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The Analysis Company shared its date prediction for the new ATH in Bitcoin (BTC) price! They listed what they expect!
Bitcoin (BTC) has achieved significant gains in the last rise wave and has risen above 105 thousand dollars.
However, as the rise wave in Bitcoin turns from 106 thousand dollars, the cryptocurrency analysis platform Matrixport stated that it expects BTC to reach a new record level this summer.
Matrixport analysts predict that Bitcoin could reach a new all-time high in the coming months with the support of the positive macro environment.
At this point, Matrixport stated that the trend of BTC has become clearer with the alleviation of short-term downside risks and has shifted in an upward direction.
Analysts noted that U.S. President Donald Trump's focus on investments and deals is important in the trend change.
"Extensions of tax cuts from the Trump era and additional positive developments such as efforts to deregulate may further increase growth expectations.
As more companies acquire Bitcoin, it may cause a higher squeeze in Bitcoin prices.
Another important catalyst is the upcoming FTX payments for creditor accounts exceeding $50,000, which are planned to start around May 30, 2025.
All of this could bring Bitcoin to a new ATH by July.
As a result, Matrixport expects BTC to remain on the rise until July and reach a new ATH.