Price Analysis View Non-AMP

Bitcoin Maintains Momentum After Breaking Highs—New ATH Incoming?

Published by
Sahana Vibhute

Bitcoin price, which has been demonstrating strength over the past few days, laid a strong bullish case for the token. The crypto is continuing its strong uptrend after validating the breakout from a bullish pattern that has formed around $110,000. The price structure remains bullish, supported by previous retests and multiple continuation flags throughout the rally. Currently, the BTC price is now pressing just beneath the upper channel resistance, targeting a potential extension toward the $117,000 to $120,000. 

The positive price action of Bitcoin is reflected across the broader crypto market, with altcoins also experiencing gains. The crypto fear & greed index hovers in the neutral zone but is close to entering, ‘Greed’ zone, indicating strong bullish sentiment. Besides, institutional demand, particularly from spot Bitcoin ETFs, remains a key driver. Additionally, the recent U.S.macroeconomic data, including a cooling inflation rate and anticipation of potential interest rate cuts, has created a favorable backdrop for risk assets, including Bitcoin. 

Now the question arises, how high can the  BTC price go in 2025?

The latest price action of Bitcoin appears to be extremely bullish, suggesting that the bulls have maintained a strong grip on the rally. Connecting the highs, the next crucial resistance to surpass is $112,917.33, which may trigger a strong rally in the coming days. The supertrend has turned bullish with the latest breakout, hinting towards the beginning of a strong bullish trend. On the other hand, RSI is forming consecutive higher highs and lows and eventually pushes the levels towards the upper threshold. 

Therefore, the Bitcoin (BTC) price appears to be strongly within a bullish trajectory and hence is expected to maintain a strong ascending trend. However, the price is believed to consolidate for a while but eventually remains within a bullish influence. 

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

XRP Price Prediction For September 1

XRP is showing signs of weakness on the charts as bearish pressure continues to weigh…

September 1, 2025

Which Crypto to Buy for a Balanced Portfolio in the Current Market? Experts Say It’s the Right Time to Switch to MUTM Besides XRP, MATIC, and ADA

For investors studying crypto charts and weighing allocation strategies, the same question returns again and…

August 31, 2025

XRP’s $5 Target Attracts Attention, But Ozak AI’s $1 Launch Goal Could Deliver 100x

Crypto markets are buzzing with bold predictions as the bull cycle continues to unfold, and…

August 31, 2025

Layer Brett Overtakes Shiba Inu and Pepe Coin Hype As Experts Discuss 25,000% Potential

Meme coins haven’t lost their charm, but they’ve definitely evolved. Shiba Inu and Pepe Coin…

August 31, 2025

Solana and Cardano Price Targets For Late 2025 and The Breakout Crypto Eyeing 3500% Gains

Late-2025 is shaping up to be a big test for the majors. Solana has traders…

August 31, 2025

Major XRP Price Prediction, Latest Pi Network News and The Crypto Being Called The Next PEPE Coin

From bold XRP price prediction headlines to fresh Pi Network news, 2025 has no shortage…

August 31, 2025