BTC is waiting for its next ATH target at $110,000 and $117,000, and there is a huge liquidity pool above Bitcoin's previous ATH.
Bitcoin is expected to reach the next highs of $110,000 and $117,000, as analysts point to a massive liquidity pool above the previous high.
Published on: May 14, 2025 at 07:35 PM
Updated: May 14, 2025, 11:41 AM
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Written by Nicole D'Souza
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ATH's next target awaits you.
Bitcoin is expected to reach the next higher target at $110,000 and $117,000.
Analysts are noticing a massive liquidity pool above Bitcoin's previous all-time high.
Bitcoin's value could then rise to a higher target of $120,000 or even higher.
Bitcoin, the leading cryptocurrency, remains within its new six-figure price range, currently holding at $103,000. As the price approaches its previous record of $109,000, analysts are looking ahead to its next target. In detail, veteran analysts predict Bitcoin will reach its next targets at $110,000 and $117,000, citing significant liquidity above its previous record price.
The next higher target awaits BTC at $110,000 and $117,000.
Last week was a crucial one for Bitcoin (BTC). After a slow climb from $70,000 to $95,000 in April, Bitcoin finally returned to its record six-figure levels and has since been on a quest to reclaim its all-time high of $109,000. Specifically, last week, Bitcoin's price surged to $103,000, just as many analysts had predicted, drawing attention to the targets analysts are predicting for Bitcoin in the coming period.
To date, numerous economists and financial leaders have shared dozens of bullish predictions for Bitcoin (BTC) price at the peak of this bullish cycle. Some of the most notable predictions include $116,000, $125,000, $135,000, $165,000, $250,000, $350,000, and $500,000. While some predict that Bitcoin's price could reach $1 million in the coming years, the exact price of the cycle peak during this ongoing cycle remains uncertain.
Despite the uncertainty surrounding the cycle's high price, analysts are confident that Bitcoin will continue to set new record highs in the coming days. This expectation coincides with geopolitical market movements. For example, Arthur Hayes, co-founder of BitMEX, urged traders and investors to "buy everything" following the new US-China tariff agreement, meaning most financial markets will experience parabolic movements.
The next benchmark targets for Bitcoin (BTC) could rise significantly.
This well-known analyst adds bullish enthusiasm to the price in the above post. According to him, Bitcoin is heading towards its next higher target, which lies between $110,000 and $117,000. He sees massive liquidity beyond the previous high. He says that short-sharps are likely to capitulate at this point, and the pressure could be intense, pushing Bitcoin's price to much higher levels.
Meanwhile, another cryptocurrency analyst known for his optimistic forecasts, Dr. Profit, is adding to the discussion. As the post above shows, he believes Bitcoin's price will rise further after setting a new all-time high. He places a price target between $117,000 and $120,000, indicating that Bitcoin is well on its way to achieving these price targets.
