Bitcoin Is a Day Away From Its Highest Monthly Close Ever, Could $135,000 ATH Arrive Next?

Bitcoin is a day away from its highest monthly close ever.

This could result in a very bullish upward price surge.

BTC could hit the next ATH target set at $135,000

The crypto market seems to be on the precipice of a highly bullish upward surge. As the month of June and Q2 near a close, analysts notice a highly bullish indicator. At the moment, Bitcoin is a day away from making its highest monthly close ever, which analysts know is a very bullish sign. Could the price of BTC be preparing to hit a new TH price, and how high can the pioneer crypto asset go in Q3?

Bitcoin is a Day Away From Its Highest Monthly Close Ever

2025 has been an interesting year for Bitcoin, proving to be a climactic part of the ongoing crypto bull cycle. The year began with Bitcoin setting a new 6-digit ATH price, only to then follow it up with a brutal and prolonged correction phase, which took the price of BTC from $95,000 to the lower $70,000 price range, practically undoing the BTC price pump since before the Bitcoin Halving event

For the rest of Q1, the crypto market remained in a correction state until it turned to a recovery state in Q2. During this quarter, the price of BTC experienced a few ups and downs, but still went on the set a new ATH and continued to hold strong in 6-digit prices despite geopolitical tensions and market uncertainties. Now, analysts expect the pioneer crypto to be setting up to hit its next ATH target.

As we can see from the post above, the BTC price chart indicates that Bitcoin is just a day away from setting its highest monthly close ever. Historically, an all-time high monthly close tends to be very bullish for the crypto market. In fact, responses to the post state that this bullish close could set the tone for a strong next chapter for the price of BTC. Analysts are already preparing for a very bullish Q3

Fall and Winter 2025 Bullish

To highlight, some reputed analysts believe that the price of BTC could even go on to set its cycle peak targets in the months of September and October. This expectation is based on the 4-year bull cycle model. So far, the blueprint has always remained steady; however, this bull cycle seems to be different from the rest, so other analysts are unsure if Q3 will result in cycle top prices for Bitcoin

As we can see from the post above, one reputed crypto analyst expects the price of Bitcoin to hit a bull target of $135,000. He says that the clear next stop for BTC is $135,000, and the path towards it is clear. Finally, he confirms that after breaking out and retesting key levels, the price of BTC is now challenging the first Fibonacci extension, which lies at the $107,000 price range.