News View Non-AMP

Bitcoin All-Time-High in Q2 or $100k Again This Week?

Published by
Anjali Belgaumkar

Bitcoin is back in the spotlight after global bank Standard Chartered predicted that the world’s biggest cryptocurrency could hit a new all-time high by the second quarter of this year. According to their latest report, Bitcoin could reach around $120,000, driven by recent strong market performance and growing investor interest.

At the moment, Bitcoin is trading in the mid-$90,000 range, and experts believe several global factors could impact its movement in the coming weeks. These include the upcoming U.S. Federal Reserve meeting in May and ongoing inflation concerns. However, some analysts suggest that the worst may be over for now, which could open the door for further gains.

Bitcoin’s Current Price Action

Bitcoin recently reacted strongly around a key support zone between $93,220 and $94,244. According to crypto analysts, the price dropped from a recent high last Friday in a typical three-wave pattern, followed by signs of a recovery.

Analysts have outlined several possible short-term scenarios, most of them optimistic. One of the leading views is that if Bitcoin continues to hold its support levels, it could move higher in the short term. The next major price target for Bitcoin is around $96,275.

Choppy Market, But Bulls Still Active

Although Bitcoin has shown some positive moves, the market has been described as “choppy” in recent days. Price movements have bounced between key levels, with strong resistance appearing around $95,450. If Bitcoin manages to break through this, it could see further gains — but experts warn the market is unpredictable right now.

Despite the ups and downs, no clear market top has been confirmed, and all major support levels are still holding. Many believe there’s a good chance Bitcoin could push higher soon.

FAQs

How high will Bitcoin price go in 2025?

Some analysts predict Bitcoin could reach $120,000 in 2025 if bullish trends and investor demand continue.

How will inflation concerns affect Bitcoin price?

Inflation worries could boost Bitcoin demand as a hedge, potentially supporting further price gains.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

3 Best Cryptos Under $0.01 Ready to Explode in 2025 and Turn $100 Into $10,000

Historical crypto charts indicate that small coins, costing less than a penny, often experience explosive…

July 25, 2025

Ruvi AI’s (RUVI) Audited Token Could Rival Ripple (XRP) This Cycle, With New CoinMarketCap Listing It Won’t Stay in Phase 2 Long

The cryptocurrency world is buzzing with excitement as Ruvi AI (RUVI) gains momentum as a…

July 25, 2025

BitLemons ($BLEM) Poised for Growth as BTC Tests $118K Resistance and ETH Surges Past $3,700 – Is This the Breakout Moment Investors Have Been Waiting For?

The cryptocurrency market is experiencing a pivotal moment as institutional money floods into digital assets…

July 25, 2025

Bitcoin Price Prediction: Bullish And Bearish Scenarios Explained

Bitcoin is currently in a quiet phase. The price has been moving sideways without any…

July 25, 2025

The Smarter Web Company Expands Bitcoin Holdings to 1,825 BTC

The Smarter Web Company PLC, a publicly listed firm in the UK, has just added…

July 25, 2025

Ripple News: Here’s Why XRP ETF Hype Could Be a Short-Lived Win

ETF analyst James Seyffart from Bloomberg recently explored an interesting hypothetical scenario. What if spot…

July 25, 2025