Bitcoin is expected to continue its upward trajectory due to low supply and high demand, with a new all-time high of $122,884 reached recently. However, Google search interest for Bitcoin is low among retail investors. The crypto is trading at $117,804 and is up 11.62% over the past 30 days.

US-listed Bitcoin ETFs have absorbed more BTC than will be mined this year. Despite potential risks like Trump’s tariffs or Powell’s rate cuts, a prolonged correction is unlikely in the next six months. Bitcoin could rally to $135K before a corrective phase, with upside momentum expected to resume after summer.

Bitcoin’s new highs come during a historically weak part of the year. Despite low summer volume and price stagnation, Bitcoin is defying norms with its current performance. Expert Willy Woo has sold most of his Bitcoin, emphasizing the need for individual research before making investment decisions.

Read more at Cointelegraph: Bitcoin ‘Increasingly Unlikely’ To Enter Prolonged Downtrend