Bitcoin (BTC) Price Prediction: Initiating a Promising Recovery

Bitcoin is continuing to recover, and traders are setting their sights on the next key resistance levels that could come into play, according to technical analysis from InvestPro.

Here, we highlight the analysis from InvestPro, covering both the spot and derivatives markets, along with a summary of the current bullish scenario, bearish scenario, and overall bias.

BTC/USD Technical Analysis

Bitcoin is currently consolidating below the key resistance level of $95,150 after recording its strongest weekly increase (+10.17%) since November 2024. The rebound in weekly volumes (+73%) attests to a sharp recovery in activity.

The trend remains bullish across all horizons (short, medium, and long term), confirmed by the positions of moving averages (SMA 20, 50, and 200) and a bullish divergence signal on momentum.

Main resistances are located at $95,150 and $100,000, while major support is identified between $82,750 and $78,500. The value area ranges from $96,600 to $67,350.

Market sentiment leans toward greed, and inflows into Bitcoin spot ETFs are rising sharply, reinforcing the bullish momentum.

This analysis was conducted in collaboration with Elyfe, an investor and educator in the cryptocurrency market.

Derivatives Analysis (BTC/USDT)

In BTC/USDT derivatives, an increase in open interest is observed, indicating renewed speculative interest after a phase of stability. The CVD is rebounding, signaling recent buyer predominance.

Strong liquidations have occurred on the shorts side, confirming upward pressure on the market. The funding rate is slightly positive, reflecting moderate buying demand without excessive optimism.

The main seller liquidation zones are located between $96,000 and $98,000, as well as near $100,000 and $107,400, constituting critical levels likely to amplify a bullish acceleration.

Conversely, the main buyer liquidation zones are between $84,000 and $81,000, then between $74,400 and $73,400, the latter representing a strategic threshold in case of a prolonged correction without buyer support.

Bitcoin (BTC) Price Forecast

The bias is currently bullish, but the approach of U.S. economic data (GDP, PCE) will be decisive to validate this scenario.

A breakout above the $95,150-$96,600 zone could trigger a strong rally toward the $100,000-$107,400 region, where sellers might intervene more massively.

However, a return below the support levels between $78,500 and $82,750 could indicate a loss of bullish momentum, potentially leading to a deeper decline toward the $74,400 zone or lower.

Conclusion

Bitcoin is evolving in a bullish dynamic driven by a solid technical recovery and renewed market interest. The trend remains positive as long as major support levels hold.

Particular attention must be paid to price reactions at key zones and macroeconomic factors that could quickly influence the market direction. In this context, closely monitoring price reactions at strategic levels will be essential to confirm or adjust the current forecasts.

Finally, remember that these analyses are based solely on technical criteria, and cryptocurrency prices can evolve rapidly according to other more fundamental factors.