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Bitcoin Surges Past $95,000: Analyst Insights on Potential New ATH

Bitcoin (BTC) crosses $95,000 and analysts suggest possible new all-time high. The SOTT indicator turned green, hinting at further bullish momentum. Decreased selling pressure could strengthen BTC’s price foundation. More ambitious targets are being forecasted, with some suggesting BTC could reach $450,000 by year-end, but it must maintain current price levels to sustain growth.

Earlier today, Bitcoin (BTC) made headlines again, breaking the $95,000 barrier for the first time since February 2025. This surge has sparked fresh optimism among several crypto analysts, who suggest that BTC might be on the verge of hitting a new all-time high (ATH) shortly.

In a recent update on X, crypto analyst Titan of Crypto announced that Bitcoin’s State of the Trend (SOTT) indicator has turned green on the weekly chart. This movement signals a potentially bullish shift for BTC, as seen during previous instances when the indicator switched to green. In fact, BTC enjoyed massive gains of 172% between October 2023 and March 2024, and a significant 92% increase from September 2024 to January 2025.

To clarify, the SOTT indicator assesses the strength and direction of a trend by looking at the asset’s price movement over time. A green status usually indicates a strengthening bullish trend, which hints at possible further price increases for Bitcoin. While there’s still uncertainty about how much BTC can rise from this green signal, some projections place it as high as $130,000. To put this in perspective, the current ATH stands at $108,786 as recorded by CoinGecko.

Moreover, recent market behaviour suggests decreasing selling pressure on BTC. A crypto analyst known as Master of Crypto pointed out that the number of addresses sending BTC to exchanges has decreased significantly, with a 30-day average of 52,000 addresses, down from 71,000 over the past year. He remarked that this is reminiscent of 2016 market activity, marking a notable shift where many investors are choosing to hold rather than sell. Fewer coins entering the market could create a stronger price floor.

Additionally, positive macroeconomic trends, such as an increase in the global M2 money supply, could also prove beneficial for Bitcoin. Analyst Jelle shared a chart illustrating how BTC’s price often trails movements in the M2 money supply, signalling strong potential for further gains ahead.

Looking at BTC’s future price movements, some technical indicators like Fibonacci extension levels suggest ambitious targets, possibly hitting $135,000 by August 2025. Nevertheless, for this to happen, Bitcoin needs to hold its ground above $93,500. Some analysts also speculate that BTC could take cues from gold’s price history, forecasting that the ‘digital gold’ may spike to as high as $450,000 by the year’s end. At the time of writing, BTC was trading at $95,374, reflecting a 2.4% rise in the last 24 hours.

Nikita Petrov is a well-respected foreign correspondent revered for his insightful coverage of Eastern European affairs. Originally from Moscow, he pursued his education in political science at the University of St. Petersburg before transitioning into journalism. Over the past 14 years, Nikita has provided in-depth reports and analyses from multiple countries, earning a reputation for his nuanced understanding of complex geopolitical issues.

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