Bitcoin (BTC) Price Analysis (July 14, 2025): Weekly Structure Break Fuels Bullish Outlook

Bitcoin is trading just above $122,000 and continues to look strong in the short term. The breakout from the bullish flag on the daily chart, which we’ve been tracking over the past month, has kicked off a solid move to the upside. Momentum is clearly favoring the bulls right now, and higher targets are on the table in the coming days. Let’s dive into the charts to map out what’s next for Bitcoin in the short term.

Analyzing the Charts

Looking at the daily chart, Bitcoin is showing strong follow-through after the breakout. The price has been climbing steadily, with a series of long green candles confirming bullish momentum. This move has already taken Bitcoin above the $120,000 level, and so far, buyers continue to stay in control as momentum builds.

Now switching to the 4-hour timeframe, momentum in the short term still looks solid. With the breakout holding strong, the next target sits around the $130,000 level, and current price action makes that move look increasingly likely. From a Bitcoin price prediction perspective, this setup supports a continued push higher, as long as the $119,000 support holds in the immediate short term. It’s the key level to watch in case of any pullback on the lower timeframes. We also have major support around the $110,000 region that could be tested in case of a pullback. However, that seems unlikely at the moment.

The 1-week timeframe also paints a bullish macro picture. Bitcoin has broken above a long-standing resistance trendline and is now pushing out of an inverse head and shoulders pattern that formed just below it. This is a major technical development and confirms that Bitcoin still has strong momentum behind it. We could see a bit more upside in the short term before things start to cool off and a correction sets in.

Final Takeaway: What is Next for Bitcoin (BTC)?

Bitcoin is trading just above $121,000 with strong momentum across all major timeframes. The breakout above $119,000 has flipped that level into support, and price action points toward a possible move to $130,000 in the short term. More importantly, the breakout on the weekly chart above the long-term resistance trendline adds weight to the bullish outlook. As long as momentum holds, Bitcoin is likely to continue its uptrend, even if a brief cooldown happens along the way.