Bitcoin Primed for Explosive Rally After Bullish Weekly Close—Here’s Why
Bitcoin just flashed its most bullish signal in months—and traders are betting big on what comes next.
The king of crypto closed the week with a decisive breakout, smashing through key resistance levels. Now, analysts say the stage is set for a potential parabolic move.
The Technical Setup:
Weekly candles haven’t looked this strong since the last halving cycle. With institutional inflows creeping up and retail FOMO still in early stages, the perfect storm might be brewing.
Wall Street’s Love-Hate Affair:
Meanwhile, traditional finance types are quietly stacking BTC while publicly dismissing it—classic "buy the rumor, sell the news" behavior. Guess they haven’t forgiven crypto for outperforming their precious S&P 500... again.
One thing’s certain: When Bitcoin gets this kind of momentum, even the skeptics start checking their old seed phrases.
A New Bitcoin ATH This Week?
Bitcoin is less than 3% away from its all-time high, having recovered from its dip to $115,000 on Friday. The asset hit an intraday high of $119,754 in late trading on Sunday, resulting in the bullish weekly candle closure.
“Bitcoin will find ways to shake investors out of their positions during price discovery uptrends,” said the analyst.
Fellow commentator ‘CrypNeuvo’ identified a large liquidation cluster at $113,800, stating, “I consider the downside liquidation cluster to be the natural target in the mid-term:” $114,500 to 113,600.
There is also an unfilled CME gap at $114,300, which “supports my projection of bitcoin possibly attacking that liquidation cluster in the next 1-2 weeks,” he said.
Meanwhile, ‘Nunya Bizniz’ zoomed out, saying that there could be a big MOVE to $164,000 before a retest of $109,000 if previous chart patterns repeated.
BTC weekly:
Pattern repeat = $164K then $109K.
pic.twitter.com/jgVvqRhHLD
— Nunya Bizniz (@Pladizow) July 26, 2025
Bitcoin had returned to the middle of its range-bound channel during the Monday morning Asian trading session, building on weekend momentum.
A big week lies ahead with US inflation reports, American and Japanese central bank rate decisions, and a trade tariff deadline, which could all add to the volatility.
Ether Setting Up For Monster Move
ETH is currently outperforming BTC as it has for the past fortnight. The asset has surged 3.5% on the day to hit a seven-month high of $3,940, and analysts see bigger moves ahead.
Ether just posted its fifth green weekly candle in a row, closing at $3,873 on Coinbase, according to Tradingview.
Analyst ‘Merlijn The Trader’ observed a fresh MACD crossover and a three-year squeeze reaching its apex. “Break $4,200 and ETH will rip like 2021,” he said.
ETHEREUM IS SETTING UP FOR A MONSTER MOVE!!
Massive bullish monthly candle
Fresh MACD crossover
3-year squeeze reaching its apex
Break $4,200 and $ETH will rip like 2021.
Those who didn’t reload… will remember this moment.
DON’T SAY WE DIDN’T SIGNAL IT. pic.twitter.com/FqA0LPj1OL
— Merlijn The Trader (@MerlijnTrader) July 27, 2025
Despite the mammoth monthly move by Ether, the asset remains down almost 20% from its 2021 all-time high.
Nevertheless, most are in agreement that this is now just a matter of time, given the unprecedented demand for the asset from institutions and corporations.
