Bitcoin holds $106K after record monthly close – Is $115K next? 🚀

Bitcoin is trading steady around $106,000 after closing June at a record high, and the mood in the market feels cautiously bullish. Analysts are pointing out that BTC reclaimed key EMAs and is now consolidating just under a major supply zone between $108K and $110K. If bulls can push through, some are eyeing a breakout toward $114,500 or even $115,000 this month.

What’s interesting is that technical indicators like the RSI are rising but not yet overbought, so there’s still room for upside if momentum continues. On the flip side, a failed breakout could mean a quick retrace to the $103K–$104K zone, or even back to $100K if things turn bearish.

Some price predictions for July 2025 are even more optimistic, with experts forecasting an average BTC price of $127,800 and potential highs above $137K later in the year.But as always, macro factors, ETF flows, and regulatory headlines could shake things up fast.

What’s your take? Are we about to see a big move above $110K, or is this just another consolidation before the next leg up (or down)? Anyone adjusting their strategy for July?

Sources: CoinEdition, Changelly, Finance Magnates