Bitcoin Price Forecast: Key Scenarios For Tomorrow’s FOMC Decision
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 percent; CME Group’s FedWatch tool assigns a 98.2 percent probability to an unchanged stance. That near‑certainty, however, has not muffled political noise. President Donald Trump and Treasury Secretary Scott Bessent have publicly pressed for lower borrowing costs, yet Powell’s most recent public remarks on 16 April framed monetary policy as “in a wait‑and‑see mode,” adding that the labor market “is in decent shape” but that the Fed’s “obligation is to keep longer‑term inflation expectations well anchored and to make certain that a one‑time increase in the price level does not become an ongoing inflation problem.” In effect, the central bank continues to prioritize price stability even as leading indicators imply a cooling economy and a likely pivot to easing in the second half of the year. FOMC Preview For Bitcoin For Bitcoin, the debate is less about whether the Fed blinks tomorrow and more about how algorithmic liquidity and discretionary positioning react to the tone of Powell’s press conference. Crypto trader Josh Rager told his followers on X, “Expect chop chop until FOMC tomorrow. Then after the rate cut announcement, expect volatility. With a reversal during Powell’s speech. That’s my FOMC playbook at the moment.” Although Rager’s baseline presumes an eventual reduction in rates, his near‑term focus is the intraday whipsaw that typically frames the statement‑and‑Q&A window. Related Reading Astronomer (@astronomer_zero) offered a more probabilistic roadmap, emphasizing that his trademarked FOMC‑reversal model has “consistently provided reversals with an over 85 percent chance. If the mechanics continue to play out for this month, that would mean we would (have) top(ped) out this or last week before a significant move down.” Yet he tempers that historical edge by noting that the prevailing quarterly uptrend in Bitcoin could blunt the signal: “That would mean that this and/or next FOMC meeting both have a weakened reversal effect in the midst of what I expect to be a strong uptrend.” Bitcoin vs FOMC analysis | Source: X @astronomer_zero In practical terms, he foresees: “I think the most likely scenario (76% chance) is a move up from here and the FOMC reversal gets completely ignored. The smaller chance (24%) is indeed a rather shallow pullback within our stoploss area.” Related Reading Columbus (@columbus0x) looks to the microstructure for confirmation. Citing a Hyblock heat‑map of liquidations, he expects “a wick below into the box… below the equal lows and also exactly the area that Hyblock has highlighted as a yellow zone,” a region that coincides with the 0.382 Fibonacci retracement from the last significant swing low. Should Powell strike a hawkish tone, Columbus anticipates “a deviation below the range low / a retest of the 200‑day SMA, closing the CME gap between $91.8 and$92.4 k – or possibly even dipping into the high $80’s. Nonetheless: trend is up.” Bitcoin price analysis | Source: X @columbus0x Momentum diagnostics add a final layer. Titan of Crypto observes that Bitcoin “is consolidating between last week’s high and low, awaiting tomorrow’s FOMC meeting and Jerome Powell’s speech. Meanwhile, the daily MACD is crossing bearish, signaling slowing momentum.” A confirmed rollover in the histogram would align with the shallow‑pullback scenario outlined by Astronomer and Columbus, yet the consolidation itself keeps higher‑time‑frame trend traders constructive Bitcoin technical analysis | Source: X @Washigorira Taken together, tomorrow’s decision appears binary only on the surface; the real determinant is Powell’s forward‑guidance language and its impact on terminal‑rate pricing. If the Chair stresses patience while acknowledging softer data, the curve could begin to discount a June cut, providing a macro tailwind that validates the bulls’ quarterly thesis. Conversely, any hint of renewed vigilance on inflation would embolden short‑term bears hunting liquidity below $92 k. Either way, the tape has little room for complacency: liquidity is thin, options gamma is clustered around the psychologically resonant $100,000 strike, and the narrative energy surrounding a second‑half‑of‑2025 easing cycle is colliding head‑on with the Fed’s near‑term inflation mandate. At press time, BTC traded at $94,097. BTC price, 1-day chart | Source: BTCUSDT on TradingView.com Featured image from Shutterstock, chart from TradingView.com
Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs. Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle In an X post, Tolimanu noted that in Elliot Wave Theory, a 5-wave move up typically marks a primary trend, and an ‘ABC’ correction is a natural retracement of that trend. Based on this, he stated that unless this Bitcoin correction breaks major long-term support levels, such a decline would typically set up the next higher-degree bullish phase. Related Reading On the bearish side, his accompanying chart showed that Bitcoin could still correct to as low as $73,969 on wave C of the ABC correction. However, as the analyst suggested, a hold above this support level could send BTC to new highs. Source: Tolimanu on X Technical expert Tony Severino also recently warned that the Bitcoin price is in a precarious position. Despite the recent surge, he suggested that BTC is still in a bearish position. The expert remarked that if the daily momentum crosses bearish, it could prevent the weekly bullish crossover and pull the weekly LMACD below zero. In another post, Severino noted that Bitcoin’s daily RSI failed to get above 70, which is a key trigger required for a bullish impulse. He remarked that failure at 70 the last time led to the most vicious leg down of the last bear market. He added that the entire bear market remained below 70. The technical expert also noted that in 2023, the two local tops did make it above 70, but it wasn’t convincing enough, while in 2024, the entire corrective phase stayed below 70 on the RSI. Basically, Severino highlighted the importance of 70 on the RSI and how BTC is still in a bearish position. BTC Looking To Fill CME Gaps Below And Above Crypto analyst Titan of Crypto revealed that Bitcoin is looking to CME futures gaps below and above its current price. The upside gap is between $96,480 and $97,300, while the downside gap is between $91,990 and $93,400. In another post, the analyst suggested that BTC might fill the downside gap before moving to the upside targets. This came as he noted that the next key support for Bitcoin is the daily Fair Value Gap, which is around $90,000. The analyst added that a bounce from that zone is likely. His accompanying chart showed that the target on this bounce is $102,096. At the time of writing, the Bitcoin price is trading at around $94,300, down in the last 24 hours, according to data from CoinMarketCap. BTC trading at $94,316 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com
Raoul Pal: Bitcoin Could Hit $450,000 In Liquidity-Driven Supercycle
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. At Sui Basecamp, macro investor and Real Vision co-founder Raoul Pal delivered a characteristically sweeping address that framed the current crypto market environment as the beginning of what he called a “liquidity-driven supercycle” — with Bitcoin potentially reaching $450,000 before the end of it. Drawing from over three decades of macroeconomic research, Pal outlined his thesis through the lens of what he terms the “Everything Code,” a framework that centers on global liquidity, debt cycles, and currency debasement as the core forces shaping asset prices across all markets. Why $450,000 Bitcoin Is Possible? “Bitcoin’s year-on-year rate of change is driven by financial conditions with a three-month lag,” said Pal, pointing to the remarkably consistent correlation between total global liquidity and the price action of major assets. “The correlation between Bitcoin and global liquidity is 90%, and with the Nasdaq, it’s 95%. It’s hard to refute that this is not what is happening.” According to Pal, this correlation is not incidental — it is structurally tied to how the modern macro system operates, especially in a post-2008 world characterized by chronic debt overhang and systematic liquidity injections. Pal emphasized that most people misunderstand the true driver of crypto cycles. “Everyone talks about the halving, but this is about the debt refi cycle. Every four years, global debt rolls over, and central banks are forced to pump liquidity to avoid systemic collapse.” He added that the average maturity of global debt is four years, concentrated in the three- to five-year sector, which naturally produces cyclical liquidity waves that coincide with market booms in crypto. The mechanism, Pal argued, is a global financial shell game: “Scarce assets keep going up in price — real estate, equities, art, gold. Young people can’t afford them. What’s actually happening is a global taxation of 8% a year you don’t understand. Add in another 3% global inflation, and you’re looking at 11% debasement.” In this context, Bitcoin — with its fixed supply and decentralized nature — becomes, in Pal’s view, a rational escape valve for capital. Related Reading Notably, Pal referred to Bitcoin as the single best-performing asset in all of financial history, citing a 27.5 million percent return since 2012 and an average annualized return of 130%, despite massive drawdowns. “Nothing has ever come close,” he said, before comparing its performance to that of Ethereum (113%) and Solana (142%), with the caveat that Solana’s data covers a shorter timeframe. While some of his statements may appear hyperbolic, Pal backed them with a detailed macro analysis and time-tested indicators. He invoked his use of Demark indicators — a technical analysis tool — which flagged significant market turning points in prior cycles, and are now suggesting a breakout continuation for Bitcoin. According to his models, should the ISM (Institute for Supply Management) Manufacturing Index reach a level of 57, Bitcoin could be fairly priced at $450,000. “Is it exact? No. But all the people who are saying it’s going to $150K or $250K are probably scarred from the last cycle,” Pal argued, stressing the importance of forward-looking data. Related Reading He also dismissed current bearish sentiment as misguided and backward-looking: “People are creating narratives for today to explain liquidity conditions from three months ago,” he said, criticizing popular economic commentary on platforms like X. To Pal, the market has already priced in recent economic weakness — including fears surrounding tariffs, the slowing economy, and geopolitical tensions — and is beginning to pivot toward the next liquidity expansion phase. “Bitcoin’s already priced it down to 47.4 on the business cycle indicator,” he said, referencing data that had only just come out the day before. “But financial conditions lead by nine months, and they’re turning.” When Will BTC Peak? Pal’s broader view is that we are now entering “the banana zone,” his term for the high-velocity portion of the crypto cycle where prices move sharply upward. “Every cycle looks the same. Breakout, retest, banana zone. We’ve had banana one, the corrective zone, banana two. What’s next is banana three.” He believes the current setup is unusually strong due to a confluence of factors: synchronized global liquidity expansion, a weakening dollar, central banks beginning to ease, and retail plus institutional underexposure to risk assets. As he concluded his speech, Pal reinforced his thesis with urgency but caution: “We’ve got the central banks debasing currency, giving us a gigantic tailwind. They don’t want the system to break. Every time something happens, they inject more liquidity. They’re giving you free money. And to take that money, you need the volatility.” He warned against overtrading, using leverage, or panicking during inevitable corrections. “Don’t f*** this up,” he said, referencing his own past mistakes during the 2017 bull run. “Hold on to your tokens. Be careful. Don’t get FOMO. Follow the liquidity.” Pal expects this cycle to extend potentially into Q1 or Q2 of 2026, especially if political dynamics around a possible Trump re-election push the liquidity cycle even further. Whether Bitcoin ultimately reaches $450,000 remains to be seen, but Pal’s thesis is clear: the macro tailwinds are aligned, the data supports it, and this may be — as he puts it — “the greatest macro opportunity of all time.” At press time, BTC traded at $94,191. BTC hovers above key support, 1-day chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, according to CoinGecko data. This comes on the heels of a significant sell-off in April, when Bitcoin dipped to as low as $74,000. However, renewed hopes for a new all-time high are emerging among investors and analysts of the market. Bitcoin Bullishness Grows The bullish sentiment surrounding Bitcoin has been further emphasized by crypto analyst Doctor Profit, who suggests that the cryptocurrency is on a strong upward trajectory. He confidently states that in a year, Bitcoin will likely not fall below the $100,000 threshold again. Last week, Doctor Profit noted that Bitcoin has surged over 25% since his entry point at $77,000. He highlighted a critical breakout above the “Hammer Line,” a key resistance level he had previously identified at around $85,000, asserting that this breakout would pave the way for further gains. Related Reading One of the primary catalysts for this recent surge, according to the analyst, has been the aggressive accumulation of Bitcoin by US-listed exchange-traded funds (ETFs). On Tuesday of the past week, these ETFs recorded nearly $1 billion in net inflows, marking one of the highest daily totals for the year. In just three trading days, a staggering $1.4 billion has been poured into Bitcoin ETFs, indicating a strong institutional appetite for the cryptocurrency during a period of market uncertainty. Adding to the bullish narrative, Bitcoin’s liquid supply is dwindling at an alarming rate. Recent days have seen a significant decline in exchange reserves, as large buyers withdraw coins from centralized platforms to store them in cold wallets. Reports from OTC desks indicate thin supply levels, suggesting that major accumulation is taking place behind the scenes. Even established financial giants like Fidelity have issued warnings about an impending Bitcoin supply shock, further fueling investor interest. $100,000 Target Within Reach? Doctor Profit also highlighted a notable development not only for BTC, but for the broader digital asset industry as Binance recently disclosed that it has received inquiries from multiple governments worldwide regarding strategic reserves of Bitcoin. This signals a growing recognition among sovereign entities of Bitcoin’s potential role as a strategic asset, akin to gold. As countries contemplate their own Bitcoin reserves, questions arise about the availability of Bitcoin in the market and the implications of a supply shock. Related Reading Looking ahead, the analyst remains optimistic about Bitcoin’s trajectory. Following its recent momentum and the breakout above the Hammer Line, the $100,000 target appears increasingly achievable. Doctor Profit maintains that there is no change to his previous assessment and anticipates that the Federal Open Market Committee (FOMC) meeting this week will further influence market dynamics. He continues to express confidence that Bitcoin could not only reach $100,000 but also establish a new all-time high in the coming weeks. The daily chart shows BTC’s price recovery above $90,000. Source: BTCUSDT on TradingView.com Featured image from DALL-E, chart from TradingView.com
Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4. This latest acquisition brings the company’s total Bitcoin holdings to 555,450 BTC, valued at approximately $38.08 billion, with an average purchase price of $68,550 per BTC. Strategy Announces New $21 Billion ATM Offering The acquisition was financed through a strategic combination of common and preferred stock sales. Specifically, Strategy raised $128.5 million through its common stock at-the-market (ATM) program and an additional $51.8 million from the sale of STRK preferred shares. Notably, this latest transaction exhausts the company’s previous $21 billion ATM offering that was initiated last year. Related Reading Michael Saylor, co-founder of Strategy and a well-known advocate for BTC, also shared on social media that the company has achieved a year-to-date Bitcoin yield of 14.0% as of May 4, 2025. He emphasized that the firm currently holds 555,450 BTC, acquired for approximately $38.08 billion. In a bid to further bolster its BTC accumulation strategy, Strategy announced last week plans to double its capital raising capacity. This includes introducing a new $21 billion ATM offering and expanding its debt purchase program to $42 billion. These initiatives indicate the company’s commitment to enhancing its BTC-heavy balance sheet, even in light of recent financial challenges, including five consecutive quarterly net losses. Institutional Demand For Bitcoin Surges During its latest earnings call, Strategy unveiled the “42/42 Plan,” a roadmap aimed at raising $84 billion in capital over the next two years. The plan involves splitting the funding equally between equity and fixed-income instruments, all earmarked for future BTC acquisitions. Despite reporting ongoing losses, investor sentiment remains optimistic. Strategy continues to be the largest corporate holder of BTC, with its holdings representing nearly 3% of Bitcoin’s maximum supply. At current market prices around $94,000, the company’s bitcoin assets are valued at over $52 billion. Related Reading This recent purchase comes amid a backdrop of strong institutional demand for BTC, particularly through regulated investment vehicles. Notably, BlackRock’s iShares Bitcoin Trust ETF (IBIT) has experienced significant inflows in the past two weeks, reflecting growing interest from institutional investors. The daily chart shows BTC’s price retrace back toward $94,000. Source: BTCUSDT on TradingView.com However, despite the positive outlook on its BTC strategy, Strategy’s shares were down 2.7% in pre-market trading on Monday, following a gain of over 3% last Thursday. Bitcoin, on the other hand, is trading at $94,596, a slight decrease of 0.2% in the 24-hour time frame, and gains of up to 13% in the monthly period for the market’s largest cryptocurrency. Featured image from DALL-E, chart from TradingView.com
LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price faced a rejection following its surge to $97,000 last week. Technical expert Tony Severino has commented on this development and alluded to the LMACD indicator, which has revealed what is next for the flagship crypto. What Is Next For The Bitcoin Price After Rejection At $97,000 In an X post, Tony Severino stated that multiple BTC timeframe analyses using the LMACD indicator suggest that the Bitcoin price is in a precarious position. He remarked that if the daily momentum crosses bearish, it could prevent the weekly bullish crossover and pull the weekly LMACD below zero. This would cross the monthly LMACD back bearish. Related Reading With several important timeframes in sync, Severino warned that market participants could see a more aggressive down move for the Bitcoin price. On the other hand, the technical expert noted that the daily LMACD diverging upward could cross the weekly bullish and avoid another monthly crossover, which could be bullish. Source: Tony Severino on X However, he suggested that a Bitcoin price decline is more likely at the moment, as the monthly LMACD is the most dominant of the three signals, which looks to hint at a downtrend. He added that this indicator also has the strength to pull the other timeframes with it. Severino failed to mention how low BTC could drop on this projected price decline. Meanwhile, crypto analyst Ali Martinez also warned about a potential Bitcoin price decline. In an X post, he stated that BTC could soon pull back as the TD Sequential indicator is flashing a sell signal. The analyst warned that if Bitcoin loses the $94,765 support level, it could drop to as low as $90,000 or even $86,000. How History Could Repeat Itself For BTC Crypto analyst Rekt Capital raised the possibility of the Bitcoin price repeating a similar move from last year. For history to repeat itself, he noted that BTC would need to reject from $99,000, hold above $93,500, break the $97,000 to $99,000 range, reject from $104,500, hold the $97,000 to $99,000 range as support, and then break out to new all-time highs (ATHs). Related Reading Commenting on the current price action, crypto analyst Titan of Crypto noted that the Bitcoin price is pulling back to a key support confluence. He added that a strong reaction from this current zone would confirm that the upward trend remains intact. His accompanying chart showed that the $95,423 price level is the area to watch. Failure to reclaim this level soon enough could start a downtrend for the flagship crypto. At the time of writing, the Bitcoin price is trading at around $94,700, down in the last 24 hours, according to data from CoinMarketCap. BTC trading at $94,373 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com
Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to a recent post on X by Shaco AI, Bitcoin (BTC) is showing a bit of “stage fright” as it hovers just below key short-term moving averages, signaling a potential loss of momentum. At the time of writing, BTC is trading at $94,383, beneath both the 25-hour Simple Moving Average (SMA) at $95,192 and the 50-hour SMA at $95,675. This positioning reflects a cautious stance among traders, with bulls unable to reclaim control and bears subtly tightening their grip. The dip below these moving averages paints a short-term bearish picture, as Shaco AI described it, “Mama Bear pulling Baby Bitcoin down.” This metaphor highlights the building pressure on Bitcoin as it attempts to break free from its current consolidation range. Without a convincing move above these SMAs, the market may remain hesitant, with the risk of further downside looming unless stronger bullish momentum emerges soon. RSI And MACD Paint A Cautious Picture In his effort to further support his analysis, Shaco AI pointed to momentum indicators that are beginning to flash cautionary signals. One of the key indicators, the Relative Strength Index (RSI), is currently resting at a rather subdued 38.78. Related Reading This level typically suggests that an asset may be nearing oversold territory, hinting that Bitcoin could be undervalued at the moment. However, instead of signaling a confident bounce, the RSI appears more hesitant, as if BTC is simply feeling “shy” at this bearish gathering, uncertain whether to retreat further or gather the courage to rebound. BTC eyes bearish descent | Source: Shaco AI on X Adding to the uncertainty, Shaco AI drew attention to the Moving Average Convergence Divergence (MACD), which currently stands at -432.37. While this negative reading implies that bearish momentum is present, the MACD’s behavior hasn’t been decisive. It’s more of a quiet murmur than a clear call, “whispering secrets,” as Shaco AI aptly described it, about a potential shift in trend. He also noted an interesting detail for the crowd: trading volume has been notably muted. With current volume at 527.17304, falling short of the average 593.655497, it’s as if the market is tiptoeing, trying not to disturb the calm. This subdued activity suggests that traders may be sitting on their hands, waiting for a clearer signal before making any bold moves. Structural Levels For Bitcoin To Watch Analyzing Bitcoin’s current structural setup, Shaco noted that key support lies at $93,514.1, a potential safety net if bearish momentum intensifies. On the upside, resistance is firmly positioned around $96,593, acting as a critical barrier should BTC attempt an unexpected upward breakout. Related Reading In conclusion, Shaco AI advised traders to stay alert as Bitcoin teeters at a critical juncture. Whether it continues to drift downward or stages a bold rebound from its support levels remains to be seen. Investors should keep a close eye on momentum shifts and volume spikes for early clues on its next act. BTC trading at $94,620 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com
Bitcoin Hits 6-Month High In Active Addresses: Is $100K The Next Target?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin bulls are trying to push higher from just under $97,000, attempting to confirm its latest breakout above a multi-day consolidation range. After stalling near $95,000 for over a week, Bitcoin broke out to $97,000 before reversing and forming a fair value gap. Related Reading This has led to a surge in activity on the Bitcoin blockchain, and the next outlook is whether the current structure holds for a continuation to $100,000 or if this momentum could falter at a zone of resistance. Bitcoin Reaches 6-Month Peak In Network Activity One of the most notable shifts in market dynamics came from the on-chain side. According to crypto analyst Ali Martinez, Bitcoin just recorded its highest number of active addresses in the past six months. As shared in a post on social media platform X, Martinez noted that 925,914 BTC addresses were active within a single day, which is an unusually high level of engagement on the Bitcoin blockchain. The accompanying Glassnode chart reveals how steep this surge has been, building on a gradual climb that started in the last week of April. Interestingly, the spike in Bitcoin activity coincides with its recent reclaim of the $95,000 price range. Image From X: @ali_charts Adding to the bullish case, crypto analyst TehThomas shared a compelling technical analysis that pointed to a breakout continuation toward $100,000. Interpretation of the BTCUSDT 4-hour timeframe shows an almost identical structure to the one seen in mid-April. Back then, Bitcoin consolidated near $86,000, broke out, left behind a fair value gap (FVG), retested the gap, and rallied nearly $10,000. A mirror image of this pattern is currently unfolding. The Bitcoin price compressed below $95,000, broke through resistance, and created a fresh FVG between $94,200 and $95,000. BTC is now trading at $95,424. Chart: TradingView TehThomas noted that the key is not to chase the breakout but to wait for a clean retest of the new FVG. If buyers defend that area as they did earlier this month, the road to $100,000 is structurally intact. However, even though the structure currently favors the bulls, the situation could turn bearish if Bitcoin drops back into the old range below $94,000. Chart from TradingView Bearish Golden Pocket Setup Highlights Risk Ahead Not all analysts are convinced that Bitcoin will reach $100,000 again without a shakeout first. A counterview on the TradingView platform highlights a possible short-term bearish setup based on the BTCUSDT 15-minute chart. According to the analyst, the current upward retracement appears corrective rather than impulsive, forming a classic short setup within a strong fair value gap resistance zone. Technical analysis shows that Bitcoin has retraced into a region that aligns with a bearish fair value gap and the golden pocket zone defined by the 0.618 to 0.65 Fibonacci levels. Related Reading As it stands, the fair value gap is sitting between $97,000 and $97,450. Should price fail to break through this supply region, it could reverse and catch bulls off guard. Chart from TradingView At the time of writing, Bitcoin was trading at $96,040. Featured image from Unsplash, chart from TradingView
Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential for a significant move toward the six-figure price territory. Market expert Titan Of Crypto has announced on X (formerly Twitter) that Bitcoin has officially hit a local bottom. The analyst shared a chart showcasing that Bitcoin is flashing one of the strongest bullish signals. Bitcoin Price Establishes Solid Local Bottom According to the Ichimoku Cloud analysis, BTC’s price has closed firmly above the Tenkan (red line), Kijun (blue line), and Kimo cloud. All of these Ichimoku lines are sloping upwards, reinforcing that Bitcoin’s momentum and trend structure are aligned. A close above the Tenkan signals short-term bullish momentum, while the Kijun confirms strength in a medium-trend. The thick Kimo cloud represents the most bullish configuration, indicating clear trend dominance. Furthermore, when Bitcoin closes above all Ichimoku lines, it establishes a dynamic support or resistance zone, validating the overall bullish structure. Adding more weight to this bullish signal, Titan of Crypto revealed that Bitcoin has reclaimed the April high, a key resistance level of around $95,173, which is now acting as a support area. The rectangular zone highlighted as “the local bottom” on the chart reflects price action between February and April 2025, where BTC formed a higher low above the Kijun. The bullish April monthly candle close above this zone officially establishes this region as a strong foundational support, which validates the possibility of a local bottom from a technical standpoint. Source: Titan of Crypto on X With the local bottom confirmed and momentum on its side, Bitcoin could be headed to the next likely resistance area, marked on the chart as the “Next Point of Interest.” This area sits above the $110,000 region, near $115,000. For this bullish scenario to play out, BTC must maintain its position above the April high and the Kijun as dynamic support. Bulls will need to defend any retracements toward these zones to preserve momentum. Failure to do so could lead to a deeper correction, effectively invalidating the bullish outlook. BTC Price Action Looks Strong In a more recent X post, Titan of Crypto announced that Bitcoin is breaking out of a tight range and its price action looks strong. He shared an Ichimoku Cloud analysis of the cryptocurrency, showing a potential bullish breakout setup on the 1-day timeframe. Related Reading Looking at the price chart, Bitcoin has been consolidating between $92,880 and $95,800 over the past several days, but momentum appears to be building for a potential breakout. A confirmed close above $95,800 would validate the breakout and open the door for a bullish continuation, with the price target set near $99,000. BTC trading at $97,000 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com
Peter Brandt Predicts When Bitcoin Price Might Reach $150,000, Technical Signals Show Where Market Is At
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price action has broken above $96,000 in the past 24 hours, strengthening the case for a sustained move into six-figure territory. This recent price action is particularly significant as it marks a clean breakout above a key on-chain resistance zone stretching from $93,000 to $95,000, which many analysts believe could determine whether Bitcoin’s next leg takes it into six-figure territory. Supporting this momentum is a long-term technical outlook by renowned trader Peter Brandt, who projected that Bitcoin remains on course to set new all-time highs, with a potential price peak exceeding $150,000 on his projected timeline. Peter Brandt Maps Timeline For $150,000 Bitcoin Top With Parabolic Structure Veteran trader Peter Brandt shared a weekly candlestick Bitcoin price chart on social media, highlighting a path toward $150,000 by late summer 2025. According to Brandt’s post on social media platform X, Bitcoin is currently trading below a parabolic trendline that is key to the final leg of the current bull cycle. Interestingly, this parabolic trendline has served as an upper resistance for Bitcoin’s price peaks and all-time highs since 2021. Related Reading: Bitcoin Price Prediction: The Last Leg-Up That Confirms A Resounding Rally To $150,000 Brandt’s chart captures a variety of classical technical formations, including multiple head and shoulders patterns, expanding triangles, and consolidation wedges. The breakout from the recent wedge pattern serves as his basis for suggesting that the bull market is structurally intact. BTC to surge to new all-time highs | Source: Peter Brandt on X According to his projection, the parabolic slope that Bitcoin needs to overcome currently sits around the $120,000 mark. A decisive breakout above this threshold would set the stage for a run-up to a cycle top. Brand noted that this cycle top would be between $125,000 and $150,000, and the timeline is by August or September 2025. On-Chain Indicators Reveal Pressure Points Around $93,000 To $95,000 On-chain data from on-chain analytics firm Glassnode shows that Bitcoin is currently testing the convergence of two critical resistance points: the 111-day simple moving average, which now sits at $91,300, and the short-term holder cost basis, which sits at $93,200. Related Reading: Bitcoin Price: Analyst Peter Brandt Says BTC Still Bearish Unless This Happens Notably, Bitcoin’s price structure has confirmed a higher high relative to a high of $94,000 in early May, effectively breaking the downtrend from early April. This suggests that the market may be shifting into a more aggressive accumulation phase. However, this region also represents a significant cluster of previously bought coins, meaning investors underwater during earlier pullbacks now find themselves near break-even. This could cause increased sell-side pressure if some traders take profit or exit at breakeven. Meanwhile, long-term holders continue to exhibit strong HOLDling behavior, with realized profits exceeding 350% for many. In fact, over 254,000 BTC have crossed the 155-day threshold since Bitcoin’s recent local bottom, indicating that a significant portion of the supply is maturing into long-term holdings. Many of these coins were acquired at prices above $95,000. Although current momentum clearly favours the bulls, the $93,000 to $95,000 range is a major battleground that could define Bitcoin’s trajectory in the months ahead of reaching Peter Brandt’s target of $150,000. At the time of writing, Bitcoin is trading at $96,635. BTC trading at $97,000 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pexels, chart from Tradingview.com
Bitcoin Price Surge: Nears $100,000 Mark Post Breakthrough Of 10-Week High
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. After experiencing downward pressure attributed to Donald Trump’s tariff policies, which triggered a sell-off across both the stock and digital asset markets, Bitcoin’s resurgence showcases a renewed bullish appetite among investors. Bitcoin Rebounds With $3.2 Billion In ETF Inflows To close the first quarter of the year, Bitcoin faced a steep decline, dropping as much as 30% toward $74,000 after hitting a record high of approximately $109,000 on January 20, coinciding with Trump’s second inauguration as President of the United States. However, the market has seen Bitcoin climb as much as 3.1% to reach a weekly high of $97,483, marking the highest level since February 21. The last time Bitcoin crossed the $100,000 threshold was on February 7. This upward movement comes amid a shift in market dynamics, particularly in the spot markets, where demand has increased. This suggests a transition towards momentum trading, rather than the previous trend driven primarily by macroeconomic factors such as inflation and tariffs. Exchange-traded funds (ETFs) tracking Bitcoin and Ethereum (ETH) have attracted significant inflows, with over $3.2 billion entering the market last week alone. Notably, BlackRock’s Bitcoin Trust ETF (IBIT) recorded nearly $1.5 billion in inflows, marking its highest weekly intake for the year, according to data from Bloomberg. ETH Eyes Recovery Toward $2,000 Demand for upside options has also surged in the market, with call options at the $100,000 strike price exhibiting the most open interest across various expiration dates, according to Coinglass and data from the largest crypto options exchange, Deribit. “Market sentiment has broadly shifted in favor of momentum-based trades fueled by spot demand, as BTC breaches levels not seen since early February,” stated Chris Newhouse, director of research at Ergonia, a decentralized finance (DeFi) trading firm. “BTC continues to shift between correlations with gold and equities, highlighting a more nuanced relationship with macroeconomic factors balanced by short-term momentum and spot demand,” Newhouse further told Bloomberg. Related Reading Ethereum, on the other hand, has shown a steady recovery over the past week, reinforcing its status as a key player in the decentralized finance sector and smart contract platforms, and regaining the foothold lost in the first quarter of the year. Improvements from Ethereum’s scalability upgrades, including the transition to Ethereum 2.0, have boosted performance and made the platform more attractive to developers and users. However, this has not translated into year-to-date gains for the second largest cryptocurrency compared to its peers, with losses of up to 36% over the period. Despite this, the price of ETH has seen a 14% surge in the fourteen day time frame, regaining the $1,800 level as a key support to boost the potential for further recovery towards $2,000. The daily chart shows BTC’s price surge. Source: BTCUSDT on TradingView.com Featured image from DALL-E, chart from TradingView.com
Bitcoin Price To Break Key Resistance For Rally With A Crash To This Zone First
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price seems to have hit an important make it or break it point that will determine the next course of action. While sellers seem to be running out, there is still enough pressure to keep the bulls at bay. This continuous beating down of the Bitcoin price, as well as its failure to make a notable break above resistance at $95,800 in the last few days, suggests there is more to be done. So, what happens when Bitcoin does make a definite breakout? Bitcoin Price Could Sweep Liquidity At $93,000 With the Bitcoin price being beaten down, there is the possibility that the cryptocurrency could fall a bit further before resuming its uptrend. This was explained by crypto analyst TehThomas on a TradingView post, mapping out the possible directions of Bitcoin, with both hinging on two major levels. Related Reading The first of the major levels mentioned was the resistance at $95,400-$95,800 that has been holding back the Bitcoin price from its campaign for $100,000. The analyst explains that this has become an important level to beat, given the fact that it has rejected the price multiple times already. As a result, there has been the formation of a range just underneath this resistance level as bulls seem to be backing down. However, regardless of the loss in momentum, the crypto analyst explains that the broader trend structure is still the same. This means that the Bitcoin price is still bullish, especially with a higher timeframe ascending trend line and the formation of higher lows recently. Source: TradingView The one roadblock faced by the Bitcoin price from here is the possibility of it falling to do a liquidity sweep at the $93,000-$93,800 levels. A successful sweep and a rebound from here would see adequate absorption of liquidity, which would be used to fuel a higher price rise. Thomas explains that “This zone is confluenced by the ascending trendline from previous swing lows, offering a clear area for a liquidity sweep.” Bullish Or Bearish Scenario Next? In terms of where the Bitcoin price is headed next, it comes down to the liquidity sweep and if resistance is broken. As Thomas explains, a drop to the $93,000-$93,800 level for liquidity is most likely at this point to sweep out late longs and introduce fresh liquidity into the market. “A dip into this level that still respects the trendline would maintain bullish structure despite violating the local higher low.” Related Reading On the flip side, if the Bitcoin price were to fall lower than $93,000, then the sweep could be unsuccessful. This would lead to a break in the bull structure and likely cause the price to collapse further. “In the worst case scenario possibly invalidating the breakout thesis temporarily.” BTC set to break $95,000 again | Source: BTCUSDT on TradingView.com Featured image from Dall.E, chart from TradingView.com