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BTC Price Forecast

Bitcoin Price Struggles: Will Support Hold or Lead to a Deeper Drop?

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  • Bitcoin drops to $103K after failing to hold $106,500, causing significant liquidity concerns in the market.
  • A potential dip below $100K could target liquidity at lower levels if the bearish trend continues.
  • Stable price action over the weekend suggests a major market shift could be approaching soon.

Bitcoin has just dropped sharply in price, failing to hold above the $106,500 mark, crashing in liquidity to about $103,000. Analyst Michael van de Poppe highlighted that the Bitcoin chart was fairly clear before this dip and now portends a regular correction in the ongoing positive trend in cryptocurrency. Nevertheless, this downturn did not mean that the overall bull market was nearing its end.

The relevance of the current Bitcoin price on the $106,500 level. Once Bitcoin had dropped into this range, the former support area had to become resistance, allowing the market to stabilize. Bitcoin remained in a bearish trend and was unable to break back above the important price of 106,500. This rejection created fear in traders, which led to confusion about where the liquidity would flow next.

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Source: X

Analysts spotted two possible scenarios. In case one, Bitcoin might take support at the $103,000 mark, and traders can buy this dip to expect a price correction. In the second scenario, Bitcoin may further plummet below the $100,000 level with further targeting of liquidity to lower levels. Such a correction is common during a bigger uptrend and would not signal the end of the bull market for Bitcoin.

Bitcoin Poised for Breakout

Analyst Daan Crypto Trades revealed that Bitcoin is now trading at the center of its monthly range. Having a relatively low difference of 10% between high and low, Daan argued that a big move in BTC is expected very soon. In the past, bigger market changes have been preceded by small ones, and thus, traders ought to monitor the high and the low to have a breakout.

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Source: X

The price action of BTC over the weekend has been relatively stable, with the cryptocurrency trading within the CME close price. This indicates that there have been no major price gaps between the future and spot markets, which are often observed during periods of volatility. He also advised traders to consider using longer time intervals, where volatility will rise in the short term, especially regarding current unfolding events due to increasing global tension.

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Source: X

Since market conditions have changed, analysts indicate that it is crucial to follow BTC performance over long durations. As the global economy remains uncertain, volatility is likely to increase, and BTC traders must be vigilant for future price dynamics that may signal the next phase of the bull market.

Related Reading: Toncoin Faces Steep Decline as Technical Breakdown Sparks Bearish Outlook

Bitcoin’s Cycle Top: Will 2025 or 2026 Mark the Peak?

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  • Bitcoin faces crucial support at $104,180 and $102,435; failure to hold may signal more downside.
  • A breakout above $100K could trigger a rally, with targets at $109,787, $113,071, and $115,966.
  • Potential Bitcoin cycle top may occur in September 2025 or March 2026, based on the 200-week SMA.

Bitcoin is in the process of going through a crucial stage in a falling wedge formation. The crypto has recently been rejected at the upper trendline and is currently approaching a major retracement area. Analyst Rose Premium Signals highlighted that traders must monitor Fibonacci support at $104,180 and $102,435 as these are possible areas where Bitcoin might stabilize. A failure to retain these levels could indicate more downside.

Bitcoin still has a solid support level at the 100,000 dollar mark. A breakout of this level would mean a potent rally in BTC in the future. Traders are eying possible breakout levels of $109,787, $113,071, and $115,966. A confirmed breakout above the wedge formation may result in a significant bullish rally. However, it will take a high trading volume to confirm such a move and ensure the continuation of the rally higher.

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Source: X

Analyst Egrag Crypto has recently revealed a new perspective on Bitcoin’s market cycles, drawing on the analysis of Benjamin Cowen from IntoCryptoverse. According to the theory presented by Cowen, there is a relation between the past all-time highs (ATH) of Bitcoin and the 200-week simple moving average (SMA). The peaks of the cycles have been very close to the crossing of these two metrics in the previous cycles, creating a pattern that allows predicting the price behavior of Bitcoins.

Bitcoin Cycle Patterns

In Cycle A, the highest point of the cycle was the all-time high of Bitcoin, reaching the 200-week SMA. The same trend was witnessed in Cycle B, which validates the validity of this theory. Cycle C was a little bit different, though, because the cycle top was late by approximately 42 days. It is a deviation that highlights the uncertainty of the market cycles of Bitcoin, which are prone to volatility and externalities.

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Source: X

Analyst identifies two possible dates when BTC can form the next significant cycle top in September of 2025 and March of 2026. These estimates are made using the action of the 200-week Simple Moving Average (SMA) and its relation to the past peak points of the token. These dates are speculative and only time will tell whether they will be true.

The levels to watch immediately are support at $104,180 and $102,435 for BTC traders. These Fibonacci levels will define whether BTC can consolidate within the same price range or a breakout is imminent. The market remains indecisive, and the next few weeks will play an important role in dictating the next major direction of BTC.

Related Reading: Is Solana Set to Surge? ETF Hype and $200 Resistance Point to Major Moves

Bitcoin Price on the Rise: Will It Break $175K and Start a Super Cycle?

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  • Bitcoin could surge by 60% to hit $175,000 if it breaks key resistance, though a short-term rise is unlikely.
  • ETF inflows indicate increasing institutional interest, potentially fueling Bitcoin’s continued upward momentum.
  • A brief correction might occur if inflows slow, as large inflows with stagnant prices often signal a market top.

Bitcoin’s price might soon experience a significant increase. Analyst Egrag Crypto highlighted that there is a strong possibility for BTC to increase by up to 60% and hit a price of $175,000. He explained that if Bitcoin rises above a strong resistance point, the blue arc, it could be the start of a Super Cycle. Still, he noted that this shift is not expected to happen in the near future.

The analyst is optimistic about Bitcoin in the long run but remains doubtful about its near-term progress. He says that seeing Bitcoin close over $ 175,000 with validation would mark a major shift, though he thinks that might not occur in the near future. This shows that the cryptocurrency market is driven by both hope and doubt.

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Source: X

Bitcoin ETF Inflows Surge

Analyst Daan Crypto Trades revealed the trending patterns in the markets. He mentioned that, though the spot premium for Bitcoin has dropped, it is still healthier than it was last month. Moreover, ETF investment is picking up again, which could encourage a further increase in prices. When ETF money starts flowing back in, it is considered a sign that institutions are showing more interest in Bitcoin, pointing towards the market keeping its upward trend.

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Source: X

Bitcoin’s price movement is largely affected by ongoing contributions to ETFs. As long as both inflows and prices are on the rise, the market may keep gaining momentum. Still, analysts are pointing out that a brief and temporary drop might occur if inflows decrease, as substantial inflows with prices remaining steady tend to signal a market top.

It was noted a few weeks earlier that strong ETF flows and little movement in prices tend to mark a local peak, and this was seen when BTC corrected slightly after surging. Nevertheless, the market continues to hope for the best, provided that the inflows continue and the BTC price remains stable or increases.

As of press time, BTC is currently valued at $109,869 and has recorded a 24-hour trading volume of $34.04 billion. There has been a 0.08% rise in the past 24 hours and a 4.27% increase over the past week.

BTC price could increase and reach $175,000 in the future. Analysts disagree on the direction for BTC, but only the market’s behaviour moving forward will show if it can conquer key resistance and start a historic Super Cycle.

Related Reading: Bitcoin Breaks $100K as Strategy Buys Another 1,045 BTC

Bitcoin’s $106K Support: Will It Break or Drive Prices to New Highs?

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  • Bitcoin falling below $90K could signal a shift in its bullish trend and raise concerns about future price direction.
  • Breaking above $108K with strong trading could trigger a major price surge and drive Bitcoin to new highs.
  • Maintaining support at $106K is crucial, as failing to do so may lead to a drop to $105,500 or further declines.

The movements in Bitcoin’s price have drawn lots of interest within the crypto community. Analyst Daan Crypto Trades highlighted that Bitcoin’s chart indicates a climb to an all-time high, followed by a sudden decline. After that, the cryptocurrency has returned to the $90,000 to $108,000 range, testing important levels of support again. 

If Bitcoin falls below $90,000, analysts believe it could signal a shift in the bullish trend. That step would differ from other consolidation cycles and could raise concerns among investors about the asset’s future price. If the price breaks this level, that might indicate even lower prices ahead. This makes the level significant for understanding Bitcoin’s market mood.

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Source: X

Bullish Momentum Ahead

Reaching the $108,000 level with strong trading could bring major price gains to Bitcoin. A breakout might cause the price of Bitcoin to rise sharply as it discovers a new value. Traders are eager for this situation because it usually means they can continue taking advantage of the bull trend. The market will remain strong as long as Bitcoin’s price continues to move upward.

Michael van de Poppe highlighted the recent surge in BTC prices. He stated that after breaking $106,500, BTC rose to $108,000, and a rapid price test was quickly initiated. It shows that the bullish trend is gaining strength in the BTC market. Nonetheless, he pointed out that the $106,000 mark should be closely observed.

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Source: X

Bitcoin’s $106K Support

Bitcoin might continue rising to $108,900 if it maintains its position at or above $106,000. This step would help BTC approach its upcoming possible new all-time highs. Even though the market is starting to move forward, it still depends on BTC maintaining its support at these crucial points. BTC could continue to rise if it manages to break the $106,000 mark.

If BTC fails to remain above $106,000, the price may drop to $105,500. If the current level is broken, there is the possibility of a bigger drop becoming apparent in the coming weeks. As the market moves, traders should remain alert and closely follow these key prices.

The future of BTC will be decided in the coming months. The next few days will show whether the asset can move past the resistance or if it will go back down. Analysts suggest that traders pay attention and watch for signals showing if the market will reach $106,000 or drop to $90,000.

Related Reading: XRP Set to Surge As RLUSD Ignites Ledger Liquidity Boom

Bitcoin’s Market Shift: Rising Open Interest and Volatility Concerns

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  • Bitcoin’s rising open interest and declining price increase market risks, potentially leading to heavy losses for traders.
  • Spot selling pressure and rising leverage may cause Bitcoin ETFs to post negative results and heighten price volatility.
  • A quick reduction in open interest could help stabilize the market and promote a more sustainable upward trend.

Bitcoin’s unpredictability continues to rise, and analysts are concerned that the growing open interest could influence the market negatively. Analyst Daan Crypto Trades highlighted that while Bitcoin’s price is declining, open interest measured in coins and aggregated funding is increasing. Therefore, the market looks risky, and traders could lose a lot if they try to catch a falling stock that doesn’t recover swiftly.

Bitcoin is facing extra pressure since spot selling has increased after the U.S. market started accepting Bitcoin. Therefore, certain analysts anticipate that Bitcoin ETFs could end the day with unfavorable results. More open interest leads to higher levels of leverage, which may increase uncertainty for investors and make prices more volatile.

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Source: X

Bitcoin’s Unsustainable Market Surge

Daan observed how Bitcoin’s price changed by looking at several important points on the price chart. A 42% growth is seen in the green area, along with a rise in open interest of 30,000 BTC, proving that the market is stable. But in the red area, the price went up by just 8% despite the addition of 45,000 BTC in open interest. Because the open interest is not in proportion to the change in price, it demonstrates that the market is significantly different.

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Source: X

The leverage used during the recent record high for Bitcoin has not fully been retracted. The leverage is mainly caught between $108,000 and $110,000, and this is dragging the market lower.

Although higher open interest and a price rise often suggest a healthy market, Daan advised that having a balance is key. A surge in leveraged role-playing in the past few weeks has made the market unsustainable, leading to a halt in the price.

Analyst More Crypto Online revealed that the movements in BTC are following a regular three-wave pattern. This suggests that the market is currently in a consolidation period, with neither the bulls nor the bears having control. If wave (5) in yellow is developing, there could be a B-wave within wave (5).

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Source: X

Therefore, the market might be moving through a stage of correcting its recent movements. According to More Crypto Online, the market may remain in this period until a clearer trend is seen, and traders will closely follow the market’s actions. 

Daan thinks that a quick decrease in open interest could bring the market back to normal. Reducing the amount of leverage would help BTC stabilise and continue to rise.

Related Reading: Bitcoin’s 2024–2025 Cycle: Is This the Start of a New Market Trend?

Bitcoin’s Next Big Move: Can It Overcome the Fib 1.618 Resistance?

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  • Bitcoin holds above Fib 1.272 at $103,835, with eyes on the crucial Fib 1.618 resistance.
  • The cryptocurrency is 63% toward its target price, indicating potential for a major price surge.
  • A five-wave pattern needs to form for a confirmed bullish trend and sustained upward movement.

BTC has maintained its strength above the Fibonacci (Fib) 1.272 level at around $103,835. As the digital currency comes near the Fib 1.618 point, investors are expecting it to break through and rise. The next several days will play a significant role in whether BTC can build on its advances or reverse course.

Egrag Crypto highlighted that Bitcoin is only 63% of the way towards its target price of $103,835. The currency has demonstrated strength over the past two weeks by remaining above key support levels. According to Egrag, Bitcoin might be preparing for a big price move as it approaches the Fib 1.618 level. If Bitcoin breaks past this resistance, it may mark the start of a strong rally. However, watching short-term movements will reveal whether it can sustain its progress.

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Source: X

Bitcoin’s chart is showing signs that the market could become more volatile. The ability of Bitcoin to overcome the 1.618 Fibonacci level will play a crucial role in its movement. Analysts are observing how Bitcoin behaves in the next few days. Moving past this resistance level would indicate that the trend is still upward. On the other hand, a failure to sustain these ranges could result in prices shuffling sideways before moving up significantly.

Bitcoin’s Ongoing Correction

More Crypto Online recently revealed that Bitcoin should be viewed as still undergoing a correction process. Further increases are possible, but the current price structure does not confirm that prices will remain low. A solid uptrend in Bitcoin would show as a diagonal pattern that has yet to occur.

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Source: X

According to More Crypto Online, the crucial point is whether BTC constructs a strong upward five-wave pattern. If the price continues this trend, it would indicate an actual uptrend, and traders would likely notice it. As long as there is no clear trend, its ongoing success is yet to be seen. Cryptocurrencies are waiting for more apparent signs of where the market is headed in the near future.

BTC next steps depend on its success in breaking above some crucial levels of resistance. In the following days, how BTC performs will play a significant role in deciding if its rise will continue or if a drop is expected. Traders have to remain alert while the market is in motion.

Related Reading: Arbitrum Price Prediction: ARB Eyes Breakout Towards $0.92

Bitcoin Climbs to $105K While Support at $96,700 Remains in Focus

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  • Bitcoin is testing key support at $96,700, with a potential rebound if it holds after recent price dips.
  • The Fear & Greed Index remains neutral, suggesting slow market movement and a possible Bitcoin price recovery.
  • As Bitcoin dominance increases, altcoins face downward pressure, with investors focusing more on Bitcoin.

Bitcoin is on the verge of testing support at $96,700, and if it does, it could bounce back after the minor drop in its value. CryptoQuant revealed that the crucial level is also the average price at which short-term investors bought, making it an important level for traders to observe. If this level is sustained, the latest decline may be over, and a recovery period could start.

The Fear & Greed Index is at a neutral value, indicating that the market does not currently exhibit high levels of optimism. The cryptocurrency market appears to be quiet, lacking signs of aggressive buying, which is typically associated with price surges. Since buying is slow, Bitcoin’s price could move more calmly and a return above the $96,700 support is expected. Investors have the opportunity to use this pattern to invest right as the price heads upward after a dip.

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Source: X

Bitcoin Dominance Rising

The cryptocurrency market is closely watching how Bitcoin behaves near its support level at $96,700. If the price doesn’t drop and continues to increase, it could mean Bitcoin is regaining strength after its recent drop. After recovering, investors could feel more secure about getting back into the market. However, if the price continues to drop after this level, it could indicate that there are more dips to come before it recovers.

Alternative coins, including Ethereum, are losing strength due to the increased dominance of Bitcoin. As Bitcoin Dominance goes up, investors tend to shift away from altcoins and focus more on BTC. The trend indicates that altcoins may not do well when BTC goes down, since their prices usually move in sync with BTC market.

As of press time, BTC is trading at $105,244, and the trading volume for the past 24 hours is approximately $23.43 billion. While BTC gained 0.87% in the last day, it has lost 4.05% over the last week.

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Market Stabilization Signals

Investors should not panic and regularly look for signs that the market may be stabilizing. After the correction phase ends and liquidity comes back, there might be chances to take new positions. Nevertheless, as long as the signals of recovery remain unclear, it is better not to rush into risky decisions, since volatility still affects the market.

BTC movement next will likely be determined by its $96,700 support. While waiting for a rebound, investors are advised to monitor the market and be prepared to enter it when the correction finishes.

Related Reading | Ethereum’s Critical Support Zones: Will $2,400 Hold or Lead to Further Losses?

Bitcoin Holders Add $33B: Is a $200K Price Target Now in Sight?

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  • Long-term Bitcoin holders have purchased 300,000 BTC in the past 20 days.
  • The total value of BTC accumulated by these holders exceeds $32.9 billion.
  • Spending activity by long-term holders has dropped to its lowest level in eight months.

The Bitcoin (BTC) market has entered a strong accumulation phase as long-term holders reduce spending and add to their positions. These investors have gathered 300,000 BTC over the past 20 days for a total value of about $32.9 billion. It demonstrates that both transactions and investor confidence are rising among experienced members of the crypto world.

Spending from long-term holders has fallen to its lowest level in eight months, signaling strong conviction in Bitcoin’s future. There has usually been little spending from this group before important bullish trends start. Because demand is stable and supply is low, signs now point to an expected price bump.

This decline in spending and rapid accumulation reflect a growing belief in Bitcoin’s long-term price strength. Investors who have experienced several market cycles are holding firm despite Bitcoin nearing its past highs. These actions mean that selling pressure is likely to stay low in the short run.

Long-Term Holders Push Bitcoin Supply Off Exchanges

Long-term investors are transferring a lot of Bitcoin out of the active supply, making it less available on exchanges. Because of this, there isn’t as much downward pressure on prices when demand continues to increase. Its effect is felt even more strongly now because reduced miner rewards make the market more bullish after the halving.

The accumulation of 300,000 BTC within a short period is helping these holders further improve their standing in the crypto world. Holding on to their cost basis helps investors survive a market fall. Previously, this group tended to purchase more Bitcoin as it approached these important levels.

A big surge in buying creates a less liquid supply of Bitcoin, which is vital for fast traders and organizations. Prices may go up if demand stays unchanged or grows higher, since there is not enough produce to meet demand. The previous time this type of behavior appeared, Bitcoin saw a lengthy climb.

On-Chain Signals Flash Bullish Momentum

Recent stats from Glassnode demonstrate that more people are using Bitcoin due to the surge in unique BTC addresses. A steady increase in this metric signals stronger activity across the network. More people often show interest in crypto before the price rises, particularly when supply is low.

The number of active addresses judged over the last 30 days just overtook the amount seen over the past year. Traditionally, this combination means the market is getting stronger and may head higher. We saw the same increase in late 2024 before prices started to rise.

Optimism is rising again, since the 30-day average is now leading the longer trend for the first time. This could mark the start of a fresh phase of growth in the Bitcoin market. If user activity continues to increase, Bitcoin could break new highs in 2025.

Supply Shock Builds Ahead of Potential Breakout

With both LTH spending declining and the supply cut following halving, the conditions for a supply shock are created. Bitcoin’s limited issuance is now facing stronger demand from both institutional and retail participants. This condition frequently leads to increasing product prices.

Bitcoin’s recent rally toward its previous peak has not triggered mass profit-taking among long-term holders. Instead, the rate of acquisition has increased, strengthening support areas and decreasing volatility. Consequently, there is widespread expectation that a major breakout is on the way.

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Bitcoin Analysts Reveal Key Price Zones: $53K Buy Or $300K Surge?

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Crypto Tony, one of the leading Crypto analysts, shared his views on Bitcoin (BTC). In a recent X post, the analyst highlighted the price range of $53,000 to $60,000 as a key buying zone and recommended investors apply a laddering tactic within it.

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Based on the analysis given by Crypto Tony, the market requires to go a little lower to attain capitulation in order to have the next monumental move up. The analyst noted that whenever there is an occurrence of celebrity-endorsed coins, it is usually a sign of a short-term top situation hence the possibility of deeper correction existing.

Tony highlighted the range of $53K – $60K, which, in his opinion, is ideal for achieving the goal. He also said that he would ladder down if needed, as he believes the market still has to lose more to achieve capitulation before another rally happens. The analyst pointed out that the increase in the number of celebrity coins usually precedes the market’s short-term high.

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Positive Bitcoin Outlook

However, Egrag Crypto gave a positive outlook on the future of Bitcoin as compared to other sources. In a recent post about X, Egrag explained the way Bitcoin has been pressured above the Fibonacci Circle 1. 618 level. 

The analyst perceives this consolidation as good support for a possible price rise. As per Egrag’s analysis, the minimum price at this superior consolidation level is expected at $133,000, and the upper boundary of the Fibonacci 2.0 Circle indicates that it probably rose to about $300,000 at some point.

These different outlooks from two influential analysts show that there are different approaches and stances within the crypto sphere. Tony is quite conservative in his trading style; he only plans to purchase tokens during these selloffs while trying to anticipate another significant decline. However, in the case of the analysis of Egrag Crypto, the picture is more optimistic, and investors are advised to focus on the context of possible high growth rates in the future.

While the crypto world still remains focused on Bitcoin’s next steps, everything said by Crypto Tony and Egrag Crypto will undoubtfully affect trading and investment plans. It remains to be seen whether Bitcoin would continue the decline or skyrocket higher

Bitcoin’s Price Crossroads: Analysts Eye $61,000 to $59,000 Amid Bearish Signals

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Bitcoin (BTC) has re­cently exhibited indicators sugge­sting a possible decline in value­, prompting analysts to urge caution as they anticipate the­ cryptocurrency potentially falling to the $59,000 le­vel. This cautionary advice eme­rges amidst ongoing fluctuations in the crypto market, whe­re investors vigilantly track Bitcoin’s trajectory.

At the­ time of writing, Bitcoin’s curre­nt price stands at $63,448, accompanied by a substantial 24-hour trading volume of $164.53 billion and a marke­t capitalization of $1.25 trillion. Over the prece­ding day, BTC’s price has experie­nced a 4.10% decrease­.

BTC 1D graph coinmarketcap 18
Source: CoinMarketcap

Bitcoin’s Bearish Outlook: $61,000 to $59,000 Targets

Crypto analysts Ali Martinez and Rekt Capital have recently delved into the intricate web of Bitcoin’s price movements, shedding light on pivotal signals that could shape its trajectory. Martinez, in particular, underscored two crucial sell indicators discernible on Bitcoin’s 12-hour chart.

Firstly, Martinez flagged the emergence of a foreboding death cross pattern between the 50 and 100 Simple Moving Averages (SMA). This ominous crossover traditionally heralds a shift in market sentiment towards the bearish end of the spectrum, signaling potential storm clouds gathering on the horizon.

Secondly, Martinez pointed out the appearance of a conspicuous red 9 candlestick courtesy of the TD Sequential indicator. Such a sighting typically signifies potential exhaustion in the prevailing uptrend, akin to a weary traveler pausing for breath before embarking on a daunting journey ahead.

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Considering the­ significant indicators, Martinez issued a cautious advisory: if Bitcoin’s price falls be­low the crucial $63,300 support level, inve­stors should prepare for potential downward move­ments. In such a scenario, the anticipate­d price targets could range from $61,000 to $59,000, marking pote­ntial vulnerable zones amid the­ volatile cryptocurrency trading market.

Re­kt Capital echoed similar concerns, noting that BTC has struggle­d to surpass the $65,600 resistance le­vel, failing to establish it as a solid support zone. Additionally, Re­kt Capital observed a recurring patte­rn where Bitcoin’s price has consiste­ntly faced rejections around the­ $60,600 mark over several we­eks, indicating a liquidity pool in that area.

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Considering this, they proposed that if this downtrend continues, there is a chance we might see BTC returning back to this area of liquidity again. Such analysis highlights the need for watching important support and resistance zones as they can provide insights about where prices are headed over short periods of bitcoins.

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