---
title: "Big Bitcoin Upsides Predicted After Bullish Weekly Close"
url: https://diffcoin.com/big-bitcoin-upsides-predicted-after-bullish-weekly-close/
description: "The Bitcoin weekly candle has closed, and analysts are predicting more bullish upside momentum for the asset."
published: 2025-07-28
updated: 2025-07-28
author: "Mila"
site: "Diffcoin"
---

# Big Bitcoin Upsides Predicted After Bullish Weekly Close

A weekly close above $119,200 will kickstart the breakout from a “bull flag” chart pattern, according to analysis by ‘Rekt Capital’ on Sunday. They added that turning this level into support via a retest could occur over the coming week.

Bitcoin closed the week at $119,466 on Coinbase, according to Tradingview, which means that the bullish action could be in play.

> [#BTC](https://twitter.com/hashtag/BTC?src=hash&ref_src=twsrc%5Etfw)
> 
> Can Bitcoin do it?
> 
> Weekly Close above ~$119200 kickstarts the breakout from this Bull Flag
> 
> In which case turning ~$119200 into support via a retest could occur next week (maybe even via a wick)
> 
> However, for the moment BTC needs to avoid an upside wick beyond the Bull… [pic.twitter.com/Cp5lqivAYK](https://t.co/Cp5lqivAYK)
> 
> — Rekt Capital (@rektcapital) [July 27, 2025](https://twitter.com/rektcapital/status/1949602061760221508?ref_src=twsrc%5Etfw)

## A New Bitcoin ATH This Week?

Bitcoin is less than 3% away from its all-time high, having recovered from its dip to $115,000 on Friday. The asset hit an intraday high of $119,754 in late trading on Sunday, resulting in the bullish weekly candle closure.

> “Bitcoin will find ways to shake investors out of their positions during price discovery uptrends,” said the analyst.

Fellow commentator ‘CrypNeuvo’ identified a large liquidation cluster at $113,800, stating, “I consider the downside liquidation cluster to be the natural target in the mid-term:” $114,500 to 113,600.

There is also an unfilled CME gap at $114,300, which “supports my projection of Bitcoin possibly attacking that liquidation cluster in the next 1-2 weeks,” he said.

Meanwhile, ‘Nunya Bizniz’ zoomed out, saying that there could be a big move to $164,000 before a retest of $109,000 if previous chart patterns repeated.

> BTC weekly:
> 
> Pattern repeat = $164K then $109K.
> 
> ❓ [pic.twitter.com/jgVvqRhHLD](https://t.co/jgVvqRhHLD)
> 
> — Nunya Bizniz (@Pladizow) [July 26, 2025](https://twitter.com/Pladizow/status/1949215312081281375?ref_src=twsrc%5Etfw)

Bitcoin had returned to the middle of its range-bound channel during the Monday morning Asian trading session, building on weekend momentum.

A big week lies ahead with US inflation reports, American and Japanese central bank rate decisions, and a trade tariff deadline, which could all add to the volatility.

## Ether Setting Up For Monster Move

ETH is currently outperforming BTC as it has for the past fortnight. The asset has surged 3.5% on the day to hit a seven-month high of $3,940, and analysts see bigger moves ahead.

Ether just posted its fifth green weekly candle in a row, closing at $3,873 on Coinbase, according to Tradingview.

Analyst ‘Merlijn The Trader’ observed a fresh MACD crossover and a three-year squeeze reaching its apex. “Break $4,200 and ETH will rip like 2021,” he said.

> ETHEREUM IS SETTING UP FOR A MONSTER MOVE!!
> 
> Massive bullish monthly candle 
> Fresh MACD crossover 
> 3-year squeeze reaching its apex
> 
> Break $4,200 and [$ETH](https://twitter.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw) will rip like 2021. 
> Those who didn’t reload… will remember this moment.
> 
> DON’T SAY WE DIDN’T SIGNAL IT. [pic.twitter.com/FqA0LPj1OL](https://t.co/FqA0LPj1OL)
> 
> — Merlijn The Trader (@MerlijnTrader) [July 27, 2025](https://twitter.com/MerlijnTrader/status/1949469824847057049?ref_src=twsrc%5Etfw)

Despite the mammoth monthly move by Ether, the asset remains down almost 20% from its 2021 all-time high.

Nevertheless, most are in agreement that this is now just a matter of time, given the unprecedented demand for the asset from institutions and corporations.

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