Bitcoin ($BTC ) has now swept all the liquidity around the $96,000 level. So, where do we go from here?
Looking at the charts, we’ve seen a strong upward move. However, the Relative Strength Index (RSI) is currently extremely high, suggesting a potential cooldown might be coming. A pullback could actually be healthy, allowing RSI levels to reset before making a push toward the $100K mark.
It’s hard to say exactly how far this correction might go, but I’d personally expect a dip to at least the $95K range.
What’s your take on this move?
Just sharing my thoughts — not financial advice, and I’m definitely not a pro.
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[](https://www.cryptotimes.io/2025/04/29/bitcoin-price-prediction-for-may-2025-btc-to-hit-100k/)
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## 🚀 Bitcoin Reaches $96K: What’s Next?
Bitcoin ($BTC ) has surged to $96,000, sweeping liquidity at this level. This significant move prompts the question: where is BTC headed next?
### 📈
Current Market Overview
The recent rally has pushed the Relative Strength Index (RSI) to elevated levels, indicating that Bitcoin is entering overbought territory. Historically, such RSI readings suggest a potential short-term correction to stabilize the market before any further upward movement.

### 🔍 RSI Insights
As of April 30, 2025, the RSI stands at 64, approaching the overbought zone but not fully extended. This level suggests that while the market is heating up, there's still room for growth before a significant pullback. ([Bitcoin RSI April 30, 2025: Market Builds Pressure Around $95K ...](https://plutochain.io/academy/bitcoin-rsi-april-30-2025-market-builds-pressure-around-95k-while-rsi-hints-at-impending-move/?utm_source=chatgpt.com))

### 🔮 Potential Scenarios
- Short-Term Correction: A minor pullback to around $95,000 could occur, allowing the RSI to reset and providing a healthier foundation for future gains.
- Continued Uptrend: If bullish momentum persists,Bitcoin might break through the $100,000 resistance level, setting new all-time highs.
Analysts remain optimistic, with some predicting Bitcoin could reach $120,000 in the second quarter of 2025, driven by factors like increased institutional adoption and macroeconomic uncertainties. ([Why a top bitcoin bull says the token is about to notch a fresh record of $120,000](https://www.businessinsider.com/bitcoin-price-prediction-record-high-q2-trump-crypto-whales-btc-2025-4?utm_source=chatgpt.com))
### 🤔 Final Thoughts
While the market shows strong bullish signals, it's essential to remain cautious and consider potential corrections. As always, conduct thorough research and consult financial experts before making investment decisions
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