#PowellRemarks #PowellRemarks

According to Cointelegraph, Bitcoin (BTC) has been trading within a narrow range of $102,000 to $112,000 since May, but the overall trading volume (OBV) shows an upward trend, indicating potential gains in the near future. The OBV index, which tracks trading volume to assess whether buyers or sellers are in control, has risen, suggesting increasing buying pressure. Market analyst Kas Abee expects this rise in OBV could push the price of Bitcoin to a range between $130,000 and $135,000 by the third quarter of 2025. The divergence in OBV is a sign of hidden accumulation, as it continues to make higher highs despite the price of Bitcoin stabilizing. Historically, Bitcoin has experienced significant price increases when rising OBV confirms underlying buying pressure during price stagnation periods. For example, between March and April 2025, the price of Bitcoin traded sideways between $76,000 and $84,000, while the OBV index recorded its lowest levels. This divergence was preceded by a price increase of 57%, reaching over $110,000 by May. This pattern supports Kas Abee's expectations that the price of Bitcoin could reach between $130,000 and $135,000.