Matrixport Predicts New Bitcoin All-Time High by July – Here is Why
Bitcoin has surged close to its all time high, marking a strong continuation of the bullish wave that began in early spring.
Despite briefly pulling back, analysts at leading crypto research firm Matrixport are forecasting even higher gains in the coming months—potentially culminating in a new all-time high (ATH) by July.
Macro Tailwinds and Political Influence
Matrixport’s latest outlook is fueled by a confluence of favorable factors. Analysts point to a clear shift in trend as near-term bearish risks ease and upside momentum gains strength.
One significant factor: U.S. President Donald Trump’s pro-investment stance, which analysts believe is shaping market sentiment. “Additional positive developments, such as extensions of Trump-era tax cuts and potential deregulation efforts, could further boost economic optimism,” Matrixport stated.
Institutional Demand and Supply Pressure
Another catalyst is the increasing institutional interest in Bitcoin. As more companies add BTC to their balance sheets, supply could tighten, creating a price-squeezing effect that fuels further upside.
Additionally, Matrixport highlighted the upcoming FTX creditor payouts, which are expected to begin around May 30, 2025, for accounts exceeding $50,000. This influx of capital could re-enter the market, providing another bullish jolt.
Looking Ahead
Matrixport analysts remain confident in BTC’s strength, forecasting continued bullish momentum through July, with the possibility of a record-breaking high during that period.
“Bitcoin’s trend is now clearly tilted to the upside. With macro and micro catalysts aligning, the path toward a new ATH looks increasingly likely,” the report concluded.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
