As the leading cryptocurrency consolidates around the $108,000 mark, momentum indicators and technical patterns suggest an explosive move<\/a> may be brewing\u2014one that could define the next phase of the 2025 bull cycle<\/a>.<\/p>\n
Bitcoin price today<\/a> sits at approximately $108,200, up 0.64% in the last 24 hours. Despite muted trading activity, BTC has maintained its recent gains after a mild bounce from $107,300. The short-term chart structure<\/a> shows a rising trend, but bulls must still overcome stiff resistance near $110,000.<\/p>\n
Bitcoin (BTC) was trading at around $108,032, down 0.15% in the last 24 hours at press time. Source:<\/em> Bitcoin Liquid Index (BLX)<\/em><\/a> via<\/em> Brave New Coin<\/em><\/a><\/p>\n
Technical indicators support a cautiously bullish outlook<\/a>. The 1-hour BTC\/USD chart reveals a mild recovery within a narrow range, while the 4-hour chart displays higher lows and short-term consolidation\u2014often a precursor to larger moves. Key support levels<\/a> remain at $107,800 and $106,300, while a breakout above $109,000 could open the door to $110,500 and beyond.<\/p>\n
Analysts have identified $116,000 as the breakout zone that could launch Bitcoin\u2019s next parabolic rally. Crypto strategist Javon Marks recently projected that if BTC convincingly breaks this resistance, it could climb toward $165,745\u2014a potential 52.5% gain from current levels.<\/p>\n
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Bitcoin remains on track for a potential rally toward $165,745 if it breaks above the $116,652 resistance level. Source: <\/em>Javon Marks<\/em><\/a> via X<\/em><\/p>\n
A bull flag pattern on the hourly chart also adds to the bullish case. A breakout above $111,980 could invalidate current consolidation and push BTC into the $120K\u2013$145K range in the near term. Such price action<\/a> would mirror previous Bitcoin rallies following similar technical setups.<\/p>\n
The key drivers are also working in tandem with the near-term technical setup<\/a>. The 2025 halving of Bitcoin remains a powerful long-term driver, historically being the one to kick off supply shocks and price appreciation. Meanwhile, recent on-chain data showed in excess of $8 billion of inactive Bitcoin moved\u2014later found to be long-term holder redistribution rather than a hack, settling sentiment.<\/p>\n
Eight dormant Bitcoin wallets moved 80,009 BTC today, representing 0.6% of the circulating supply and part of a group holding 1% of all BTC mined in 2010\u20132011. Source: <\/em>Edward Farina<\/em><\/a> via X<\/em><\/p>\n
Also, the Bitcoin ETF news<\/a> landscape continues to evolve. With the U.S. SEC approving rule amendments for greater ETF exposure and inflows into spot Bitcoin ETFs already surpassing over $49 billion, speculation about more institutional adoption continues to build. Analysts believe that another round of ETF-related momentum could push BTC into new all-time highs<\/a>.<\/p>\n
The Bitcoin whale<\/a> alert community is also tracking sizable transfers as large holders reposition for what may be a decisive move. While volatility remains contained, behind-the-scenes activity hints that whales are preparing for something bigger.<\/p>\n
As macroeconomic uncertainty persists, many analysts continue to view Bitcoin as an inflation hedge. With traditional markets showing signs of strain, BTC\u2019s role as a non-sovereign asset remains appealing. According to macro strategist Julien Bittel, cycle-top indicators like the GMI Bitcoin Cycle Top Finder are currently inactive\u2014something that historically occurs mid-cycle and ahead of major rallies<\/a>.<\/p>\n
Bitcoin\u2019s four historical top signals have all aligned with major peaks\u2014and none are currently active. Source: <\/em>@BittelJulien<\/em><\/a> via X<\/em><\/p>\n
This further supports the idea that Bitcoin has room to grow before reaching its peak this cycle. If momentum breaks through key resistance levels, analysts expect capital inflows to accelerate, especially from institutional players tracking long-term models<\/a>.<\/p>\n
The Bitcoin price forecast<\/a> may be made or broken in the next few days. If BTC can break and hold above $116K, analysts predict a fast advance towards the $160K\u2013$165K region. Otherwise, more consolidation is possible with significant support<\/a> at $106K and $107K to halt falls.<\/p>\n
With rising technical pressure, on-chain activity, ETF tailwinds, and macro support, Bitcoin appears to be creeping towards its breakout zone<\/a>. Whether this is the start of the next big rally or another pause in the uptrend will depend on how BTC reacts to the upcoming resistance<\/a>.<\/p>\n