![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Bitcoin (BTC) Price Prediction May 2025: Can BTC Break Above $96K or Face Resistance?
May 02, 2025 at 03:15 am
Bitcoin is showing strong bullish momentum as it eyes a significant breakout toward the $125,000 to $150,000 range by late 2025.
Bitcoin (BTC) price is showing strong bullish momentum as it continues to eye a significant breakout toward the $125,000 to $150,000 range by late 2025. After reclaiming crucial technical zones, the asset is flashing signals of another parabolic run.
According to analysts, Bitcoin’s latest price action is setting the stage for a powerful upward cycle, potentially reaching its peak between August and September 2025. Bitcoin’s recent breakout from an ascending triangle pattern and continued bullish consolidation near crucial resistance levels support this view. Market sentiment is tilting firmly in favor of the bulls based on these developments.
Peter Brandt’s Parabolic Trendline Analysis
Veteran trader Peter Brandt highlights that Bitcoin has recently approached its broken parabolic trendline. If BTC manages to regain this slope, the next leg of the bull market could propel the price toward the $125K to $150K zone.
This projection aligns with previous cycle peaks and the typical exponential nature of past Bitcoin rallies. Importantly, such a sharp move may be followed by a steep correction. Historically, Bitcoin has corrected by over 50% after cycle tops. Hence, a drawdown back to the $60K–$75K range could occur post-peak.
Hey @scottmelker If Bitcoin can regain the broken parabolic slope then $BTC is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction pic.twitter.com/WUUzxl0ckn— Peter Brandt (@Peterbrandt) May 11, 2024
If Bitcoin manages to slice through the $95,000 to $115,000 zone and claim new highs, the market could witness a swift move. However, if it fails to break above this range and pulls back, it might find support around the $75,000 to $85,000 level.
On-chain analyst Ali Martinez is highlighting the MVRV Pricing Bands to outline the levels to watch in the near term. He notes that BTC is currently hanging around the +0.5σ band, which comes in at $95,870. If Bitcoin manages to close and hold above this threshold, the next key resistance to watch out for is at $114,230. This aligns with the +1.0σ band.
This level has triggered corrections in the past. Claiming this band could herald a sharp acceleration in momentum. Failure to break above the $95,870 level might result in a pullback toward the $77,500 range instead.
Captain Faibik is highlighting a bullish breakout from a well-defined ascending triangle on the 4-hour chart.
After consolidating for nine days and forming an ascending triangle pattern, BTC finally broke through the $95,000 resistance. This breakout is confirming a short-term bullish trend.
The breakout candle had strong volume, which could indicate that there is potential for further upside.
According to the measured move from the pattern, we can set a target of around $98,900.
However, if BTC manages to hold above the $95,000 level, we might see the price rallying toward $98,000 in the short run.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.