Bitcoin is expected to cross $110,500 by July 31 on the expectation of a US Federal Reserve interest rate cut (meeting scheduled between July 29 to 30), otherwise a fall till $105,000 seems probable.
Where is Bitcoin Headed This Month?
Bitcoin’s price behavior this month depends a lot on the US Fed’s upcoming interest rate meeting on July 29 to 30. This meeting is expected to result in a rate cut of at least 0.25%. If this rate cut takes place, Bitcoin could make a new ATH soon above $111,970.
An unchanged interest rate could correct Bitcoin towards $105,000 but the price is not expected to crash further.
Fundamentals
Bitcoin has seen major price improvement over the last couple of months, May and Jun 2025 due to strong corporate buying. This price strength gives Bitcoin the power to sustain above $100k levels.
The second major aspect working in favor of Bitcoin is the calming down of the geopolitical situation between Iran and Israel. This gave investors the courage to keep investing and not run away with fiat as happens during other global crises.
The third major factor working for Bitcoin is the undergoing trade deals between the USA and other countries. This prevents the destruction of global supply chains and keeps macroeconomic factors stable. Ultimately, this results in a recession-free and stable world economics.
Technical Analysis
Bitcoin’s technical charts show that it has been in an upwards trend caused by strong corporate buying. This trend could sustain in the near future as long as Bitcoin is supported by micro and macro economic factors.
We have used 1D charts to understand Bitcoin’s price behavior in July 2025.
This chart indicates a potential breakout for Bitcoin around July 31.
On the upside $110,500 remains a critical hurdle above which $111,970 remains the next resistance for a new ATH.
On the downside, $105,000 acting as a resistance. However, if this breaks, we could see Bitcoin fall to $100,000 levels within the first week of August 2025.
Price Prediction
Bitcoin is expected to cross $110,469 by July 31 if the interest rate meetings goes as per market expectations. If this happens, there could be a new ATH within the first week of August 2025.
An unchanged interest rate could lead to a fall to $105,000 which would trigger another round of corporate buying. Lately, Metaplanet, Strategy, and many others have bought a large chunk of Bitcoins.
