"Where is Bitcoin Heading? Latest Analysis and BTC Price Projections for 2025"
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🔍 Where is Bitcoin Heading?
Latest Analysis and BTC Price Projections for the Year 2025
Bitcoin (BTC) has once again become the center of attention. After briefly reaching $108,000 in early June 2025, the price is now moving within a narrow range of $104,000–$105,000. Traders and investors are asking: Where is Bitcoin headed next? Are we moving towards a new level? Or is a major correction coming?
📊 1. Consolidation in a Critical Zone
Bitcoin is currently in a consolidation phase. A symmetrical triangle pattern is forming, with:
Strong resistance around $105,600
Important support at the level of $103,400
The RSI indicator shows neutral momentum (around 44), while Bollinger Bands are narrowing—a sign of decreasing volatility and a potential breakout approaching.
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🔺 2. Bullish Scenario: Towards $120K–$135K?
If a breakout occurs above $105,600, analysts estimate:
Short-term target at $115,000–$121,000
Medium-term target could reach $130,000–135,000 based on a bull flag pattern and consistent ETF inflows
This is supported by:
Supply constraints post-halving
Institutional fund inflows through Bitcoin spot ETFs
Dovish macro sentiment from The Fed
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🔻 3. Bearish Scenario: Beware if It Breaks $103,400
However, if BTC fails to maintain support:
A correction to $102,000–100,000 may occur
If it drops below $100K, it could trigger panic selling towards $96,000–94,000
The biggest risk factors:
Global geopolitical tensions (such as Middle Eastern conflicts)
Equity market & USD sentiment
Profit-taking actions from whales
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🌐 4. Global Sentiment: No Longer a Safe Haven?
Although referred to as "digital gold," Bitcoin has yet to prove itself as a hedge in the midst of a global crisis. The correlation with stock indices remains high, and it has not shown the role of a true safe haven.
However, large investors such as Semler Scientific and BlackRock continue to increase their BTC exposure as a strategic reserve.
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