Can the Current Price of Bitcoin Push It to $150,000?

The current price of Bitcoin hovers near $118,000, reflecting its resilient recovery and investor optimism. With bullish momentum building and demand intensifying, speculation is growing: could BTC soon hit the $150,000 mark? Glassnode, a leading analytics firm, suggests that if the present buying pressure continues, a price surge to $136,000 is possible. But what will it take to push Bitcoin beyond that milestone?

BTC's Current Price Trend and Momentum

Source: Bitrue

Bitcoin has climbed steadily in recent weeks, driven by macroeconomic factors, increased institutional interest, and strong market sentiment. As of July 18, 2025, BTC is trading around $118,928.95 with relatively low volatility and increasing buying volume. These conditions provide fertile ground for price expansion.

Glassnode’s analysis identifies a key trend: 95% of short-term holders (STHs) are in profit, significantly above the long-term mean of 88%. Historically, this has been a precursor to either sharp upward movements—or distribution phases that temporarily halt rallies.

READ ALSO: Bitcoin Steady Near All-Time Highs as Ether Rallies

Price Prediction and Resistance Zones

Glassnode's Short-Term Holder (STH) Cost Basis model places the next resistance zone just under $140,000. If BTC can sustain its current trend and break through that psychological barrier, the path to $150,000 becomes viable.

However, there's a potential hurdle: short-term holders may start taking profits soon. With many sitting on sizeable unrealized gains, the temptation to sell could trigger a brief correction or sideways consolidation.

Will Bitcoin Hit $150,000?

For BTC to break past $136,000 and march toward $150,000, a few conditions need to align:

• Continued demand from retail and institutional investors

• Low selling pressure from short-term holders

• Stable macroeconomic conditions supporting risk-on assets

• A clear breakout above $140,000 resistance

Analysts agree that the current price of Bitcoin offers strong upside potential, but it must be accompanied by volume, patience, and resilience from holders.

READ ALSO: UK Treasury Plans to Sell $7 Billion in Seized Bitcoin

The Bitrue Perspective

Bitrue remains one of the few exchanges offering structured insights into advanced trading behaviors. Its platform highlights how metrics like STH profitability and volume surges can signal major shifts in BTC direction. For traders seeking to capitalize on the next big move, understanding these models is essential.

Conclusion

Bitcoin is in a bullish cycle, and its current price puts it within striking distance of $136,000. But whether it can push beyond and reach $150,000 depends on short-term holder behavior and continued buying pressure. While optimism is high, volatility and profit-taking risks remain. As always, traders should stay informed and manage their risk carefully.

FAQ

What is Bitcoin's current price?

As of July 18, 2025, Bitcoin is trading at around $118,257.

What is the short-term price target for BTC?

Analysts suggest BTC could reach $136,000 if demand persists.

Can Bitcoin hit $150,000 this year?

It’s possible, but BTC must first break key resistance near $140,000 and maintain upward momentum.

What risks should traders watch for?

Short-term holders may sell to secure profits, which could trigger a correction.