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Bitcoin Price Forecast (JULY): Experts Split Between $70K Rally and Deeper Correction

Published by
Debashree Patra

As Bitcoin continues to trade around key resistance levels, market analysts remain divided on its next move. While several traders expect a rally toward $67,000–$70,000 over the next one to two weeks, others warn that losing critical support could trigger another correction. 

Here’s a roundup of the latest forecasts.

Michaël van de Poppe: Rally to $68K Before August Surge

Crypto analyst Michaël van de Poppe believes Bitcoin has flipped key moving averages into support while holding the crucial $61,000 level.

He expects Bitcoin to reach $68,000 within the next one to two weeks, followed by a move toward $75,000–$80,000 in August if momentum continues.

“I’m expecting to see a rally to $68,000 in the next 1-2 weeks.” van de Poppe said. 

Ali Martinez: $64.7K Is the Deciding Level

Analyst Ali Martinez says Bitcoin’s next move depends on whether it can break the top of its trading channel at $64,700.

According to him:

  • Above $64,700: Targets open at $66,400, then $68,000.
  • Failure at resistance: Bitcoin could fall back to $63,000 or even $61,500.

He considers $64,700 the key breakout level traders should monitor.

Kalshi Traders: Market Bets on $68K This Month

Prediction market Kalshi traders are also leaning bullish.

The platform currently prices in Bitcoin reaching around $68,000 before the end of the month, reflecting growing confidence that BTC could extend its recovery if current support levels remain intact.

Crypto Tony: Bullish Unless $61.1K Breaks

Crypto analyst Crypto Tony said Bitcoin may still be completing a corrective B-wave, but he isn’t turning bearish yet. He says:

  • Stay bullish while Bitcoin remains above $61,100.
  • If that level breaks and holds as resistance, he would consider short positions.
  • Otherwise, he’s targeting $67,000–$70,000 over the coming weeks.

Ted Pillows: Watch the $65K Close

Analyst Ted Pillows says Bitcoin briefly attempted to reclaim $65,000 but failed.

According to him, a daily close above $65,000 would likely trigger a quick move toward $67,500–$68,000, making it one of the most important short-term resistance levels.

That Martini Guy: Liquidity Points to $65.7K

Trader, That Martini Guy said Bitcoin’s next move could be driven by liquidity.

He notes a large cluster of short liquidations between $65,500 and $65,700, which often attracts price during strong momentum.

  • Hold above $64,000: Bitcoin could rally into the liquidation zone.
  • Lose $64,000: The next downside target becomes $63,000.

Daan Crypto Trades Sees $70K+ as Next Target

Crypto analyst Daan Crypto Trades says Bitcoin needs to hold its current support zone to keep the bullish momentum intact. If BTC breaks above $65.6K and then $67.2K, it could trigger a stronger rally, with $70K+ becoming the next major target.

Bearish View: Peter Schiff Sticks to His Call

Longtime Bitcoin critic Peter Schiff remains unconvinced by the recent recovery. He argues that while many regret not buying Bitcoin earlier, investors could eventually regret not selling above $60,000, maintaining his long-standing bearish outlook despite Bitcoin’s resilience.

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Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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