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Bitcoin is above $95K, with analysts predicting that it will reach $125K-$150K in Q3 2025
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Chartists confirm ascending triangular breakout and RSI support further upside
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MVRV band shows $95,870 as a key level before BTC faces resistance near $114K
Bitcoin is showing a strong bullish trend as it looks to break out of the $125,000-$150,000 range by 2025. After reclaiming important technical zones, the asset flashes signals of a new parabolic run.
Analysts believe that Bitcoin’s recent price action is setting up a powerful upward cycle. The cycle could peak between August and September of 2025. This view is supported by Bitcoin’s recent breakout of an ascending triangle pattern, and the continued bullish consolidation around crucial resistance levels. These developments have shifted the market sentiment in favor of bulls.
Peter Brandt’s Parabolic Trendline Analysis
Veteran trader Peter Brandt points out that Bitcoin is approaching its broken parabolic line. If BTC is able to regain the slope, then the next leg of bull market could push the price towards the $125K-$150K zone.
This projection is in line with previous cycle peaks, and the typical exponential nature past Bitcoin rallies. This sharp move could be followed by a steep corrective move. Bitcoin has historically corrected by more than 50% after a cycle top. After the peak, Bitcoin could drop to a range between $60K and $75K.
Related: Has the 4-year Bitcoin cycle died? Liquidity Now Rule the Crypto
Ali Martinez on Near-Term MVRV Levels
Ali Martinez, an analyst on-chain, focuses his attention on the MVRV Price Bands to determine near-term levels. He notes that BTC is hovering near the +0.5s range, which is around $95,870. If Bitcoin closes and holds above this threshold, the next major resistance is near $114.230, which is aligned with the +1.0s range.
This level has historically triggered corrections. Reclaiming this band may result in a sharp acceleration of momentum. If you fail to break through the $95,870 barrier, you may see a drop towards the $77.500 range.
Ascending Triangle Breakout Signs Upside
Captain Faibik highlights a bullish breakout of a well-defined ascending triangular pattern on the 4-hour chart. BTC broke through the $95,000 resistance level after nine days of consolidation, confirming a bullish short-term trend.
The breakout candle was accompanied by a strong volume, indicating further upside. On the basis of the measured move, a target price of $98,900 can be projected. If BTC remains above $95,000 in the short term, the price may surge to $98,000.
BTC Price and Market Overview
Bitcoin is currently trading at $97174, a 3.3% rise over the last 24 hours. Over the past week, it has gained 4.27%.
RelatedBitcoin Price Prediction for May 2025 – Can BTC Break above $96K or face resistance?
Bitcoin’s bullish energy continues to grow with a market capitalization of $1.93 trillion, and a trading volume of $29 billion in a single 24-hour period.
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