Bitcoin is showing strong bullish momentum as it eyes a significant breakout toward the $125,000 to $150,000 range by late 2025. After reclaiming key technical zones, the asset is flashing signals of another parabolic run.
According to analysts, Bitcoin’s latest price action is setting the stage for a powerful upward cycle, potentially peaking between August and September 2025. Bitcoin’s recent breakout from an ascending triangle pattern and continued bullish consolidation near crucial resistance levels support this view. Market sentiment is tilting firmly in favor of the bulls based on these developments.
Peter Brandt’s Parabolic Trendline Analysis
Veteran trader Peter Brandt highlights that Bitcoin has recently approached its broken parabolic trendline. If BTC manages to regain this slope, the next leg of the bull market could propel the price toward the $125K to $150K zone.
This projection aligns with previous cycle peaks and the typical exponential nature of past Bitcoin rallies. Importantly, such a sharp move may be followed by a steep correction. Historically, Bitcoin has corrected by over 50% after cycle tops. Hence, a drawdown back to the $60K–$75K range could occur post-peak.
Hey @scottmelker
If Bitcoin can regain the broken parabolic slope then $BTC is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction pic.twitter.com/WUUzxl0ckn— Peter Brandt (@PeterLBrandt) May 1, 2025
Related: Is the 4-Year Bitcoin Cycle Dead? Liquidity Now Rules the Crypto
Ali Martinez on Near-Term MVRV Levels
On-chain analyst Ali Martinez focuses on the MVRV Pricing Bands to outline near-term levels. He points out that BTC is hovering around the +0.5σ band near $95,870. If Bitcoin closes above this threshold and holds, the next key resistance is near $114,230, which aligns with the +1.0σ band.
#Bitcoin $BTC momentum could shift bullish once the MVRV crosses above its 1-year SMA. A golden cross that historically signals strong upside potential. pic.twitter.com/FDyWJYYfsk
— Ali (@ali_charts) April 30, 2025
Historically, this level has triggered corrections in the past. Consequently, reclaiming this band could mark a sharp acceleration in momentum. Failure to break above the $95,870 level may result in a pullback toward the $77,500 range instead.
Ascending Triangle Breakout Signals Upside
Captain Faibik emphasizes a bullish breakout from a well-defined ascending triangle on the 4-hour chart. BTC broke above the $95,000 resistance after consolidating for nine days, confirming a short-term bullish trend.
Source: X
The breakout candle carried strong volume, hinting at further upside. Based on the measured move from the pattern, a target of $98,900 is projected. Significantly, if BTC holds above $95,000, the price could surge toward $98,000 in the short run.
BTC Price and Market Overview
At the time of writing, Bitcoin is trading at $97,174, marking a 3.3% increase over the past 24 hours. Over the week, it’s gained 4.27%.
Related: Bitcoin (BTC) Price Prediction May 2025: Can BTC Break Above $96K or Face Resistance?
With a market cap near $1.93 trillion and a 24-hour trading volume exceeding $29 billion, the bullish energy surrounding Bitcoin continues to build.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Read the full article here
