Bitcoin’s Bullish Momentum in 2025: Will it Continue?

Bitcoin has shown continued bullish momentum in 2025, with its price breaking through critical resistance levels. In this article, we’ll discuss Bitcoin’s short-term price prediction, the potential reasons behind its bullish trend, and where it may be headed in the coming weeks.

Bitcoin’s Short-Term Price Prediction

According to technical analysis, Bitcoin’s prediction for today is bullish. With a current price of around $104,050, having recently broken through the critical resistance level of $104,000, the surge suggests a continuation of the upward trend. This trend began after a recent pullback to approximately $89,000, where Bitcoin tested its 50-day exponential moving average (EMA 50) and bounced back up.

Bitcoin is now targeting the next major resistance at $105,000, a level that has been a formidable barrier in the past. If Bitcoin overcomes this resistance, it may aim for new all-time highs in the $110,000 to $115,000 range, driven by historical patterns and psychological levels.

On the downside, $100,000, which was a significant resistance prior to the breakout, now acts as a short-term support level. If Bitcoin dips below this mark, the next support level is around $95,000, where the price consolidated before its recent rally. A more substantial decline could see Bitcoin testing crucial support at $90,000 again.

Supporting Factors for the Bullish Trend

The bullish sentiment is reinforced by Bitcoin’s current position above key moving averages, which traditionally indicates a strong upward trend. Additionally, the surge in trading volume accompanying the breakout above $100,000 highlights significant buyer interest, further supporting the bullish case.

Bitcoin Price: Latest News

Since the start of 2025, Bitcoin has been majorly influenced by fundamental news. The anticipation surrounding President-elect Donald Trump’s upcoming inauguration has notably impacted the cryptocurrency sector. His administration is expected to adopt a pro-crypto stance, with key appointments of individuals like Paul Atkins and David Sacks, who are known for their favorable views on cryptocurrency.

Proposed executive orders to establish a national Bitcoin reserve and halt debunking practices signal a shift towards greater acceptance and integration of digital assets in the U.S. financial system.

Institutional interest in Bitcoin has surged, particularly from pension funds. Both Michigan and the State of Wisconsin Investment Board have made significant investments in regulated U.S. exchange-traded funds, such as BlackRock’s Bitcoin ETF and Grayscale’s Ethereum ETF. This trend reflects growing confidence in Bitcoin as a legitimate financial asset, partly driven by expectations of supportive policies from the incoming administration.

Tips for Investors

When considering investing in Bitcoin, keep the following tips in mind:

  • Stay informed about the latest news and developments in the cryptocurrency market.
  • Consult with cryptocurrency experts before making any investment decisions.
  • Consider multiple factors that influence Bitcoin’s price, including retail and institutional interest, media coverage, and possible correlations to other financial markets.

For more news and updates on the cryptocurrency market, visit Global Crypto News.

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