demand suggests continued upside.

“A short-term pullback looks unlikely, with Bitcoin more likely to test higher levels in the weeks ahead,” he said.

Further, despite ETF-driven inflows into ethereum and tokenization narratives, Bitcoin dominance remains high.

“Until BTC dominance decisively breaks below 62% and ETH/BTC strengthens further, Bitcoin will likely continue capping alternative LAYER growth.”