Bitcoin bull market 2025: As we progress through June 2025, Bitcoin (BTC) has entered a period of sideways consolidation that has left many investors questioning whether the cryptocurrency’s bull run has come to an end. After reaching new all-time highs earlier this year, Bitcoin’s recent price action has been characterised by range-bound trading, sparking debates about the future direction of the world’s largest cryptocurrency.
Current Market Situation: Bitcoin’s Consolidation Phase
Bitcoin has been consolidating within a $102,000 to $112,000 range since May 2025, following a peak near $112,000 that marked a new all-time high. This consolidation period has now extended into June, with the cryptocurrency showing limited momentum in either direction.
The current trading range represents a natural cooling-off period after Bitcoin’s impressive rally earlier in 2025. Bitcoin saw a strong and steady rally in Q2, especially in April and May 2025, driven by easing trade war tensions, pushing the price to a new all-time high of $112K.
Key Price Levels to Watch
Technical analysts have identified several critical support and resistance levels that could determine Bitcoin’s next significant move:
Support Levels:
- $102,000 – $104,000: Primary support zone that has held multiple times
- $100,000: Psychological support level
- $97,000: Secondary support based on recent consolidation patterns
Resistance Levels:
- $112,000: Previous all-time high and current resistance
- $115,000 – $120,000: Next central resistance zone if breakout occurs
Expert Analysis: Is This Normal Bull Market Behaviour?
Historical Patterns Suggest Continuation
Market analysts point to historical precedents that suggest the current sideways action is typical behaviour during Bitcoin bull cycles. From a technical perspective, Bitcoin has been setting higher highs and lows since its price bottomed at $74,500, and each time after new highs, BTC has formed a sideways range before the next breakout.
This pattern of consolidation following major rallies has been observed in previous bull markets, where Bitcoin would pause to digest gains before continuing its upward trajectory.
Bull Market Timeline Projections
Several analysts remain optimistic about Bitcoin’s long-term prospects, with some suggesting the bull market is far from over. According to analysts, Bitcoin’s price action shows August 2025 is the ideal window for the current bull cycle’s peak.
Furthermore, cycle timing analysis suggests 925 days from low, with 140-150 days to potential top in Q3/Q4 2025, indicating that the current bull cycle may still have months to run.
Price Predictions and Market Outlook
Short-Term Forecasts
Near-term price predictions for Bitcoin remain cautiously optimistic:
- A likely trading range between $100,000 and $120,000 as BTC consolidates near its 200-EMA while holding onto a bullish long-term trend structure
- Some forecasts suggest Bitcoin could reach $138,112 by June 30, 2025
Long-Term Bull Market Targets
Despite the current consolidation, many analysts maintain extremely bullish long-term targets:
- $150,000 – $200,000: Multiple analysts have maintained these targets for 2025
- $330,000: Some analysts suggest BTC price could hit $330K in 2025
- Institutional Backing: Bernstein forecasts Bitcoin could hit $200,000 by 2025, driven by strong inflows into spot U.S. Bitcoin ETFs
Factors Supporting Continued Bull Market
1. Institutional Adoption Continues
The growing acceptance of Bitcoin by institutional investors remains a key driver. Spot Bitcoin ETFs have seen significant inflows, providing ongoing support for higher prices and reducing available supply on exchanges.
2. Halving Cycle Effects
Bitcoin’s fourth halving occurred on April 19, and past halvings have taken place during the early stages of bitcoin bull markets. The supply reduction from the halving typically takes several months to impact price action fully.
3. Technical Structure Remains Intact
The overall technical structure of Bitcoin’s chart remains bullish, with the cryptocurrency maintaining higher lows and showing no signs of a significant trend reversal. The current consolidation appears to be a healthy pause rather than a distribution phase.
Risk Factors and Bearish Scenarios
Potential Correction Levels
While the bull market thesis remains intact, analysts acknowledge potential downside risks:
- Bitcoin can defend its bull cycle in 2025, even with a 30% BTC price dip to $77,000
- A break below $100,000 could signal a deeper correction to the $90,000 – $95,000 range
Market Sentiment Indicators
Current market sentiment shows mixed signals, with some indicators pointing to neutral conditions rather than extreme bullishness, which could suggest room for either direction.
What This Means for Investors
For Long-Term Holders
The current sideways action presents an opportunity for long-term investors to accumulate at relatively stable prices before the next potential leg up. The fundamental drivers of the bull market remain intact, suggesting patience may be rewarded.
For Active Traders
Range-bound trading offers opportunities for experienced traders to profit from the oscillations between support and resistance levels. However, the risk of a sudden breakout in either direction requires careful risk management.
Conclusion: Bull Market Pause, Not End
Based on current analysis and expert opinions, Bitcoin’s sideways trading in June 2025 appears to be a healthy consolidation phase rather than the end of the bull market. The cryptocurrency has established a strong base above $100,000, and multiple factors continue to support higher prices over the medium to long term.