“The next months can be epic for Bitcoin”: David Zanoni

Monetary analyst David Zanoni issued an optimistic prognosis in regards to the close to way forward for Bitcoin (BTC) highlighting that the subsequent months might be key to the foreign money, with a major enhance potential in its worth.

In response to Zanoni, the market is getting into the ultimate stage of this upward cycle, much like the earlier cycles, which has traditionally led to essential will increase within the worth of BTC. In that sense, the specialist maintains his forecast that Bitcoin’s worth may attain no less than USD 150,000 on this cycle.

In comparison with different property, Bitcoin has proven the next efficiency in 2025. Whereas the S&P 500 has registered a rise of lower than 9% to date this yr, BTC has skilled a development of 28%, as seen within the following graph, which reinforces the concept that The asset may exceed the broader market when it comes to efficiency this yr.

One of the vital decisive elements on this cycle is the rising institutional demand by BTC. Zanoni remembers that giant -scale firms, similar to Technique, have been shopping for giant quantities of BTC. At present, that company entity has 628,946 BTC, and its steady buying plan displays a rise in demand.

As well as, different firms similar to Mara Holdings (50,639 BTC) and Twenty One Capital (43,514 BTC) are investing within the digital foreign money, which underlines the rising affect of the institutional sector available in the market.

The next picture reveals the High 100 of inventory alternate firms that accumulate extra bitcoin to this point:

Likewise, the rise in institutional demand has been promoted by the inclusion of BTC within the funds quoted within the inventory market (ETF). Since these BTC -based funding autos have been authorised in January 2024, greater than 150,000 million {dollars} have fluid to those merchandise, what has resulted in a larger publicity of Bitcoin to giant traders As protection funds and patrimonial directors, Zanoni argues.

Within the following graph of Sosovalue, the rise within the whole internet quantity of Bitcoin ETFs since January 2024:

The influence of presidency actions and strategic reserves

Alternatively, on August 7, 2025, the president of the USA, Donald Trump, signed an govt order that permits the inclusion of cryptocurrencies in plans 401 (Okay), as cryptoics reported. Whether it is applied in a generalized method, this measure may result in a major enhance in BTC’s demand, says Zanoni.

“A extra generalized provide in a wide range of retirement plans would most likely enhance Bitcoin’s demand, exerting bullish stress on the worth,” stated the specialist.

As well as, some international locations are taking strategic measures by establishing Bitcoin reserves, which helps consolidate the acceptance of the asset. The USA and China, for instance, have collected giant quantities of BTC, with 200,000 and 190,000 BTC respectively.

Different international locations, similar to the UK, Bután and El Salvador, have additionally created reservations, which It helps create a optimistic Bitcoin notion amongst institutional and personal traders.

Technical perspective and potential worth enhance

From a technical viewpoint, the evaluation of the BTC graphics reveals bullish indicators. Within the day by day chart, for instance, there’s a hidden bullish divergence, for the reason that worth of the foreign money has proven the next minimal, whereas the relative drive index (RSI) has proven a decrease minimal. The sort of sample normally signifies that the worth may transfer upSuggests Zanoni.

As well as, the MACD indicator has begun to get better land after a mass sale in July 80,000 BTC, suggesting that the gross sales stress is reducing. If the MACD continues to climb and the histogram bars turn out to be inexperienced, a brand new bullish pattern can be confirmed.

In a broader evaluation, the BTC month-to-month chart reveals that the RSI has not but exceeded the extent of 70, indicating that there’s room for a rise within the worth Earlier than getting into the territory of overcompra.

The earlier cycles have proven that the worth of Bitcoin tends to rise significantly when the RSI is entered into overcompra zones, so it’s potential {that a} worth enhance is seen because the halving cycle approaches its finish.

“I wish to level out that the earlier cycles have been constant when it comes to period in days. For instance, the final two Halving cycles lasted precisely 1,064 days from the minimal of the worth to the utmost of the worth. The primary cycle lasted a bit longer, with 1,148 days. Then, if we use 1,064 days, the present cycle would take us till October 2025. Additionally it is potential that this cycle lasts roughly than the earlier cycles. Educated assumption based mostly on earlier cycles says that this cycle ought to final no less than till October. ”

David Zanoni, monetary analyst.

Dangers and warnings for traders

Though views are optimistic, There are particular dangers that traders should bear in mind. One of many most important ones is that, though the worth of Bitcoin has been rising, the quantity of purchases has proven indicators of deceleration from April to July. If the quantity doesn’t get better within the coming months, the worth may have reached its most level close to the USD 123,000, the analyst warns.

One other threat is Bitcoin’s inherent volatility. Though the worth of the foreign money has reached new maximums in every cycle, it has additionally skilled important falls, as much as 70% after the worth peaks.

Though many BTC defenders promote the technique of shopping for and sustaining, traders should pay attention to the potential for deep corrections and have an exit technique in thoughts, recommends the specialist.

As for the close to future, Zanoni initiatives that the worth rally will proceed in the course of the months of August and September. Though the upward cycle might be prolonged till October 2025, there’s the likelihood that the present cycle extends much more, he stated.

Zanoni, in any case, maintains its forecast that the worth of BTC may attain no less than the USD 150,000, which might characterize a considerable enhance in comparison with the USD 15,000 reached in 2022.

The gold market additionally influences Bitcoin

An extra issue that would affect Bitcoin’s habits is the motion of the gold market. The monetary analyst Sean Brodrick means that, if the gold manages to interrupt the USD 3,400 barrier per ounce, A brand new bullish section that would profit BTC would openCryptonotic reviews.

It’s that, traditionally, any such actions in gold are likely to anticipate BTC actions. The evaluation has proven that the utmost and minimal within the gold precede these of the digital foreign money, as proven within the following graph, so The current strengthening of gold might be an indication that BTC has not but touched its roof.

As well as, the Weiss Crypto agency estimates that BTC may attain a brand new historic most in November 2025, based mostly on a technical mannequin that mixes historic information and present evaluation. If gold continues to beat the USD 3,450 on an oz., Bitcoin’s upward cycle may proceed for an extended time, even till 2026.

As for the fast future, the projections level to a consolidation section for Bitcoin. Throughout the third quarter of 2025, BTC has registered an collected optimistic efficiency of +8.76%, which suggests a stabilization after a powerful rebound. The second quarter closed with a rise of +29.74%, whereas the primary quarter recorded a drop of -11.82%. This sample signifies a potential consolidation earlier than a brand new bullish motion.

The analyst Marija Matic means that this consolidation interval is pure and doesn’t essentially point out a “crypto winter.” In response to Matic, this might solely be a break earlier than a rebound pushed by seasonal elements, macroeconomic dynamics and market expectations.

Future projections: 2025 and past

From a cyclical perspective, analysts similar to Ryan Lee de Bitget Analysis argue that Bitcoin may exceed $ 130,000 within the late 2025. For its half, the Normal Chartered Financial institution initiatives a continuation of the upward cycle with targets of $ 300,000 by 2026, $ 400,000 for 2027 and 500,000 {dollars} by 2028.

Lastly, analyst Willy Woo additionally agrees with the concept that the market is within the remaining section of the present upward cycle, however doesn’t rule out that Bitcoin institutional fever can proceed to spice up the worth past 2025.

In abstract, the subsequent months can be essential for Bitcoin. The mix of a restricted provide, the rising institutional demand, favorable authorities insurance policies and technical evaluation recommend that BTC may expertise a major enhance in its worth. Nonetheless, Zanoni warns, traders have to be cautious and carefully comply with market actions to maximise their income and handle dangers.