Bitcoin's Bull Run: Analysts Predict Surge Through July!

Hold Tight, Crypto Fans: Bitcoin's Ready to Soar!

Get ready, Bitcoin enthusiasts! Analysts are buzzing with predictions that Bitcoin could ride a wave of favorable market conditions straight through July. But hold onto your hats, because seasonal headwinds and looming tariff deadlines might shake things up after that!

Since April, Bitcoin (BTC) has skyrocketed over 25%, and it's now chilling near $106,000. The vibes are electric, and Matrixport analysts are shouting from the rooftops that we might see a new all-time high soon. In their latest report on Friday, they spilled the beans on several positive catalysts that could send Bitcoin soaring into the stratosphere!

📃#MatrixOnTarget Report - May 16, 2025 ⬇️

Could Bitcoin Quietly Explode into June?#Matrixport #BTC #Bitcoin #Crypto #CryptoMarket #BTCOptions #OptionsTrading #CryptoNews pic.twitter.com/uTTlWL5noM

According to Matrixport's report, Bitcoin is back at the top of its range at $106,000, and with a bunch of positive catalysts on the horizon, a new all-time high is totally within reach! One of the biggest near-term catalysts? The upcoming round of FTX creditor distributions, set to kick off around May 30, according to the analysts.

"This round of distributions could total a whopping $5 billion in stablecoins, and you better believe a huge chunk of that is gonna be thrown right back into the crypto markets. This cash influx could supercharge momentum in June, perfectly complementing the strong liquidity from Bitcoin ETFs and the ongoing stablecoin party!"

Matrixport

Matrixport isn't stopping there—they're also pointing to the continuous cash flow into Bitcoin ETFs as a major driver. Alongside the FTX-related liquidity, they're calling it a "favorable window until July" where all the stars could align. We're talking the end of the 90-day tariff truce, the start of Q2 earnings season, and a possible peak in their internal liquidity measure.

And get this—even political developments might give Bitcoin a boost. U.S. President Donald Trump has shifted his focus to announcing inbound investments and deals, which the analysts say is "bolstering positive sentiment for both the stock market and Bitcoin."

Matrixport is all in on the broader environment staying supportive, especially with "potential deregulation efforts" and what they call "a coordinated interest in keeping Bitcoin prices high." They've been holding a constructive view ever since Bitcoin broke above $84,500, and they're not backing down now!