Bitcoin Price Prediction: Analysts Eye $135K Surge in June

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, could rally to $135,000 in June, according to prominent trader and technical analyst Chris Vermeulen. Vermeulen highlights that Bitcoin is showing a strikingly similar chart pattern to late 2024, suggesting a significant breakout is near. “The chart is primed and ready. We are long Bitcoin, and it is ready to have a big pop and move,” he stated.

At the time of writing, Bitcoin is trading at $109,879, up nearly 3% over the past week, according to CoinGecko. The cryptocurrency hit a record high of approximately $112,000 on the Bitstamp exchange last week, fueled by strong ETF inflows and institutional demand. This momentum has been further driven by companies like Strategy and its imitators, who continue to accumulate Bitcoin.

Institutional adoption is playing a major role in Bitcoin’s bullish trend, with firms like JPMorgan forecasting that BTC will outperform gold in the second half of 2025. Additionally, potential state-level strategic reserve legislation is expected to strengthen Bitcoin’s position as a macro asset.

Other high-profile predictions include author Robert Kiyosaki’s call for Bitcoin to reach $250,000 this year, while analysts at Standard Chartered maintain their forecast of $200,000. With strong momentum, growing adoption, and bullish sentiment from both independent analysts and financial institutions, Bitcoin’s outlook remains highly optimistic as June approaches.

This surge reflects not just speculative interest, but broader shifts in how Bitcoin is being integrated into global financial strategies, potentially marking a new phase in its long-term value trajectory.