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With Bitcoin (BTC) surging back above the $105,000 mark and nearing its record high set in January, market expert Doctor Profit has outlined bullish predictions for the leading cryptocurrency. In a recent post on social media platform X, he detailed the dynamics he believes will drive Bitcoin toward new highs. Bitcoin Breaks Key Levels As Institutional Demand Surges Since hitting $77,000, Doctor Profit identified $100,000 as the first significant target, which has now been achieved. Looking ahead, he sees the next breakout target between $116,000 and $120,000.  His confidence stems from several positive indicators, including a strong bullish divergence observed on the daily chart—a technical signal often associated with forthcoming price increases. He emphasized that daily divergences tend to have a higher success rate than those seen on longer time frames. Related Reading: Coinbase Confirms DOJ Investigation Following Major Security Incident Additionally, Doctor Profit pointed out that the funding rate is currently stable, with no over-leveraged positions in the market. He noted that BTC recently broke out of a significant double bottom formation and is now testing previous highs.  A critical factor in his outlook is the substantial accumulation by US exchange-traded funds (ETFs), which are reportedly purchasing Bitcoin at a rate eight times greater than its current mining output.  This aggressive accumulation phase, according to Doctor Profit, indicates institutional interest remains robust, even as retail traders have largely stayed on the sidelines during recent volatility. BTC Could Dip To $90,000 The analyst also highlighted that the strongest retail buying occurred around the $90,000 mark, which also represents a liquidity hotspot. Should the market revisit this level, he sees it as an optimal entry point, perfectly positioned at the bottom of the established trading box. Looking ahead, Doctor Profit anticipates volatility, particularly in light of Moody’s recent downgrade of the US credit rating from AAA to AA1—the first major downgrade since S&P’s similar action in 2011.  Historical context suggests that such downgrades can lead to swift market corrections. In August 2011, following a downgrade, markets dropped by 5.5% in a single day. Doctor Profit believes that Bitcoin could similarly dip into the $90,000 range to capture liquidity before rebounding. Related Reading: Dogecoin On The Edge: Major Breakout Or Breakdown Imminent? Despite potential short-term fluctuations due to the downgrade, Doctor Profit maintains a bullish outlook for Bitcoin, reiterating his target of $116,000 to $120,000. He noted that the market had largely priced in the downgrade, and historically, stocks have rallied following such events.  With major institutions, including BlackRock, increasing their Bitcoin purchases in the exchange-traded fund arena, Doctor Profit sees no signs of weakness in the market, pointing to further price gains for the market’s leading cryptocurrency. At the time of writing, BTC is trading at $105,400, marking a 12% increase over the past two weeks and a nearly 24% increase over the past month. Year-to-date, the cryptocurrency has gained 60%, lagging behind XRP’s gains of over 300% in the same period. Featured image from DALL-E, chart from TradingView.com 

Bitcoin price started a fresh increase and cleared the $106,000 zone. BTC is now rising and might aim for another increase toward $110,000 Bitcoin started a fresh upward move from the $102,000 zone. The price is trading above $105,500 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $105,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $107,000 resistance. Bitcoin Price Starts Fresh Surge Bitcoin price started a fresh increase from the $102,000 support zone. BTC formed a base and was able to clear the $104,200 resistance zone. The bulls pushed the price above $105,000. There was a clear move above the 50% Fib retracement level of the downward move from the $107,042 swing high to the $102,100 low. It opened the doors for a move above the $106,000 resistance zone. The current price action is positive since the price settled above the 76.4% Fib retracement level of the downward move from the $107,042 swing high to the $102,100 low. There is also a short-term bullish trend line forming with support at $105,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $105,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $107,000 level. The first key resistance is near the $107,200 level. The next key resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level and a new all-time high. Another Drop In BTC? If Bitcoin fails to rise above the $107,000 resistance zone, it could start another correction. Immediate support on the downside is near the $105,800 level. The first major support is near the $105,000 level. The next support is now near the $104,200 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,500, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,200, followed by $103,500. Major Resistance Levels – $107,000 and $107,500.

Bitcoin’s price action in the past 24 hours has been marked by a highly volatile phase that saw it briefly reach above the $106,000 mark. However, this was followed by a return to consolidation around the $103,000 price level.  This intense volatility in the past 24 hours suggests that the Bitcoin price still has a long way to go before it reaches a price top. Amid this volatile movement, a new macroeconomic model, the Decode Macro Trend Oscillator (MTO), has pointed out when to expect Bitcoin’s price to top this cycle. Decode’s Macro Trend Oscillator Model And Its Alignment With Bitcoin Peaks The Decode Macro Trend Oscillator is a sophisticated tool designed by a Bitcoin analyst known as Decode on the social media platform X. The oscillator aggregates around 40 macroeconomic indicators, ranging from interest rates and global liquidity to industrial production and market volatility, into 17 carefully selected leading metrics. Related Reading: Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now These are then normalized and visualized as a histogram to produce a cyclical pattern that has historically aligned with Bitcoin’s major tops. A close look at the chart titled Bitcoin Liquid Index on the 1M candlestick timeframe reveals that the light green histogram bars have coincided with each of Bitcoin’s cycle peaks in 2013, 2017, and 2021. These peaks are marked by vertical red lines, and the transitions from deep red to green territory on the oscillator appear to offer a visual cue for the end of bearish phases and the onset of price rallies. As of May 2025, the histogram remains in a deep red zone but has begun inching upward, with the most recent bar reading at -11.47, suggesting that macroeconomic conditions may soon start to favor a bigger rally for Bitcoin. BTC Mode Configuration Fine-Tunes Cycle Top Prediction Decode’s analysis goes beyond Bitcoin-specific indicators. In one of the accompanying charts of the S&P 500 Index of the 2M timeframe, a long-term comparison is made between the current global environment and the economic backdrop of the late 1980s and early 1990s. Interestingly, Decode’s macro trend oscillator proved reliable in estimating periods of downturns and expansions in both instances.  Related Reading: Bitcoin Weekly SuperTrend Flashes Sell Signal From 2022 Despite BTC/USD Strength In both instances, inflation pressure and declining consumer sentiment pushed the oscillator deep into negative territory for years. However, once the histogram flipped into the green, the economy and prices entered a prolonged phase of expansion. The third chart offers a more detailed view of Bitcoin’s weekly trend, including an overlay of M2 money supply growth, which is another popular monetary metric. This view highlights how the Macro Trend Oscillator, when switched to a configuration Decode called “Bitcoin Mode,” fine-tunes its sensitivity to metrics that directly impact crypto markets. In this configuration, only a few of the full 17 metrics that best identify Bitcoin cycle tops are used. As it stands, Bitcoin is still in the negative red histogram zone, even despite its rally in recent months. The first deep green histogram has yet to show up, not to mention the first light green bar that will mark the cycle peak. Based on this setup, the oscillator implies that Bitcoin still has a lot of room to run this cycle, and that a price top is unlikely to arrive in 2025. At the time of writing, Bitcoin is trading at $103,300. Featured image from Pixabay, chart from Tradingview.com

Bitcoin is showing signs of calm after a wild ride earlier this year. The top cryptocurrency dropped sharply from a high of $109,000 in January to a low of $74,600 by mid-April. That’s more than $34,000 wiped out in just a few months. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst But things have shifted since then. Bitcoin climbed back, gaining over 30% and recently reaching $105,700. It’s been trading quietly between $101,000 and $104,000 over the past week. $10,000 Steps Keep Adding Up Some traders are starting to notice a pattern. According to analyst Trader Tardigrade, Bitcoin has been rising in $10,000 chunks, then taking short breaks. He pointed out moves from $75,000 to $85,000, then to $95,000, and again to $105,000. Each jump is followed by seven to 10 days of sideways action. #Bitcoin is climbing steadily, with intervals of around 10k in each consolidation ????$BTC pic.twitter.com/stEgE5NkQH — Trader Tardigrade (@TATrader_Alan) May 16, 2025 This stair-step pattern isn’t just a lucky guess. It gives traders a chance to breathe, take profits, or set new entries. These pauses can also turn into support zones—levels where buyers step in again. If the same behavior continues, the next target could be $115,000, which is about an 11% jump from where Bitcoin is now. Price Holding Above $100K Gives Bulls Confidence Trading above $100,000 is no small feat. Holding that level gives Bitcoin some strength and psychological support. The more time it spends above this line, the more likely buyers feel safe to enter. Last week’s move was modest, only about a 0.50% gain, but that followed a strong 11% surge earlier in May. Some market watchers think this slow and steady growth is a healthy sign. Instead of wild swings, Bitcoin is showing more controlled movement. It’s building a base, and that can be a setup for something bigger down the road. The Golden Ratio Multiplier was one of the few metrics to be accurate in real time at the April 2021 Bitcoin Cycle Top. We’ve already hit our cycle top level this cycle once, but this was for the cycle mid-top in March 2024, which means we’re bound to do it again. Level 5 is… pic.twitter.com/wEHOI6L5Tm — CryptoCon (@CryptoCon_) May 15, 2025 Long-Term Model Points Toward $160K Beyond the short-term moves, a few analysts are looking much higher. CryptoCon, who follows long-term cycle models, shared that Bitcoin may be in the middle of a buildup. He referenced the Golden Ratio Multiplier, a model that uses Fibonacci levels and long-term averages. According to him, a major cycle level was already hit in March 2024, but that wasn’t the final top. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? His forecast puts the next ceiling near $160,000, a level he calls “Level 5” in the cycle. That would be a big leap from today’s price—over 50% higher. He compared today’s market to what happened between 2015 and 2017, when a long stretch of slow growth led to a fast rally. Featured image from Unsplash, chart from TradingView

Bitcoin price started a fresh increase and cleared the $105,500 zone. BTC is now consolidating and might aim for another increase toward $108,000 Bitcoin started a fresh upward move from the $102,500 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $106,000 resistance. Bitcoin Price Extends Gains Bitcoin price started a fresh increase from the $102,500 support zone. BTC formed a base and was able to clear the $103,500 resistance zone. The bulls even pushed the price above $104,200. The bulls even pumped the price above $105,000. A high was formed at $107,042 and the price is now correcting gains. There was a move below the $105,500 level. The price dipped below the 50% Fib retracement level of the upward move from the $103,346 swing low to the $107,042 high. However, it is stable above $104,000. There is also a key bullish trend line forming with support at $104,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $104,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $105,500 level. The first key resistance is near the $106,000 level. The next key resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level and a new all-time high. Another Decline In BTC? If Bitcoin fails to rise above the $105,500 resistance zone, it could start another correction. Immediate support on the downside is near the $104,500 level. The first major support is near the $104,200 level and the trend line. The next support is now near the $103,500 zone. Any more losses might send the price toward the $102,200 support in the near term. The main support sits at $100,500, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,200, followed by $103,500. Major Resistance Levels – $105,500 and $106,000.

Popular digital asset analyst with X handle Crypto Patel has stated that Bitcoin is currently retesting a crucial price resistance at the $106,500 price region. Based on the asset’s performance at this level, BTC investors could expect a bullish price continuation or a significant price pullback. After a brief rise above $105,000 on May 12, Bitcoin has remained range-bound, showing no significant price movement since then. However, bullish sentiments remain high as demonstrated by US BTC spot ETFs scooping another almost $2 billion in net weekly investments. Related Reading: Bitcoin’s $10,000 Stairway: Chart Signals March Toward $115,000 Bitcoin At A Crossroads: Can Bulls Push To $120k — Or Does A Fall To $75k Await? In an X post on May 16, Crypto Patel shares a simple technical analysis on Bitcoin price movement, highlighting the present major support and resistance levels. According to the analyst, Bitcoin’s most recent price gain shows the asset is retesting a critical resistance around the $106,500 price region. Notably, this resistance band has proved effective in inducing price rejections in December and January. If Bitcoin bulls can command sufficient market demand to subdue this price barrier, Crypto Patel projects the premier cryptocurrency will sustain its current uptrend with an initial price target set at $120,000. On the other hand, another price rejection could harm current investors’ expectations, as such negative development would force prices below the crucial $90,000 support zone to trade as low as the current market bottom at $75,000. This projected correction hints at a potential 27.1% decline from the present market price despite currently robust bullish sentiments. Interestingly, the Relative Strength Index (RSI) shows that Bitcoin has recently dipped from the overbought territory, thus supporting predictions of an impending price correction. However, macroeconomic developments such as the 90-day tariff truce between the US and China, and strong levels of institutional investment, boost the potential of a bullish trend continuation. Related Reading: Ethereum Headed For Crucial Encounter At $4,000 – Here’s Why Bitcoin Price Prediction At press time, Bitcoin is valued at $103,355 following a 1.62% decline in the last week. However, the asset’s monthly performance reflects a 21.46% gain, signalling most new market entrants are still in profit. According to the prediction site, CoinCodex, investors are showing a high level of greed as indicated by the Fear & Greed Index at 74. Coincodex analysts are predicting Bitcoin to reach $127,872 in the next five days, followed by a price correction that will return prices to around $111,616. For long-term investment, the analyst projects Bitcoin to hit a valuation of $155,583 in three months and $148,167 in six months. Featured image from Pexels, chart from Tradingview

After a powerful rally earlier this month, Bitcoin’s price action has stalled just above $103,000 and has been caught in a tight consolidation range for over the past week. The daily chart shows consistent resistance just above $107,000, with the latest candles forming in a compressed horizontal band, indicating indecision and low momentum. Related Reading: ‘Judgment Day Is Coming’—XRP Set To Explode, Analyst Warns This price behavior could be seen as a pause before the next leg higher. However, it could also be a trap that could cause a reversal towards $98,000. Daily Close Above $107K A Clear Breakout Signal Bitcoin’s current consolidation around the $103,000 price level has dragged on for over a week, and an eventual breakout could happen into any direction. In a recent post on social media platform X, crypto analyst Ali Martinez noted the importance of a daily close above $107,000 for a bullish Bitcoin.  His chart illustrates that price has approached this threshold multiple times since December 2024 but failed to sustain a close on the daily timeframe. This, in turn, has led to the formation of a horizontal barrier just beneath $108,000. Notably, even Bitcoin’s all-time high of $108,786 on January 20 failed to close above the $107,000 price level on that day. According to Martinez, a confirmed close above this level could open the door for further upside movement toward new all-time highs. However, until this threshold is decisively cleared, Martinez warns that traders should be cautious and avoid forcing positions. Image From X: @ali_charts Potential Bitcoin Trap Setup And Liquidity Sweep To $98K A separate technical breakdown by crypto analyst TehThomas, published on TradingView, presents a far more cautious outlook for Bitcoin. Similarly, the analyst noted that Bitcoin has spent more than eight days locked in a narrow range between roughly $100,000 and $105,800. According to his liquidity-based framework, this range is likely being used as a trap to invite both long and short traders into premature breakout trades. His 4-hour candlestick timeframe chart shows a clear consolidation block, with price failing to escape either end, and liquidity pooling above $105,800 as well as under $100,000. TehThomas believes the equal highs near $105,800 are acting as bait for breakout longs. He expects Bitcoin to briefly sweep these highs, only to cause a fast and decisive move downwards into the lower demand zone between $98,000 and $97,500. This zone, marked as a large unmitigated fair value gap and golden pocket level on his chart, is where he expects the price to react next, once the liquidity on both sides is taken. Image From TradingView: TehThomas However, this short setup towards $98,000 would be invalidated if the Bitcoin price manages to hold above $105,800 and shows a continued strong volume and follow-through. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? At the time of writing, Bitcoin was trading at $103,914, down by 0.06% in the past 24 hours. Featured image from Unsplash, chart from TradingView

Bitcoin prices have registered impressive gains in recent weeks amidst an ongoing price rebound. Since dipping below the $75,000 mark in mid-April, the asset’s price has jumped by over 37.5% to trade as high as $105,490.  While the BTC market appears to be cooling off, renowned crypto analyst Ali Martinez has tipped the premier cryptocurrency to hit a market top of $120,000 before the current bull cycle runs out. Related Reading: Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now CVDD Metrics Hint At $120k Peak, But Only If $90k Support Holds The Cumulative Value Days Destroyed (CVDD) is an on-chain metric that measures the total coin-days destroyed when dormant BTC moves, thus capturing the spending activity of long-term holders. Basically, a surge in CVDD indicates significant profit-taking by long-term holders, which is often an indicator of overheated market conditions. Meanwhile, reduced CVDD action marks accumulation phases.  Based on the chart presented by Martinez, prominent analytics firm CryptoQuant extrapolates Bitcoin’s current CVDD at $34,154 into multiple layers, each representing different aspects of the bull market.   Firstly, there is the Accessing Tops, i.e, the black line which extrapolates the CVDD into an upper band that the price has reached at the major tops, such as at $20,000 in 2017 and $69,000 and 2021. Presently, the Accessing Tops is around $120,000, suggesting this could be the next market peak of this bull run.  Another important layer in CryptoQuant’s extrapolation of the CVDD is the Accumulating Phase 2, the second-tier support band that has repeatedly underpinned price throughout 2025. It is presently positioned at $90,000, marking the first major support line for bulls.  With the present Bitcoin price at $103,242, Ali Martinez warns that preserving the price support at $90,000 is critical to maintaining Bitcoin’s bull structure and enabling a potential rise to $120,000. Related Reading: Ethereum Faces Resistance Against Bitcoin – ETH/BTC Bullish Structure In Question Bitcoin Price Overview At the time of writing, Bitcoin trades at $103,573, reflecting a slight market gain of 0.09% in the past day. Meanwhile, the asset’s daily trading volume is down by 17.92%, indicating a fall in market participation.  Presently, the next resistance level stands at $105,000. However, Martinez has stated that major positive developments will only follow when a price close above $107,000 is achieved. Meanwhile, bullish sentiments remain high as illustrated by another impressive performance by the Bitcoin Spot ETFs, which registered a net inflow of $1.81 billion in the past week. With a market cap of $2.04 trillion, Bitcoin continues to remain the most valuable digital asset, holding about 62.8% of the crypto market. Featured image from Pexels, chart from Tradingview

Bitcoin has broken past $100,000 after months of little movement. It now trades near $103,484 and some view that as a buying chance. Others warn that even this level could rise further. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst According to Lawrence Lepard of Equity Management Associates, there is a big difference ahead for people based on their Bitcoin ownership. One person might look back with regret for not buying at today’s levels. Another could be praised for saving up to buy a full coin. He pointed out that holding $0.1 coin will feel huge if prices climb. Lawrence Lepard: This Is A Once In A Lifetime Buying Opportunity #bitcoinpic.twitter.com/uc4cPPMqMy — Altcoin Daily (@AltcoinDailyio) May 17, 2025 Whole Coin Versus Fractional Holds Based on comments from Bitcoin advocate Lark Davis, even owning one Bitcoin will seem “absurd” in a few years. Lepard backed that up by saying that the asset can move fast and without much warning. Some early buyers treated Bitcoin as “sound money,” and they still believe it can leap 10 times or more from here. Owning 1 Bitcoin will seem absurd in a few years! — Lark Davis (@TheCryptoLark) May 4, 2025 Price Forecasts For 2025 Several predictions back a rise to $200,000 or $300,000 this cycle. Standard Chartered projects a move to 200,000 by the end of this year. Another model from Sina’s quantile analysis pegs $285,000 as a mid‑point target. Those figures remain well above today’s levels—Bitcoin is still 93% away from $200,000 and 190% away from $300,000. Sky High Long Term Target Looking further out, Lepard thinks $10 million per coin is possible. That level would make Bitcoin worth about $210 trillion overall. He linked that vision to rising inflation and weak monetary policy in many US and global markets. Critics point out that reaching such a value means absorbing more than twice today’s broad money supply. Bitcoin has a record of sharp moves. Prices can surge dramatically one day and fall the next. That creates risk but also a chance for big gains. Investors who choose to buy now may benefit if the forecasts hold true. But timing the entry and exit remains tricky. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? What Investors Might Do Some will stick with small positions like $0.1 coin. Others may aim for a full coin over time. According to trade data, more institutions have started adding Bitcoin to their holdings this year. Whether that trend continues could steer prices more than any single forecast. In the end, buying Bitcoin today carries both hope and uncertainty. For those who back its “hard money” appeal, today’s price may feel like a bargain. For everyone else, the ride ahead could be rough. Either way, the story of Bitcoin’s next moves is far from over. Featured image from Gemini Imagen, chart from TradingView

Bitcoin is still trading around the $103,000 mark, although the upward momentum it started in May has exhibited a slowdown in the past seven days. Although a short-term volatility is currently playing out, the long-term outlook is undoubtedly bullish. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Some analysts are looking to long-term cycle indicators for direction. One such tool, the Golden Ratio Multiplier, which called the Bitcoin top in 2021, has resurfaced with another interesting top for the current Bitcoin cycle. Golden Ratio Multiplier Identified 2021 Top, Now Points To New Peak Taking to a post on social media platform X, popular crypto analyst CryptoCon highlighted the reliability of the Golden Ratio Multiplier in predicting Bitcoin’s price top in each cycle. The Golden Ratio Multiplier is a logarithmic model that incorporates Fibonacci-derived multipliers to anticipate Bitcoin’s macro trends. Notably, this metric was among the few to accurately call the April 2021 cycle top in real time, the same as the 2017 and 2013 price tops. This cycle, the model has already flagged a significant peak in March 2024, although the crypto analyst interpreted this not as the final high but as a mid-top. CryptoCon explained that Bitcoin’s price action has already hit Level 4 of the multiplier chart this cycle, but this isn’t the final peak. “We’ve already hit our cycle top level this cycle once, but this was for the cycle mid-top in March 2024, which means we’re bound to do it again,” he wrote. The Level 5 band now sits around $160,000 and continues to trend upward. Drawing a parallel to past cycles, CryptoCon noted that the structure of the current cycle shows strong similarities to the 2015 to 2017 period, when Bitcoin saw a gradual build-up followed by an explosive breakout. Based on this comparison, the current market phase is seen as equivalent to April 2017, right before Bitcoin went on a rally in the months that followed. Golden Multiplier Ratio Suggests $160k Is Next Major Target The chart accompanying CryptoCon’s post paints a familiar picture with the Golden Multiplier Ratio. Each band, ranging from Level 1 to Level 10, is based on a multiplier level derived from the 350-day moving average.  Bitcoin has topped at various levels: Level 10 in 2011, Level 9 and 8 in 2013, Level 7 in 2017, and Level 6 in 2021. The current cycle’s peak should most likely be Level 5, but the Bitcoin price is yet to get there. Related Reading: ‘Judgment Day Is Coming’—XRP Set To Explode, Analyst Warns Should the market continue to respect this structure, Bitcoin could be preparing for a rally toward the Level 5 mark of $160,000 sometime later in the year, which could mark the final high of this cycle. The current range around $103,000 may well be the calm before the final breakout. “Slower buildup, then all at once,” the analyst said. At the time of writing, Bitcoin was trading at $102,971. Featured image from Unsplash, chart from TradingView

In the last week, Bitcoin showed a range-bound movement, with prices oscillating between $105,000 and $101,000 to produce a slight gain of 0.60%. Notably, the flagship cryptocurrency has seen a market cool-off in the past two weeks following a 10.7% price leap in early May. Interesting, a crypto analyst with X handle TATrader_Alan, popularly known as Trader Alan, has highlighted a bullish pattern that points to a price target around $115,000. Related Reading: Bitcoin Strengthens Vs. Gold, Analyst Sees ‘Higher Than Expected’ Returns Bitcoin Climbs With Precision: $115,000 May Be The Next Stop Amidst an extended crypto market correction in 2025, Bitcoin prices crashed from $109,000 in January to less than $75,000 in mid-April. Since hitting the local bottom at $74,600, the premier cryptocurrency has recorded an impressive market rebound, rising by over 39.1% in the past month to hit a local peak of $105,800. In an X post on May 16, Trader Alan provided an interesting technical insight into this uptrend, highlighting that Bitcoin has repeatedly produced the same leap in dollar value, separated by a period of consolidation. The trading chart from the analyst explains that when Bitcoin surges approximately $10,000, it enters a 7-10 period of sideways consolidation before resuming its ascent. This bullish behaviour has been repeatedly seen with Bitcoin’s leap from $75,000 to $85,000, then to $95,000, and $105,000. Going by this pattern, the crypto market leader is tipped to hit the $115,000 target following a potential breakout from its current price consolidation. If this projection realizes, Bitcoin would achieve a 10.57% gain from current prices, breaking into a new price discovery. This kind of price movement is characteristic of a strong uptrend marked by healthy pauses. The consolidations typically allow the market to cool off after sharp runs, allowing traders to accumulate in preparation for the next leg higher. Importantly, these consolidation zones often act as new support levels, strengthening the bull market structure. Related Reading: Dogecoin Hovers at $0.22 Following Weeks of Gains, Analysts Share Mixed Outlooks Bitcoin Whales Keep Stacking In other developments, top OKC Partner and Binance KOL Ted Pillows reports that the Bitcoin whales are maintaining an impressive accumulation streak. On May 15, the largest Bitcoin holders acquired an additional 2,180 BTC valued at $226,750,000, signaling a strong market confidence. Generally, large accumulations by Bitcoin whales are a typical bullish signal, especially amidst the current uptrend, signalling a strong potential for future price appreciation in line with Trader Alan’s prediction. At press time, Bitcoin continues to trade at $103,281 following a 0.90% decline in the last day. In tandem, the asset’s trading volume is down by 15.76%, suggesting a decline in market interest.  Featured image from iStock, chart from Tradingview

Russia’s Central Bank reports that Bitcoin has outpaced more traditional investments so far in 2025. Returns clocked in at nearly 40% over the past year. That makes it the top performer compared with gold, stocks and bonds. It’s a sign that more people in Moscow are warming up to cryptocurrencies for their daily money moves. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Bitcoin Leads 2025 Rally According to the Central Bank of Russia, Bitcoin’s cumulative return since 2022 has reached 121%. That towers over any gains seen in gold or corporate bonds during the same period. While gold managed only single‑digit increases, Bitcoin has nearly doubled its value in three years. That jump has grabbed the attention of investors who are used to slower returns from banks or stock funds. Source: Russian Central Bank report. Sharp Swings Test Investors Based on reports from the central bank, Bitcoin’s price swung wildly in early 2025. The first four months brought nearly 20% drop. Many traders faced nerve‑racking weeks as prices slid. But April saw a strong comeback. Bitcoin climbed more than 10% that month, easing worries among those who watched its dip. Those fast moves highlight just how far digital coins can swing in a short time. ETFs And Adoption Drive Growth The rise of spot Bitcoin exchange‑traded funds has made it easier for bigger investors to get in. In places like the United States and Hong Kong, new ETFs let people buy Bitcoin through their regular brokerage accounts. That convenience has helped push demand higher. More folks don’t have to wrestle with crypto wallets or complex trading platforms anymore. They can tap Bitcoin through tools they already use for stocks and bonds. Local And Global Factors Matter Global uncertainty has driven some of this interest. Big swings in currency values and low yields on bank deposits have left people hunting for better returns. In Russia, a weaker ruble has nudged locals toward assets like Bitcoin that are priced in dollars. At the same time, countries such as Kyrgyzstan and Ukraine are exploring crypto in their budgets. Even firms like Cantor Fitzgerald are looking at Bitcoin as a way to shield against market swings. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Profit Potential Meets Risk Based on what the Central Bank found, Bitcoin paid off handsomely for investors who held through the drops. A 38% gain over a year can’t be matched by most safe havens. Yet anyone tracking the 19% fall in early 2025 knows it isn’t for the faint of heart. Digital coins can zoom higher one month and skid lower the next. That volatility is why many experts still advise limiting how much of your portfolio is in crypto. Featured image from Unsplash, chart from TradingView

Bitcoin’s price may surge above $200,000 next year, according to recent analysis by X account Apsk32. He warns that the familiar four‑year cycle for BTC often lines up with fresh highs. Short swings have hit traders hard before. This time, bulls say Bitcoin could even top $250,000 in 2025. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Bitcoin Gold Link According to Apsk32, Bitcoin often trails gold by a few months. Gold hit a record $3,500 per ounce earlier this year. If Bitcoin follows that path, it could surge. He measures Bitcoin’s market value in ounces of gold instead of dollars. That way, money printing and inflation don’t skew the view. Power Curve Model Apsk32 uses what he calls a “power curve” tool. It fits Bitcoin’s market cap in gold ounces to a smooth curve. The tool stretches back to the 2017 high near $20,000. When plotted, it suggests a 2025 bull‑market peak above $200,000. He told X followers that “if Bitcoin’s position relative to gold keeps improving, returns could top expectations.” Bitcoin’s position relative to gold has improved considerably since April. This is the indicator that gives me hope for higher than expected returns later this year. BTC-USD is close to extreme greed, which sounds scary, but it’s also where we would expect to be if Bitcoin… pic.twitter.com/CY1Qxy4Hdi — apsk32 (@apsk32) May 16, 2025 Realistic Price Targets While some models push for $444,000 this year—what Apsk32 credits to “five years ahead of support”—he thinks a more realistic goal is $220,000. He added there’s a “decent chance” BTC hits $250,000, but he doesn’t see that as the most likely outcome. The $220,000 level would still mark a 10× jump from Bitcoin’s low near $22,000 in late 2022. Gold Market Scenarios Other market experts ran a different test. They looked at how much Bitcoin could be worth if it claimed part of gold’s total value. If gold reaches, say, $5,000 per ounce by 2030 and Bitcoin grabs half of gold’s market cap, BTC could hit a price of more than $920k. But then, these figures are scenario‑based, not firm predictions. Supply And Demand Factors Bitcoin’s supply is capped at 21 million coins. Every block halving makes new BTC rarer. These events come roughly every four years. The next one is expected in 2024. After that, miner rewards fall from 6.25 BTC to 3.125 BTC per block. Scarcity has driven prices up in past cycles. But demand could shift if big investors pull back. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Risks And Opportunities Volatility in both gold and Bitcoin could upend these models. Gold can face sudden drops when traders take profits. Bitcoin has swung 20% or more in a single day before. Regulatory moves, geo‑political events, and tech upgrades all play a part. Still, setting clear price scenarios helps investors plan. Featured image from Unsplash, chart from TradingView

Eric Trump, speaking at the Consensus 2025 conference in Toronto on May 15, painted a picture of a world scrambling for Bitcoin. He said he hears the same thing everywhere he goes—on planes, in boardrooms, even from big state funds. His comments came as he joined Hut 8 CEO Asher Genoot on a panel about where Bitcoin is headed next. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Global Bitcoin Hunt According to Eric Trump, “Everybody in the world is trying to hoard Bitcoin right now.” He added that sovereign wealth funds and the wealthiest families are all in on the rush. He even mentioned hearing the buzz from some of the world’s largest companies. His point: Bitcoin isn’t just a niche play anymore. It has moved into heavy‑duty territory where major players compete for every last coin. Major Mining Merger Based on reports, American Bitcoin—a unit co‑founded by Eric Trump and his brother and owned by Hut 8—struck a deal on May 12 to merge with Gryphon Digital Mining. The structure is an all‑stock exchange, meaning shareholders of both firms will wake up next year with shares in the same new company. The partners say that this combined group will list on Nasdaq in Q3 2025, opening the doors for regulated markets to tap into mining profits without holding Bitcoin directly. Shares Jump After Deal Investors reacted fast. Gryphon’s stock jumped over 200% after news of the merger hit, and Hut 8 also saw gains. That kind of move tells you how hungry Wall Street is for anything tied to the next Bitcoin halving cycle. Mining companies tend to gear up for halving‑driven scarcity. By merging, these two hope to share resources, boost hash power, and raise their profiles before the reward cut in 2024 pushes prices up. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Political Pushback Grows Not everyone is on board. A group of House Democrats walked out of a digital assets hearing earlier this month, upset that questions about ethics slipped by. On May 13, Senate Democrats sent a letter urging US President Donald Trump to unload all cryptocurrency stakes, including stablecoins tied to hard assets. They’re worried about conflicts of interest if the White House can tweak rules that affect family ventures. One watchdog group, State Democracy Defenders Action, says crypto holdings make up about 40% of the Trump family’s worth, which is close to $3 billion. Featured image from Unsplash, chart from TradingView

In the last few weeks, the sentiment around Bitcoin has turned around as bulls have pushed it past the $100,000 mark once again. Despite the recent drawdown, the BTC price is still bullish, with the market sentiment sitting in greed. However, a new development on the Bitcoin weekly chart could signal an end to the recent bullishness, just like it did back in 2022. Sell Signal From 2022 Reappears Back in 2022, large sell-offs triggered by the crash of the FTX crypto exchange brought an abrupt end to the Bitcoin bull market and plunged investors into months of despair as prices lagged. During this time, a sell signal on the Bitcoin Weekly SuperTrend went off and the result was the over 60% decline of the Bitcoin price. Since then, this sell signal has remained dormant, but now it has returned. Related Reading: Road To $320,000: Bitcoin Enters Trend Continuation, But $109,400 Must Hold Crypto and CMT-Certified analyst Tony Spilotro took to X (formerly Twitter) to share a disturbing formation on the Bitcoin chart. The analyst explained that the sell signal on the weekly supertrend which had been dormant had finally returned. This signal was triggered just below the current all-time high of $109,000 and it seems the market is playing out accordingly. The analyst explained that while the BTCUSD pair continues to show strength, it could be a false strength. This is because the US dollar has weakened recently, which means that this could be the reason behind the strength shown by the BTC price. Additionally, Tony revealed that even the BTCEUR pair has not shown any crossover of the LMACD. Now, given that this rare bearish signal is flashing right now, it could have some serious implications for the crypto market. The first of these would be that this is the top of the market. In such a case, investors could be looking at another drawn-out bear market. When it comes to how low the price could go, going by the 2022 performance, a 60% crash would bring the Bitcoin price back below $50,000. If this happens, it would ravage the already struggling altcoin market, as well as pushing BTC below the cost price of Strategy’s 500,000 BTC stash, which opens another can of worms on its own. Related Reading: Bitcoin Bull Market: Pundit Reveals When To Sell Everything Bitcoin Needs To Maintain Range Breakout In another post, Tony explained what needs to happen for the current uptrend to be sustained. He pointed out that range breakouts are only completed in a strong, large weekly candle. In addition, the breakout then needs to close out above the upper Bollinger Band for confirmation. Presently, the BTC price is yet to close out above the upper Bollinger Band, which is sitting at $108,507. However, with two weeks still left to go in the month of May, bulls still have time to complete it before the month closes out. Otherwise, the current breakout could fail, and a reversal could push BTC further down. “Bulls want to see this within two weeks, leading to a strong May close,” Tony Spilotro said. Featured image from Dall.E, chart from TradingView.com

Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is now consolidating and might aim to clear the $105,000 zone. Bitcoin started a fresh upward move from the $101,500 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $103,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $105,000 resistance. Bitcoin Price Aims Higher Bitcoin price started a fresh increase from the $101,500 support zone. BTC formed a base and was able to clear the $102,500 resistance zone. The bulls even pushed the price above $103,200. There was a move above the 50% Fib retracement level of the downward move from the $104,980 swing high to the $101,441 low. Besides, there was a break above a connecting bearish trend line with resistance at $103,950 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $103,200 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $104,150 level or the 76.4% Fib retracement level of the downward move from the $104,980 swing high to the $101,441 low. The first key resistance is near the $105,000 level. The next key resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $106,500 resistance level. Any more gains might send the price toward the $108,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $104,200 resistance zone, it could start another correction in the short term. Immediate support on the downside is near the $103,200 level and the 100 hourly Simple moving average. The first major support is near the $102,500 level. The next support is now near the $101,500 zone. Any more losses might send the price toward the $100,000 support in the near term. The main support sits at $98,800, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $102,500, followed by $101,500. Major Resistance Levels – $104,200 and $105,000.

Bitcoin hovered around $102,600 today after briefly touching $105,000. The dip didn’t shake everyone. Many still bet on a major rally. According to Bitwise CIO Matt Hougan in an interview yesterday, there’s a path for Bitcoin to hit $200,000 by December 31. He points to growing ETF inflows, more corporate buying, and what he sees as open‑door government policies. Related Reading: Dogecoin’s $1 Dream: Analyst Reveals When It Could Finally Happen Supply And Demand Gap Widens Supply is fixed at 21 million coins, with about 165,000 new Bitcoin mined each year. ETF funds, on the other hand, snapped up roughly 500,000 Bitcoin over the past 12 months. Based on reports, that’s more than three times the annual supply. When fresh coins can’t keep pace with big buyers, prices get pushed up. Corporate And Government Holding Rises Companies such as Strategy continue to add Bitcoin to their balance sheets. Based on reports, the US government already has over $17 billion in seized or held Bitcoin. There’s even talk of an executive order to source more without tapping taxpayers. Some say that could mean swapping gold reserves or selling other crypto assets. Abroad, Abu Dhabi reportedly paid $460 million for new Bitcoin, and at least 10 other governments may follow this year. Timing And Economic Volatility Hougan says Bitcoin’s big run was delayed by a spell of economic turbulence. Stocks have slid, and risk assets all felt the heat. He argues that once volatility eases, Bitcoin’s momentum will kick back in. It makes sense on paper. Yet markets can surprise. A sudden move by the Federal Reserve or a shift in borrowing costs might slow the climb again. Other Analyst Forecasts Align It’s not just Bitwise calling for $200,000. Bernstein senior analyst Gautam Chhugani has that number on his radar for 2025. And Intuit Trading’s Blockchaindaily team redrew a trendline after Bitcoin bottomed at $74,000 in April. Their line now points to $200,000 by July 2025. To go from $102,600 to $200,000, Bitcoin needs to climb about 95%. That’s a big leap, even if history shows crypto can move fast. Related Reading: Avalanche Rumbles 21% Amid Record-Breaking Address Activity Looking Ahead With Caution Meanwhile, there are clear risks on the horizon. Changes in tax rules, new trading fees, or a surprise rate hike could push prices down. Still, many believe those hurdles will clear. If ETF demand stays strong and big holders keep buying, Bitcoin may well break past its old highs. For now, investors will keep one eye on short‑term swings and another on that $200,000 milestone. Featured image from Gemini Imagen, chart from TradingView

Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as Bitcoin continues to flirt with levels last seen during its recent push toward new all-time highs. Bitcoin’s price movements over the past two days have tightened, and the candlestick behavior on the weekly chart has led to a doji formation on the weekly candlestick timeframe, an indicator of indecision. Interestingly, a technical analysis from crypto analyst Tony “The Bull” Severino has highlighted critical levels to watch that will determine whether the Bitcoin price is turning bearish or still bullish.  Mixed Signals: Why the Current Resistance Zone Is Critical Crypto analyst Tony “The Bull” Severino shared a chart and in-depth breakdown on the social media platform X, pointing to horizontal support and resistance levels as the most important technical indicators in his view. As shown on his Bitcoin weekly chart, the leading cryptocurrency is now pressing against a well-defined resistance zone just below its all-time high, marked clearly in red. The proximity of this level to its all-time high means it could act as a ceiling, making it an important area to watch for either a breakout or a reversal. Related Reading: What’s Driving The Bitcoin Price Recovery Above $100,000 And Is It Sustainable? Tony outlines three possible interpretations for the current market structure around the $108,000 resistance level. The bullish case hinges on Bitcoin consolidating under resistance, a pattern often followed by upward continuation. The neutral case is that Bitcoin could be forming a broad trading range, in which case it makes sense to short the market at resistance while buying near support. On the bearish side, the presence of a doji candlestick at this key level may be a sign of fading momentum and an early signal of a price reversal. His trading strategy reflects this uncertainty. He has placed short positions within the red resistance zone, with a stop loss just above the all-time high. At the same time, he has set a stop buy order in the green breakout zone above the all-time high, ready to switch long should the Bitcoin price convincingly break through resistance. Conditions For A Bullish Breakout Are Not Yet Fulfilled Although Tony noted that the broader investment market, including altcoins and the stock market, looks strong, he cautioned that this does not guarantee a bullish breakout for Bitcoin. For confirmation, a bullish breakout must be preceded by aligning various technical indicators. These include a breakout with substantial trading volume, an RSI reading above 70 on the weekly chart, and a weekly close above the upper Bollinger Band.  Related Reading: ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000 At the moment, however, the Bitcoin CME Futures chart has failed to move past 70 on the daily RSI twice, and trading volume is in decline. According to CoinMarketCap, the trading volume of Bitcoin is $44.33 billion in the past 24 hours, a 11.40% reduction from the previous 24 hours. These are early warning signs that a breakout attempt may lack the strength needed for sustainability. Nonetheless, the conditions are still very mixed and starting to lean more bullish than bearish. At the time of writing, Bitcoin is trading at $102,352, down by 1.31% in the past 24 hours. Featured image from Pixabay, chart from Tradingview.com

A surprise wave of cash crashed into the crypto world, jolting prices and waking up sidelined investors. In just three weeks, over $35 billion flowed into digital coins. Numbers like that don’t come along every day. It feels like a fresh breeze after a long drought. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Analyst’s On-Chain Findings According to a May 14 post on X by crypto expert Ali Martinez, the data comes straight from Glassnode, a leading blockchain analytics firm. Ali highlighted that the market saw $35.05 billion in net inflows over the three‑week stretch. The analyst broke it down further: roughly $16.64 billion headed into Bitcoin, and about $8.44 billion went into Ethereum. Ali’s chart, named “Aggregate Market Realized Value Net Position Change,” tracks these shifts over a rolling 30‑day window and makes the rush hard to miss. Over $35 billion has flowed into the crypto market in the past three weeks! pic.twitter.com/8ad8bHt0qa — Ali (@ali_charts) May 14, 2025 Aggregate Market Realized Value Shows Surge Based on reports from Glassnode, the chart’s grey bars represent total capital that enters and stays in wallets. Since mid‑April, those bars climbed steadily, then shot up after April 26. When bars grow, it means money isn’t just passing through exchanges—it’s being parked for the long haul. Long‑term buyers appear to be staking their claim, not flipping for quick gains. Bitcoin Drives The Flows Bitcoin took the lead, soaking up roughly $16.64 billion of the total inflows. Its orange line on the chart trends upward in a steady, confident climb. That tells us buyers are still active and don’t see a reason to sell just yet. When big investors move cash, they often start with Bitcoin because it’s the most liquid and familiar asset in crypto. A strong net position change usually hints at bets on higher prices ahead. Institutional Signals And Ethereum’s Role Ethereum didn’t stay on the sidelines. It picked up around $8.44 billion during the same period, shown by its purple line. While that line is flatter than Bitcoin’s, it still points to steady interest. Some investors may be waiting on final staking rules or watching gas‑fee shifts before committing more. Yet, parked funds in ETH wallets also speak to a growing belief that its value will rise over time. At the same time, parked capital in both coins suggests institutions are gearing up for a potential rally rather than chasing quick profits. Related Reading: Price Down, Bets Up: Dogecoin Open Interest Climbs To $1.62 Billion What Comes Next There’s drama ahead. If inflows keep climbing but prices level off or slip, the market might be nearing a tipping point. Stablecoin issuance is another big factor—if issuers slow down, fresh inflows could dry up. And of course, any major regulatory move could send a shock through markets. Featured image from Gemini Imagen, chart from TradingView

Bitcoin has continued to maintain bullish momentum despite seeing a small correction after initially hitting $105,000. Its long stay above $100,000 has fueled the narrative that this rally is here to stay and higher prices are on the way. Presently, the price seems to be consolidating before moving upward, a region that crypto analyst Gert van Lagen has referred to as Trend Continuation. Bitcoin Price Is In Trend Continuation In an update analysis posted on X (formerly Twitter), Gert van Lagen posited that the Bitcoin price has, in fact, now entered the Trend Continuation phase of the cycle. This comes after the Building Pre-Tension phase that began at the lows at $$76,000, ending in the impulse move that eventually pushed Bitcoin above $100,000 once again. Related Reading: Analyst Tells Investors To Be Patient As Solana Price Hits Resistance According to the shared chart, the Trend Continuation part of the cycle is when the Bitcoin price continues to explode, moving it all the way to new all-time highs. Gert’s chart shows that the BTC price is still more than 100% away from its cycle peak, which is shown at above $320,000 here. However, despite the bull market, there is still some hindrance for the Bitcoin price at this level. To confirm this Trend continuation, the price would have to break above $109,400. Not only must this level be broken, but it must hold it and mark a weekly close above it. The opposite of this happening would threaten the validity of the trend continuation. For the whole move to be invalidated, the crypto analyst explains that the Bitcoin price would have to put in a structural weekly close below $79,000. This would be a 25% crash from the current levels. Presently, Bitcoin is still stuck in a re-accumulation stage. Mapping Out The Road To $320,000 And Beyond If the Trend Continuation plays out, there are a number of other stages that the Bitcoin price is expected to go through. As mentioned above, the top for the next stage is $320,000, but once this is hit, the price is expected to go downhill from there. Related Reading: XRP Price At $10-$20 Only The Beginning, It’s Headed For $1,000 – Analyst Reveals The next is the distribution phase as investors begin to move around their holdings and sell into the liquidity. Next, the crypto analyst predicts a fast price move triggering a crash back toward $100,000. Then a small recovery as tension builds and the Bitcoin price loses the uptrend. From here, another Trend Continuation will send the price further downward, and then toward more redistribution. This is then followed by another fast price move taking the Bitcoin price deeper into 5-digit territory, and then a full-blown recession. At the lowest, the crypto analyst sees BTC eventually falling below $10,300 again. Featured image from Dall.E, chart from TradingView.com

Bitcoin price started a fresh increase and tested the $105,000 zone. BTC is now correcting gains with a short-term bearish angle below $103,500. Bitcoin started a correction from the $105,000 resistance zone. The price is trading below $103,800 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $103,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could dip further if it stays below the $105,000 zone. Bitcoin Price Corrects Gains Bitcoin price started a fresh increase from the $102,500 support zone. BTC formed a base and was able to clear the $103,500 resistance zone. Moreover, the bulls even pushed the price above $104,200. The pair spiked toward $105,000. A high was formed at $104,980 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $100,772 swing low to the $104,980 high. Besides, there was a break below a connecting bullish trend line with support at $103,600 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $103,500 and the 100 hourly Simple moving average. However, the bulls are now active near the $102,850 level and the 50% Fib retracement level of the upward move from the $100,772 swing low to the $104,980 high. On the upside, immediate resistance is near the $103,600 level. The first key resistance is near the $104,200 level. The next key resistance could be $105,000. A close above the $105,000 resistance might send the price further higher. In the stated case, the price could rise and test the $106,500 resistance level. Any more gains might send the price toward the $108,000 level. More Losses In BTC? If Bitcoin fails to rise above the $104,200 resistance zone, it could start another downside correction. Immediate support is near the $102,850 level. The first major support is near the $101,750 level. The next support is now near the $100,500 zone. Any more losses might send the price toward the $100,000 support in the near term. The main support sits at $98,800. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $102,850, followed by $101,750. Major Resistance Levels – $104,200 and $105,000.

The Bitcoin bull market looks to be back following BTC’s surge above $100,000. With market participants again accumulating following this recent rally, crypto pundit Ardizor has revealed when to sell everything to avoid roundtripping on gains made in this bull market.  When To Sell Everything In This Bitcoin Bull Market In an X post, Ardizor stated that he will sell nearly everything in this bull market when BTC’s “Profitability Index” rises above 300% and crypto becomes more popular on TikTok or Instagram, and when market participants think they are the “smartest.” He further outlined three other events that could mark the top and act as a clue to sell everything.  Related Reading: Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000 The first is when crypto exchange Coinbase becomes the number one on the app store for two months, and every taxi driver starts speaking crypto. The other two clues are when the BTC Coin Days Destroyed (CDD) metric rises above 300 million and when old friends are inquiring about whether they should buy crypto now.  He asserted that the Bitcoin bull market will reach its peak when these things begin to happen. Until then, Ardizor revealed that he will be accumulating more coins daily. The pundit also told crypto community members that he would announce publicly when it was time to sell everything.  In another X post, Ardizor provided insights into how investors should allocate their capital in this Bitcoin bull market. He stated that 40% should be invested in BTC, 20% in ETH, 10% in “quality alts,” 5% in high-potential meme coins, 15% working capital, and 20% in USDT to buy dips.   Market participants are actively accumulating more coins with the Bitcoin bull market in play following BTC’s rally above $100,000. Crypto analyst Ali Martinez cited Glassnode’s data while revealing that $35 billion has flowed into the crypto market in the past three weeks.  A Possible Top For BTC In This Market Cycle Market experts have provided the price targets that could mark the BTC top in this Bitcoin bull market. Veteran trader Peter Brandt stated that the leading crypto is on target to reach the bull market cycle top in the $125,000 to $150,000 level by August or September this year. Once that happens, he predicts that a 50% correction will follow.  Related Reading: Analyst Predicts Bitcoin Price Surge To $120,000 And Then A 50% Crash To $60,000, Here’s When Crypto analyst CrediBULL Crypto also reaffirmed that his target for this Bitcoin market cycle is $150,000. However, he also raised the possibility of BTC reaching $200,000 based on Jim Cramer’s statement that the leading crypto cannot achieve that target in this bull run. Standard Chartered has also predicted that $200,000 is achievable for BTC by year-end.  At the time of writing, the Bitcoin price is trading at around $103,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Bitcoin price started a fresh increase and tested the $105,000 zone. BTC is now consolidating gains while Ethereum rallied toward the $2,750 resistance. Bitcoin started a strong increase and settled above the $102,500 resistance zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There is a new connecting bullish trend line with support at $103,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $105,000 zone. Bitcoin Price Consolidates Gains Bitcoin price started a fresh increase from the $100,500 support zone. BTC formed a base and was able to clear the $102,000 resistance zone. The bulls even pushed the price above $103,200. The pair spiked toward $105,000. A high was formed at $104,980 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $100,772 swing low to the $104,980 high. Bitcoin is now trading above $103,500 and the 100 hourly Simple moving average. There is also a new connecting bullish trend line with support at $103,650 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $104,500 level. The first key resistance is near the $105,000 level. The next key resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $106,800 resistance level. Any more gains might send the price toward the $108,000 level. More Losses In BTC? If Bitcoin fails to rise above the $105,000 resistance zone, it could start another downside correction. Immediate support on the downside is near the $103,500 level. The first major support is near the $102,850 level and the 50% Fib retracement level of the upward move from the $100,772 swing low to the $104,980 high. The next support is now near the $101,750 zone. Any more losses might send the price toward the $100,200 support in the near term. The main support sits at $98,800. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $103,500, followed by $102,850. Major Resistance Levels – $105,000 and $105,500.

The Bitcoin price is once again at the center of attention as it continues its upward climb in what appears to be the final phase of the current bull cycle. Riding on the back of macroeconomic optimism and institutional interest, Bitcoin is showing renewed strength, with technical analysis forecasting a final pump to a new ATH above $120,000. Once the flagship cryptocurrency completes this move, its price is forecasted to crash down to $60,000, signaling the onset of the bear market.  Bitcoin Price To Surpass $120,000 In 2025 Xanrox, a crypto analyst, has shared a new Bitcoin price prediction on TradingView, forecasting a bullish run to a new all-time high and a subsequent crash to major lows. Expanding on his optimistic projection, the crypto analyst has confirmed that Bitcoin is in the final stages of this bullish cycle, meaning that the cryptocurrency is gearing up for its most explosive price surge yet. Related Reading: ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000 The analyst shared an Elliott Wave technical chart, indicating that Bitcoin is currently in Wave 3 of a five-wave pattern forming an ending diagonal. This structure typically marks the final stage of a bullish cycle, just before a major correction.  Xanrox predicts that Bitcoin will eventually enter two final wave stages (Wave 4 and 5) before reaching a cycle peak. According to his analysis, the ideal range for this bull run lies between $120,000 and $125,000. More precisely, he highlights a Fibonacci Extension target of 1.618 at $122,069 as the potential top of this bull cycle.  The TradingView analyst also notes that this Fibonacci target is the best price to sell and prepare for the bear market that’s projected to follow. Notably, this price level aligns with a long-term trend line that stretches from Bitcoin’s 2017 peak to the 2021 top and the next forecasted 2025 ATH.  Strengthening the analyst’s conviction of a potential rally to $122,069, Bitcoin’s historical price behavior reveals a consistent relationship with the 50-week Simple Moving Average (SMA). The analysis highlights that the cryptocurrency has repeatedly bounced off or corrected to this moving average during key turning points in past cycles. This pattern adds further credibility to the bullish outlook.  Next Up: 50% Price Crash To $60,000 Despite Xanrox’s optimistic price projection for 2025, the analyst warns of an impending Bitcoin market crash in 2026. Once the cryptocurrency completes its final bullish wave and tops out, the analyst anticipates a steep correction, potentially dragging the price down to $60,000. This projected 50% drop mirrors past cycle declines, particularly the sharp correction seen in the 2018 and 2022 bear markets.  Related Reading: Bitcoin Price To $150,000: BTC Is Mirroring Bullish Fractal From 2020 The analyst’s chart identifies this looming price crash as part of the natural end to Bitcoin’s 4-year cycle, emphasizing that buying at the projected peak of $122,069 could expose investors to significant downside risk. Instead, Xanrox recommends preparing for this bearish transition by exiting the market within the previously outlined sell zone and waiting for a re-entry opportunity during the expected 2026 dip. Featured image from Getty Images, chart from Tradingview.com

Last week saw another batch of new money flowing into crypto funds. As reported by CoinShares, investment products attracted over $880 million over the course of seven days. That brings year-to-date inflows to $6.7 billion. Prices have been trending upward, with Bitcoin temporarily reaching $105,000 and Ethereum being traded above $2,600. Investors are appearing to be stepping in while the opportunity is still hot. Related Reading: Bitcoin’s $104,000 Peak Sparks High-Stakes Short Positions – Details Weekly Inflows Indicate Continued Demand According to the latest data, $882 million poured into crypto products last week. That is the fourth consecutive week of inflows. It might not rattle the broader markets, but it indicates money continues to flow in. Managers have gathered $6.7 billion in net new cash so far this year. In plain language, that’s a steady stream of new capital flowing towards these funds. Bitcoin Dominates The Inflows Bitcoin funds saw $867 million of those inflows. A big chunk of that went into US-listed ETFs. Since January 2024, those Bitcoin ETFs have gathered nearly $63 billion. They just passed their all-time high of $61.6 billion set back in February. In contrast, Ethereum products only took in $1.5 million last week. That gap shows where most investors still feel safest. Sui And Other Altcoins Catch Some Attention Some of the smaller coins were in the limelight. Sui attracted $11.7 million in just one week, surpassing Solana and Ethereum during that span. Its year-to-date figure so far stands at $84 million, narrowly over Solana’s $76 million. XRP, for its part, posted $1.4 million of weekly inflows, taking its YTD at $258 million. XRP’s assets under management are currently at $1.35 billion. Other altcoins showed only small moves, which tells us money is picking spots rather than spreading out. Source: CoinShares Regional Flows Favor The US The United States dominated all regions with $840 million of last week’s total. Germany accounted for a little over $44 million and Australia $10 million. Conversely, Sweden experienced the largest outflows at $12 million. Hong Kong lost $8 million and Canada $4.3 million. Those numbers highlight just how much the US market—led by heavy hitters such as BlackRock—is still in charge. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling BlackRock’s iShares Bitcoin ETF was the best performer, bringing in over $1 billion last week. That was partially offset by $257 million in outflows from providers like Grayscale and Bitwise. Overall, it appears that one provider’s large gain can be equaled by several others’ losses. Behind the flows are broader trends in money and policy. Global M2 money supply continues to expand, adding more cash to the system. Meanwhile, concerns about slow US growth and high inflation are pushing some investors into crypto as a hedge, or alternative store of value. Featured image from Gemini Imagen, chart from TradingView

The Bitcoin price and the entire crypto and stock market have been operating at the mercy of the tariff wars ignited by US President Donald Trump after being sworn into office. The initial wave of tariff increases on countries such as China triggered massive crashes across financial markets, plunging the Bitcoin price below $80,000. However, the tariff wars are nearing their end with the latest announcement from the White House regarding trade between the United States and China. White House Announces Reduction Of China Tariffs In April 2025, US President Donald Trump had announced a drastic increase of tariffs on Chinese goods to a high 145%, with over 180 countries also seeing tariff increases. This triggered a wave of panic and retaliation, triggering what is now known as the ‘tariff wars.’ As discussions progressed, another announcement in April revealed a 90-day pause on tariffs for other countries, with the exception of China. Related Reading: XRP Price Surge To $10: Analyst Reveals Factors That Will Make It Happen In 2025 While China was yet to exempt, the 90-day pause did have a positive effect on the market as the Bitcoin price recovered, taking the crypto market up with it. Since then, the Bitcoin price has since recovered above $100,000, as well as the stock market seeing multiple green days. Trade talks have since been ongoing between China and the United States and there has been a stopgap put in place for now. In a statement on the White House website, it was announced that both the Chinese and United States government at the US-China Economic and Trade Meeting in Geneva had agreed to modify their respective applications and implement a suspension of 24 percentage points of tariffs. This agreement is expected to be in place for an initial period of 90 days, giving both parties time for more discussions toward a resolution. The statement read that this was done in “the spirit of mutual opening, continued communication, cooperation, and mutual respect.” Why The Bitcoin Price Could Explode Currently, the rally of the Bitcoin price is being driven by the positive news surrounding the tariffs. So, it is expected that more positive news will continue to drive up the price. The agreement between the US and China states that both countries should have implemented the tariff reduction by May 14, 2025. With only a day left, this deadline could trigger another rally. Related Reading: Dogecoin Price Gearing Up For Major Explosive Rally – Why $1 Is Still In The Cards As the news of the suspension begins to make the rounds, it signals no negative news coming out regarding tariffs for the next three months at least. This gives time and most importantly, confidence in risk assets such as Bitcoin for investors looking for gains. With the return of investors into the risk market, the Bitcoin price could quickly cross $110,000 as early as Wednesday. Featured image from Dall.E, chart from TradingView.com

Bitcoin price started a fresh surge above the $102,500 zone. BTC is now correcting gains and trading below the $103,500 resistance zone. Bitcoin started a strong increase above the $102,500 resistance zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break below a new connecting bullish trend line with support at $103,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $103,500 zone. Bitcoin Price Corrects Some Gains Bitcoin price started a fresh increase from the $98,500 support zone. BTC formed a base and was able to clear the $100,000 resistance zone. The bulls even pushed the price above $103,000. The pair spiked above $105,500 and tested $105,800. A high is formed at $105,728 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $95,825 swing low to the $105,728 high. There was break below a new connecting bullish trend line with support at $103,900 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $104,500 and the 100 hourly Simple moving average. However, the bulls are now active near the $100,800 support and protecting the 50% Fib retracement level of the upward move from the $95,825 swing low to the $105,728 high. On the upside, immediate resistance is near the $103,500 level. The first key resistance is near the $104,000 level. The next key resistance could be $105,000. A close above the $105,000 resistance might send the price further higher. In the stated case, the price could rise and test the $106,000 resistance level. Any more gains might send the price toward the $108,000 level. More Losses In BTC? If Bitcoin fails to rise above the $103,500 resistance zone, it could start another downside correction. Immediate support on the downside is near the $101,500 level. The first major support is near the $100,800 level. The next support is now near the $100,000 zone. Any more losses might send the price toward the $98,800 support in the near term. The main support sits at $97,500. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $101,500, followed by $100,800. Major Resistance Levels – $103,500 and $105,000.

Bitcoin continued its climb past $104,000 on Monday, and that rally has tempted some big traders to bet against it. A few high-stakes short positions now sit on the brink of collapse. These trades carry skinny margins for error and show just how risky huge margin bets can be when price momentum stays strong. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Massive Short Position At Risk According to blockchain tracker Lookonchain, one whale wallet opened a $93 million short with 40× margin. At Bitcoin’s current level near $104,000, just a 1.5% uptick would force a shutdown at around $105,700. That means a small move could wipe it out. Right now, that position is sitting on over $500,000 in paper losses. It’s also earning about $34,000 in funding fees. But those earnings are tiny next to the loss, so they barely ease the pain. Many gamblers are shorting $BTC with high leverage! 0x51d9 opened a $93M short position on $BTC with 40x leverage, with a liquidation price of $105,690. 0x5D2F opened a $44M short position on $BTC with 40x leverage, with a liquidation price of $112,660.https://t.co/WcW1u4FdWz… pic.twitter.com/pAf1LEMnZp — Lookonchain (@lookonchain) May 12, 2025 Second Whale Holding At Crossroads Another account took a $44 million short at $103,494.40, again using 40× cross margin. Now that Bitcoin trades around $104,720, the trade is down roughly $515,348.53. Its liquidation threshold is much further out, at about $112,660. That gives a buffer of close to $9,000 before it’s wiped out. So far, this trader has pocketed $51,711.71 in positive funding. Those credits show that traders are still betting on higher prices overall. Yet if Bitcoin’s climb stays on track, that buffer could evaporate fast. Failed Bet Already Closed A third whale got burned even sooner. This trader sold short $69.7 million worth of Bitcoin at $95,969, using 40× margin. Their cut-off price was $103,470. Bitcoin crossed that line days ago, trading above $104,000 in recent sessions. Based on reports, that position has almost certainly been liquidated already. It serves as proof of just how quickly high-risk shorts can backfire when prices shoot up. Liquidations Highlight Market Pressure Over the past 12 hours, Bitcoin derivatives saw $66.66 million in liquidations, with $51.25 million coming from shorts. In the full 24-hour stretch, a total of $82.58 million was wiped out, and $60.97 million of that was on the short side. Longs only accounted for $21 million in closures. These figures underline how much buying power has been forced back into the market, fueling further gains. Related Reading: Bitcoin Stays Resilient While Wall Street Stumbles – Details This frenzy shows that betting big against Bitcoin’s rally can end badly and fast. Small funding payments won’t make up for big losses if price keeps rising. Traders taking huge short positions now face steep odds of getting squeezed out. As Bitcoin sits above $104,000, any further gains could push more shorts to the exit, driving fresh volatility in the days ahead. Featured image from Pexels, chart from TradingView

Over the past three days, Bitcoin has hovered between $103,000 and $104,500, creating a narrow channel after a notable rally that saw it break above $100,000 last week. Technical analysis of the daily candlestick chart shows the formation of a minor impulsive wave from $103,000, which may mark the final end of the recent consolidation and the beginning of a fresh rally towards new highs.   Notably, recent price action in the past 12 hours or so has seen the gradual end of the consolidation, and attention is now turning to the next psychological level at $110,000.  Analyst Sees Breakout As Signal For Upside Continuation In a post shared on the social media platform X, crypto analyst CrediBULL explained the logic behind his current long trade setup, pointing out that Bitcoin has broken away from its three-day consolidation zone with an early impulse that started at the $103,000 level. His analysis predicted that this movement could be the start of a much larger leg upward, especially if the current price structure holds without falling back into a local demand zone between $101,000 and $102,000. Related Reading: Bitcoin 6-Month Flight Plan To $188,000, Here’s The Roadmap According to CrediBULL, the current trade has a clean invalidation level just below the impulse origin, allowing for a tight stop loss. This setup yields a high reward-to-risk ratio exceeding 5:1, with an upside target of $110,660, as illustrated in the chart. If this breakout is genuine, it could be a signal that Bitcoin is preparing for an aggressive push toward new all-time highs. On the other hand, CrediBULL cautioned that if the current move proves to be a deviation and price falls below the impulse origin, focus should shift to the local demand zone around $101,800. The chart supports this with a clearly marked green area labeled “local demand.” This is the next major support if Bitcoin bulls fail to hold the current price levels. $110,000 Bitcoin Target In Sight With Increasing Market Momentum According to the crypto analyst, his prediction of the next move to $110,000 has at least a 20% chance of playing out. These odds are quite nice, considering the unpredictable nature of the crypto market.  Related Reading: What’s Driving The Bitcoin Price Recovery Above $100,000 And Is It Sustainable? Notably, price action in the past 24 hours has seen the leading cryptocurrency break above $105,000 again, peaking at an intraday high of $105,503 before easing slightly. This move strengthens the case that the recent consolidation phase may have concluded, and a successful move above $110,000 before the end of the week is underway. At the time of writing, Bitcoin is trading at $104,428. A successful rally to the $110,660 target would represent a 6% gain from the current price, while downside risk is capped below the $103,000 level. Featured image from Getty Images, chart from Tradingview.com

Bitcoin’s price has surged some 25% since April 2, even as the big stock indexes declined. The digital currency broke through $104,000 by May 12. Traditional markets such as the S&P 500 were in the red simultaneously. Based on market data, Bitcoin’s resilience has stood out in the face of sell-offs and tariff negotiations. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Bitcoin Outpaces Stocks According to reports, the S&P 500 declined almost 1% during April, but Bitcoin rose. Other financial markets experienced losses during the same weeks. Bitcoin’s increase was made while traders considered concerns over escalating tariffs. The world’s most sought-after crypto asset was seen by some as a means to avoid fees on foreign trade. However, there is no evidence that any country utilized crypto to avoid tariffs. Settlements Via Bitcoin Based on examination by crypto expert Daan Crypto Trades, there was speculation that countries could bring trade settlements to Bitcoin. The concept gained traction since BTC stood firm even when supply chains and markets were in trouble. $BTC Has outperformed stocks since “Liberation” / Tariff Day on the 2nd of April. It held up incredibly strong during a sharp sell off on stocks in April. It then also proceeded to outperform as the markets bounced and tariffs were implemented. Back then people were wondering… pic.twitter.com/gfvfH80TVP — Daan Crypto Trades (@DaanCrypto) May 11, 2025 Nevertheless, experts note that big on-chain transactions are out there in the open. Regulators would catch any large cross-border payments made in crypto. There has not been a reported case of governments turning to Bitcoin in order to sidestep duties. Testing Key Resistance Levels According to chart analysis by Rose Premium Signals, Bitcoin is currently testing a crucial barrier at $105,000. If BTC breaks down there, it might retreat into the $100,000 zone. Some pattern observers claim an Inverse Head & Shoulders configuration could develop. ???? $BTC Market Update#Bitcoin is currently testing the Weekly Supply Zone around $105,000 ???? ???? The most likely scenario is a rejection from this level, leading to the formation of an Inverse Head & Shoulders pattern — a setup that could create space for a mini #altseason ????… pic.twitter.com/aLSPi5qhuq — Rose Premium Signals ???? (@VipRoseTr) May 11, 2025 That pattern requires two distinct shoulders and a lower trough in the middle. Currently, the swings have been unbalanced, muddying the image. A rejection might be followed by a brief period of altcoin accumulation before Bitcoin takes off again where it left off. Related Reading: New XRP Rally Incoming? Analyst Believes This Cycle Is Unique Long-Term Outlook Stable As per market observers, most investors will be looking to purchase dips if Bitcoin breaks resistance. They add that higher prices will put the limelight on pullbacks. Dips provided entry points during previous rallies. But Bitcoin’s extensive runs persist for several months, not days. Risks are still seen by traders: potential rate increases, regulations on crypto, and fresh tokens competing for attention. Meanwhile, increasing ETF flows and fortified wallets reassure others. Based on accounts of US–China trade negotiations, any agreement would reduce some tension. But there are drivers of Bitcoin’s price that are independent of global tariffs. Monetary actions, large investors, and sentiment drive big moves. If BTC continues to outrun stocks, it might solidify itself as an alternative in global markets. In the meantime, traders are waiting for the next direction at those important levels near $105,000. Featured image from Unsplash, chart from TradingView