Price Analysis View Non-AMP

Bitcoin Breaks The Barriers, Rises Above $87,000—A Rise to $100K Seems to be Inevitable in Q2 2025

Published by
Sahana Vibhute

Bitcoin has yet again risen after utilizing its accumulated strength, as the buying activity increased substantially. The BTC price has displayed a similar consolidation before, which trapped the bears at the local bottoms. Interestingly, the bears are trapped as the price broke out heavily, and these levels still remain untouched. Therefore, the star token is expected to demonstrate a similar price action, which may elevate the levels beyond the psychological barrier. 

Institutional FOMO to Elevate BTC Price

It all started before the 2021 bull run, when the Wall Street company, MicroStrategy, entered the crypto space. The institution has been accumulating BTC at frequent intervals since then, regardless of the price variation. It has been holding over 500K BTC and has registered itself as one of the biggest whales within th crypto space. However, this sparked the other institutions as well, who fell into FOMO and entered the markets. 

As per the data from Bitwise Asset Management, publicly traded companies now hold nearly 700,000 BTC, with MSTR dominating with over 77%. 

The corporate BTC accumulation curve has been almost vertical since 2020, with MicroStrategy becoming its own ETF at this point. The founder, Michael Saylor, started accumulating like a lone wolf and now has created this massive vacuum for other corporations. The accumulation graph suggests these corporations did not actually indulge in random buying but laid a systematic absorption of the supply. Therefore, this impact on BTC price seems to be nominal, but in the wider perspective, their base price may act as a strong support, below which the bulls may not allow the token to fall. 

Will the BTC Price Make it to $100K in April?

Ever since the BTC price has displayed a huge sign of recovery, the market participants have become optimistic about the next price action. As a result, non-empty Bitcoin wallets have surged to 54.72 million, just below the ATH at 54.74 million. This is considered a huge bullish signal for the upcoming price action as the sentiments around Bitcoin are shifting. But still, the question remains whether the price can break the barrier at $90,000?

The weekly chart of Bitcoin has been bullish ever since the token regained its position above the ascending trend line. The Chaikin Money Flow (CMF), which is a volume-based accumulation & distribution indicator, has dropped below 0 in the long term. This suggests the markets are turning weak. But the weekly RSI is trying hard to rise above the average zone, which may validate a rise above the bearish captivity. 

Therefore, the Bitcoin price is expected to maintain a healthy ascending consolidation and reach the upper resistance of the ascending triangle at $88,500. A breakout from the range may push the price above $90,000, which may wake up the bulls, who may further elevate the levels to $100,000. 

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Best Cryptocurrencies for June 2025: Ripple (XRP), Dogecoin (DOGE), Mutuum Finance (MUTM)

As market sentiment shifts and fresh momentum builds across digital assets, June 2025 presents a…

June 2, 2025

Live Coin Watch Alert: Bitcoin Solaris’s 21M Fixed Supply Creates Your Second Chance at Bitcoin’s Growth Path

When Bitcoin first emerged, its fixed 21 million supply was mocked. Today, that scarcity has…

June 2, 2025

Singapore Cracks Down on Unlicensed Crypto Firms with Strict New Rules

Singapore’s financial authority announces that unlicensed crypto firms operating overseas after June 30 will be…

June 2, 2025

Can U.S. Buy More Bitcoin? Here’s What David Sacks Revealed

On May 27, 2025, US President’s crypto czar, David Sacks, says there is a pathway…

June 2, 2025

After Monero Surge, Wall Street Ponke Gains Momentum, maybe Under $1?

Hackers used Monero to move stolen Bitcoin, pushing XMR up 24 percent to $269. But…

June 2, 2025

Pakistan Allocates 2,000MW for Bitcoin Mining and AI: A Digital Revolution

Pakistan has allocated 2,000 megawatts (MW) of electricity to fuel Bitcoin mining and artificial intelligence…

June 2, 2025