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Bitcoin Price USD Will Dip to $97K Before Possible Surge to $130K

Published by
Vignesh S G and Qadir AK

Bitcoin is flashing bullish signals once again—and a major breakout could be just around the corner. After posting a solid 29.2% gain in Q2 so far, BTC might be gearing up for its next leg up, according to crypto analysts on X.

Bitcoin Price Performance in Q2 2025

  • Q2 Growth: 29.2% so far
  • April Return: 14.2%
  • May Return: 11.1%
  • June Return (so far): 1.90%

In May, Bitcoin climbed from $94,177.90 to touch a monthly high of $111,704 on May 22. But after hitting that peak, BTC retraced 9.11% between May 23 and June 5. A brief rebound of 8.61% followed between June 6 and 10—but the price couldn’t break the previous swing high.

Between June 11 and 22, Bitcoin dipped again by 8.46%, only to bounce 1.2% in the last 24 hours—hinting at possible renewed momentum.

Bullish Flag Pattern Forming: Analyst Insight

Crypto analyst Caption Faibik, in a recent post on X, revealed that Bitcoin is forming a classic bullish flag pattern—a continuation setup that often signals the next leg of a bull run.

“Before the next surge, BTC may briefly dip to the $97K–$98K range,” says Faibik. “Once it breaks past the $108K resistance, the rally toward $130K is likely.”

The bullish flag pattern features:

  • A strong upward move (the flagpole)
  • A slight downward or sideways consolidation (the flag)
  • A breakout above the flag’s upper boundary signals continuation of the trend

Bitcoin’s Key Levels to Watch

  • Support Zone: $97,000–$98,000
  • Breakout Level: $108,000
  • Midterm Target Post-Breakout: $130,000

Experts agree that a strong daily close above $108K will confirm the bullish breakout and could open the doors to the much-anticipated six-figure surge.

BTC Community Reacts: Dip Before the Rocket?

Crypto analyst Chainbull and several BTC enthusiasts echo Faibik’s prediction, believing that the current dip is a healthy consolidation before the next leg up.

If Bitcoin follows the expected pattern, a breakout to $130K could become the dominant narrative going into Q3.The charts suggest Bitcoin isn’t done yet. A short dip could lead to a major breakout—and BTC could be heading to $130K sooner than expected.

FAQs

When did Bitcoin reach its all-time high price of nearly $20,000?

Bitcoin first reached nearly $20,000 in December 2017. It then surpassed this in later cycles.

When did Bitcoin reach its highest price?

Bitcoin has set several all-time highs. Its most recent recorded high was over $111,970 on May 22, 2025. It also crossed $100,000 in December 2024.

What is the Bitcoin price prediction if it breaks out?

If Bitcoin breaks decisively above $108,000, analysts predict a rally towards $130,000, confirming the next leg of its bull run based on a bullish flag pattern.

Vignesh S G and Qadir AK

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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