Bitcoin Price Surge Nears All-Time Highs as Market Eyes Key Resistance Levels

Bitcoin continues its bullish momentum, trading at around $117,959 on July 27, 2025, marking a 73% year-over-year increase. Analysts predict further gains, with some targeting $121,000 to $145,000 in the coming trading weeks. The uptrend is fueled by strong buyer activity and macro optimism, although a short-term correction toward $112,500 is also possible before a renewed rally. Improved sentiment follows major legislative developments in the US and a global increase in crypto adoption.