Bitcoin’s price dropped by 2.29% in the 30 days leading up to June 24th, while tech stocks like Palantir, Nvidia, and Oracle saw significant gains. This has led to speculation about whether the bull market for BTC is over, or if it can still reach the $150K – $200K price predictions for 2025 made by popular crypto investors. The dynamic and global nature of crypto exchanges makes it difficult to predict BTC’s future price movements, but there are some clues and historical patterns that can help traders and investors make informed decisions. In June, BTC’s daily price movements have deviated from the bullish trend seen over the past 12-24 months. Here’s a quick comparison of BTC’s performance against selected tech stocks in June. BTC Lags Behind Tech Stocks in June 2025 Over the 30-day period leading up to June 24th, BTC saw a 2% drop in price. However, this drop cannot be attributed to global trade policies or military instability, as several major US tech stocks have seen significant gains. For example, Nvidia, a computer chipmaker based in Santa Clara, California and the second-largest US stock by market size, saw a 9.15% increase in share prices. Palantir, a US data company based in Denver, Colorado, saw a 19.84% increase, while Oracle, another high-tech data company based in Nashville, Tennessee and ranked #17 among all US companies by size, saw a 32.5% surge in share prices over the same period. These three companies have high market caps and can be used as points of comparison to BTC, the leading cryptocurrency. While BTC has been retracing its gains from April and May, these tech stocks have been rallying. This has led some to speculate that the crypto rally is coming to an end. However, many experts disagree. The Bitcoin Rainbow Chart, a popular trading tool based on BTC’s historical price trend, suggests that the price is far from its multi-year cycle peak. In fact, it is currently at a similar point on the chart to previous markets in November 2020 and May 2017. In May 2017, BTC was valued at $1,434 per token, but by December 17th, 2017, the price had skyrocketed to over $20,000, resulting in a 1,400% return on investment (ROI) in less than 9 months. In November 2020, BTC was valued at $13,862, but by April 15th, 2021, the price had reached $62,208, resulting in a 450% ROI in less than 6 months. Veteran stock market chart trader Peter Brandt predicts that BTC could reach $150,000 by August or September, while Galaxy Digital founder Mike Novogratz expects the price to surpass $150,000 before the current cycle is over. SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a new account, make a deposit and get up to $1,000 in bonuses and rewards (based on your first deposit amount)
Source:Read More