Key Takeaways
June turned out to be a strong month for the crypto market.
Despite Bitcoin (BTC) briefly dipping to $98,240 on June 22, it quickly bounced back and is now flirting with a new all-time high.
Altcoins are starting to heat up too, sparking talk of a potential altcoin season as we head into the second half of 2025.
In this piece, we’ll take a look at three altcoins showing promising momentum against Bitcoin and why they might outperform it in July.
Bitcoin Cash (BCH) has quietly reclaimed ground against Bitcoin, and the charts suggest there’s more upside ahead.
After trending lower for nearly a year, BCH finally broke out of a descending resistance line that had capped price action since April 2024.
It also dipped below the key ₿0.0040 support in February, only to bounce back swiftly and reclaim it, often a bullish signal of trend reversal.
Momentum indicators back this view. The Relative Strength Index (RSI) is now above 50, and the Moving Average Convergence/Divergence (MACD) has flipped positive, both signs that bulls have regained control.
With a clean breakout and improving momentum, BCH could be gearing up for a push to the next resistance near ₿0.0065, a 45% move from current levels.
Chainlink might be getting ready to break out, and if it does, the upside could come fast.
LINK has been drifting lower inside a descending parallel channel since May.
These kinds of channels often point to a temporary correction rather than a full-blown downtrend, making a breakout more likely.
On June 22, LINK bounced right off the lower support and surged toward the top of the channel.
That price action was backed by bullish divergences on both the RSI and MACD, signals that often show up before a trend shift.
If LINK can punch through the channel’s upper boundary, a rally toward ₿0.000140 looks likely, with room for more if momentum picks up. It’s definitely one to watch in July.
The final altcoin that can outperform Bitcoin is Stacks.
The STX price movement is very similar to LINK, except it is more bullish because the price has completed a five-wave decline (red).
A bullish divergence between waves four and five triggered an STX price increase, causing a breakout from a descending resistance trend line.
While this is a decisive bullish sign, the Stacks price faces resistance at 660 satoshis.
If it closes above this level, it could rally to at least 830 satoshis and possibly higher.
BCH, LINK, and STX are three altcoins that could outperform Bitcoin in July.
While BCH is on the precipice of a long-term trend reversal, LINK and STX are starting their short-term reversals.
As a result, the BCH rally could take longer to materialize but will also lead to more significant upward movement.