Bitcoin currently resides in a consolidation phase: technically oversold but not yet showing clear bullish reversal signals. The key resistance zone to watch is $114โฏkโa decisive breakout there could signal the next leg higher.
With institutional inflows, ETF momentum, and a favorable macroeconomic backdrop (especially anticipated rate cuts), the stage is set for potential upside through Q3โQ4 2025.
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Bitcoin Next Target
- Price: $106,017
- 24h Range: $105,802 โ $107,772
- Market Cap: โ $2.10โฏtrillion (price ร circulating supply)
- Circulating Supply: ~19.75โฏmillion BTC
- Total Supply: Capped at 21โฏmillion BTC
- 1โMonth High / Low: Recent high ~$111,000; low ~$90,000

Almost touched the gap area, ready for a bounce back.
The intraday high is 107772.0 USD and the intraday low is 105802.0 USD.
Technical Indicators
- MACD: โ455.5 (negative territory, sloping down) โ short-term bearish
- RSI (6): 29.8 โ oversold zone; RSI (14): 32.0 โ borderline oversold
- EMA: Price below shortโterm EMAs โ signals bearish momentum
- ATR / Volatility: Elevated trading volume indicates higher volatility
Latest News Overview
- Bullish Forecast: Ed Campbell (Rosenberg Research) sees upside: a break above $114K could trigger 25% gains toward ~$143K.
- Institutional Expansion: Philippe Laffont anticipates BTC market cap doubling to $5โฏtrillion in five years.
- Corporate Treasury Shift: Anthony Pomplianoโs $1โฏbillion ProCap Financial plans to adopt MicroStrategyโstyle treasury strategies via lending and derivatives.
Summary
Factor | Status | Implication |
---|---|---|
MACD | Negative | Bearish momentum |
RSI | 30โ32 | Oversold w/ bounce potential |
Key Res. | ~$114K | Breakout target for rally |
Fundamental | Strong | Institutional growth, treasuries |
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