coinpedia 2025-07-06 06:18:41

Bitcoin Price Could Test $99K Before a Year-End Surge, Says Market Expert

The post Bitcoin Price Could Test $99K Before a Year-End Surge, Says Market Expert appeared first on Coinpedia Fintech News Bitcoin’s price has been moving sideways in recent sessions, but a big breakout could be coming soon. Currently, the price is consolidating just under a major resistance trendline on the daily chart. This level has held firm for several days, creating tension in the market as traders await the next decisive move. Interestingly, analyst Ted Pillows pointed out that back in 2020, a huge government spending bill helped send Bitcoin to record highs. Now in 2025, another spending bill is on the way, and this one is even bigger, hoping that history might repeat itself. In a recent interview, CryptoQuant’s Head of Research, Julio Moreno, shared his outlook for Bitcoin’s price over the next two to three months. According to Moreno, Bitcoin is likely to trade between $87,000 and $99,000 in the short term if current market conditions continue. Moreno explained that this range is based on on-chain data showing the average price at which traders brought their Bitcoin, known as the realized price. In bull markets, prices often correct toward this level before moving higher again. The upper resistance band, which would act as a potential top for now, sits at $138,000. Right now, demand for Bitcoin appears to be weakening slightly. Unless buying activity picks up in the coming weeks, Moreno said there’s a stronger chance of seeing a dip toward $99,000 before any major rally. He said that in order to see Bitcoin climb to $138,000, demand would need to strengthen. Moreno further explained that Bitcoin’s market cycle top could still reach around $190,000 later on, though he expects the current cycle to stretch into 2026. Historically, Bitcoin performs well in the final quarter of the year during bull cycles, so a strong finish to 2025 isn’t off the table.

Meist gelesene Nachrichten

The Ultimate Long-Term Portfolio: A Diversifi...
2025-07-06
Changpeng Zhao Questions Legitimacy of TONcoi...
2025-07-06
‘Is this real?’ CZ questions TON’s UAE Golden...
2025-07-06
Dormant Bitcoin Whale Moves $8.6B After 14 Ye...
2025-07-06
Top 5 Collectibles & NFTs Tokens To Watch Bel...
2025-07-06
Final Word on the Whale Moving $8 Billion in...
2025-07-06
Crypto Weekly Roundup: BlackRock IBIT Mints P...
2025-07-06
VC Roundup: DeFi, AI and Hybrid Exchanges Shi...
2025-07-06

Ähnliche Neuigkeiten

Ethereum Name Service price prediction 2025-2031:...
06 Jul 2025
XRP Whales Alert: Two Hyperliquid Whales Just Took...
06 Jul 2025
Vitalik Buterin proposes lower ETH transaction gas...
06 Jul 2025
Pepe Coin Price Prediction: Is Little Pepe (LILPEP...
06 Jul 2025
CZ Reflects on Early Bitcoin Adoption and Binance’...
06 Jul 2025
Is Silver Set to Explode? Predictions Target $50 P...
06 Jul 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen