Bitcoin (BTC) is trading above $108,000, reflecting a 1.3% gain in the past 24 hours and a 7.3% weekly surge. This positions BTC/USD for what could be its highest monthly close in history. The cryptocurrency is testing critical resistance levels that may define its trajectory into Q3 2025.
BTC/USD Technical Analysis: Bullish Momentum Amid Liquidation Risks
Despite weekend volatility driven by whale activity, technical indicators signal growing optimism:
- MACD Golden Cross: A bullish signal on the daily chart, indicating accelerated upward momentum.
- Higher Lows Formation: Suggests diminishing selling pressure, per trader Autumn Riley.
👉 Why institutional investors are doubling down on Bitcoin
Key Liquidation Zones:
- Downside: $103,400–$106,000
- Upside: $108,000–$111,000
A breakout above $109,000**—Bitcoin’s highest weekly close—could propel prices toward **$115,000–$120,000, per analyst Rekt Capital.
Institutional Confidence Remains Strong
- Spot ETF Inflows: Over $2 billion net inflows last week (3rd consecutive week of growth).
Top Performers:
- BlackRock’s IBIT: $1.31 billion
- Fidelity’s FBTC: $504.40 million
- Ark/21 Shares’ ARKB: $268.14 million
Investors moved $310 million off exchanges, signaling long-term holding sentiment.
Bitcoin Price Prediction: Targets and Risks
Bullish Scenario:
- Weekly close above $109,000** may trigger a **15–20% rally** to **$115,000–$120,000.
Bearish Risks:
- Failure to hold $106,000** support could lead to liquidations, pushing prices toward **$103,000–$104,000.
👉 How to navigate Bitcoin’s volatility like a pro
FAQ Section
Q: What drives Bitcoin’s current bullish momentum?
A: Institutional ETF inflows, technical buy signals (e.g., MACD cross), and reduced exchange reserves suggest strong demand.
Q: Why is the $109,000 level critical?
A: It represents Bitcoin’s highest historic weekly close—a breakout could confirm a new uptrend.
Q: How are whales influencing the market?
A: Large trades (e.g., $13.9M position flips) exacerbate weekend volatility due to thin liquidity.
Key Takeaways
- Bitcoin eyes a historic monthly close above $109K.
- Institutional inflows and technical setups favor bulls, but liquidation risks persist.
- A confirmed breakout could target $120K**, while losing **$106K may invite downside pressure.
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice.
### SEO Keywords:
1. Bitcoin price prediction
2. BTC/USD analysis
3. Bitcoin ETF inflows
4. Cryptocurrency resistance levels
5. Bitcoin liquidation zones
6. MACD golden cross
7. Institutional Bitcoin demand