Financial analyst David Zanoni issued an optimistic prognosis for the near future of Bitcoin (BTC), highlighting that the next month will be key to currency and prices could rise significantly.
According to Zanoni, the market, as in the previous cycle, has entered the final stages of this upward cycle, historically leading to a significant increase in BTC value. In that sense, experts maintain his prediction that the price of Bitcoin could reach at least 150,000 US dollars in this cycle.
Compared to other assets, Bitcoin performed better in 2025. The S&P 500 has recorded a growth of less than 9% so far this year, while BTC has experienced a growth of 28%, as seen in the following graph. This asset could surpass the broader market in terms of performance this year.
One of the most decisive factors in this cycle is the increased institutional demand from BTC. Zanoni remembers that large companies such as Strategy are buying a large amount of BTC. Currently, the company entity has 628,946 BTC, and its ongoing purchasing plans reflects an increase in demand.
Additionally, other companies such as Mara Holdings (50,639 BTC) and Twenty One Capital (43,514 BTC) have invested in digital currencies, highlighting the growing influence of the institutional sector in the market.
The following image shows the top 100 stock exchange companies accumulating more Bitcoin than ever before.
Similarly, an increase in institutional demand is driven by the inclusion of BTC in funds cited in the stock market (ETF). These BTC-based investment instruments were approved in January 2024, and as more than $150 million is in liquidity for these products, What has led Bitcoin to more exposure to large investors? Zanoni asserts that as the manager of the compensation and father.
In the following graph in Sosovalue, the increase in total net volume of Bitcoin ETFs since January 2024:
The impact of government actions and strategic preparation
Meanwhile, on August 7, 2025, US President Donald Trump signed an executive order allowing cryptocurrency to be included in Plan 401(k), as reported by Crypto. If it is implemented in a generalized way, this measure could lead to a significant increase in demand for BTC, Zanoni said.
“A more generalized offer on various retirement plans will likely increase demand for Bitcoin and put bullish pressure on prices,” the specialist said.
Additionally, some countries are taking strategic measures by establishing Bitcoin reserves. This helps to integrate the acceptance of assets. For example, the US and China accumulate large quantities of BTC, including 200,000 and 190,000 BTC, respectively.
Other countries such as the UK, Butane and El Salvador have also created reservations. This helps generate positive Bitcoin recognition among institutional and private investors.
Technical perspective and potential price increases
From a technical standpoint, the analysis of BTC graphics shows a bullish signal. For example, on a daily chart, there is a hidden bullish divergence as the currency prices show a higher minimum and the relative force index (RSI) shows a lower minimum. This type of pattern usually indicates that prices can riseI propose Zanoni.
Additionally, the MACD indicator has begun retrieving the land after a mass sale of 80,000 BTC in July, suggesting sales pressure is declining. As the MACD continues to climb and the histogram bar turns green, a new bullish trend is confirmed.
In a more extensive analysis, the BTC monthly chart shows that the RSI has not yet exceeded the 70 level. Showing that there is room for price increases Before entering the overcomplete territory.
Previous cycles show that when RSI is entered into the overcomplete zone, Bitcoin prices tend to rise significantly, so you could see price increases as half the cycle approaches its end.
“I would like to point out that the previous cycle is consistent over a period of several days. For example, the last two halves of cycles lasted 1,064 days from the lowest to the highest price. The first cycle lasted a little longer at 1,148 days. The educated assumption based on the previous cycle says that this cycle should last until at least October.
Financial analyst David Zanoni.
Risks and warnings for investors
The perspective is positive, but There are certain risks that investors must consider. One of the main things is that Bitcoin prices are rising, but purchases show signs of slowing down from April to July. If volume does not recover in the coming months, the price could reach a maximum point of nearly 123,000 USD, analysts warn.
Another risk is the inherent volatility of Bitcoin. The currency price reached a new maximum in each cycle, but after the price peaks, it also experiences a major fall of up to 70%.
While many BTC defenders are driving purchase and maintenance strategies, investors should be aware of the possibility of deep fixes and have an exit strategy in mind, experts recommend.
For the near future, Zanoni predicts price gatherings will continue in August and September. The upward cycle can be extended until October 2025, but the current cycle could be extended further, he said.
Zanoni predicts that in any case, the price of BTC could reach at least USD 150,000, representing a significant increase compared to USD 15,000, which reached 2022.
The gold market also affects Bitcoin
An additional factor that could affect Bitcoin’s behavior is movement in the gold market. Financial analyst Sean Brodrick says if gold can break the $3,400 per ounce barrier, A new bullish stage will open that could benefit BTCCryptonotic Report.
Historically, this type of gold movement tends to predict BTC movement. The analysis shows that the maximum and minimum values of gold have the maximum and minimum values of digital currency, as shown in the following graph. Recent gold enhancements may be a sign that BTC has not yet touched the roof.
Furthermore, the Weiss Crypto company estimates that BTC can reach a new historic maximum in November 2025, based on a technical model that combines historical data with current analyses. If gold continues to overcome USD 3,450 in one ounce, The upward cycle of Bitcoin can last for a long time until 2026.
For the near future, forecasts refer to the Bitcoin integration phase. In the third quarter of 2025, BTC registered a accumulated positive performance of +8.76%. This suggests stabilization after strong rebound. The second quarter ended with an increase of +29.74%, with the first quarter falling by -11.82%. This pattern shows the possibility of integration before the new bullish movement.
Analyst Marija Matic suggests that this integration period is natural and does not necessarily indicate a “crypto winter.” According to Matic, this could be a break before rebound driven by seasonal factors, macroeconomic dynamics and market expectations.
Future forecast: From 2025 onwards
From a cyclical perspective, analysts such as Ryan Lee De Bitget Research have argued that Bitcoin could exceed $130,000 in the second half of 2025. Standard chartered banks will achieve their $300,000 target by 2026 and continue their $500,000 upward cycle at $2027 and $2028.
Finally, analyst Willie Wu agrees with the idea that the market is in the final stages of the current upward cycle, but does not rule out that Bitcoin facility heat can continue to raise prices beyond 2025.
In summary, the next month is important for Bitcoin. A combination of limited supply, growing institutional demand, favorable government policies, and technology analysis. BTC could potentially increase in prices significantly. However, Zanoni warns that he is warning. Investors need to be cautious and follow the market movements closely to maximize profits and manage risks.