Key Points:
A weekly strong inflow into the spot will improve the rally’s outlook towards $110,000 to Bitcoin ETFs.
Hype, BCH, Aave, and OKB could march higher if Bitcoin exceeds $105,000.
Bitcoin (BTC) forms a Doji Candlestick pattern on its weekly charts, indicating indecisiveness between buyers and sellers. Despite the short-term uncertainty, analysts remain bullish on the Bitcoin outlook for 2025, hoping for a rally between $140,000 and $270,000.
Another positive indication is that the geopolitical turmoil caused by the conflict between Israel and Iran has not generated panic among investors. The US-based Spot Bitcoin Exchange-Traded Funds witnessed $86.3 million on Thursday and $301.7 million on Friday, increasing its weekly total inflow to $1.37 billion, according to data from Farside Investors.
The best Bitcoin integration of all time has not generated sales signals on any of the 30 “bull market peak” indicators monitored by Coinglass. In a post on X, popular trader Cas Abbe said that the model projected a target of between $135,000 and $230,000 in this cycle.
Can Bitcoin rise towards $110,500 and pull Select Altcoins higher? If so, take a look at cryptocurrency that looks strong on the charts.
Bitcoin price forecast
Bitcoin found support on Friday’s 50-day simple moving average ($103,604), while the Bulls are struggling to push prices above the 20-day index moving average ($106,028). It suggests a lack of purchases at a higher level.
A flat EMA for 20 days and a relative strength index (RSI) near the midpoint does not give a clear advantage to the Bulls or Bears. As buyers drive prices above the 20-day EMA, the BTC/USDT pair can rise from $110,530 to the $111,980 zone. Sellers are expected to defend their overhead zones vigorously, but if the Bulls win, the pair could surge to $130,000.
On the downside, a break below the 50-day SMA could challenge a critical psychological level of $100,000. If the level breaks, the pair may slide to $93,000.
Sellers are trying to stall their recovery with 20-EMA on the 4-hour chart. If prices drop sharply and fall below $104,000, the short-term advantage is leaning in the bear’s favor. The pair can go down to $102,664, then $100,000. Buyers are expected to defend hard at $100,000 levels.
The Bulls need to push prices above 50-SMA to seize control. The pair could then surge to $110,530.
High lipid price forecast
Buyers have struggled to maintain high lipids (hype) of over $42.50, indicating that bears are active at a higher level.
The 20-day UPSLOPING 20 days ($36.96) shows buyers have an advantage, but the negative divergence of RSI suggests that bullish momentum is slowing down. Breaks and closures above $44 will neutralize negative divergence and open gates up to $50 at the rally.
Contrary to this assumption, if prices drop and fall below the 20-day EMA, it indicates profit booking by the Bulls. This will bring the deeper fix to $32.50 and then $30.50.
Pullback is supported at 50-SMA on the 4-hour chart, suggesting that a lower level is attracting buyers. If 20-EMA is scaled, the pair can rise to $42.78, then $44. The uptrend will resume with a break above $44.
Conversely, rest and closure under the 50-SMA suggests that the bull has given up. It could accelerate sales and pull the pair onto the uptrend line. This is an important short-term support to watch out for as a break under the uptrend line could sink the pair to $30.50.
Bitcoin cash price forecast
Bitcoin Cash (BCH) bounced back from the 50-day SMA ($403) on Friday, but the Bulls face tough resistance at $462.
The upward moving average and the positive region RSI indicate that the path with the least resistance is upside down. If a buyer overcomes the barrier at $462, the BCH/USDT pair could rise to $500.
A 50-day SMA is an important support to be aware of the downsides. If the support breaks, the pair can sink to $375. The buyer tries to arrest a decrease at $375. If they succeed, the pair can merge between $375 and $462 for a while.
The pair reached $462 resistance, which the bears expected to intervene. If buyers do not allow prices below $450, the outlook for breaks above $462 will improve. If that happens, the pair could surge to $500.
Alternatively, if the $500 level collapses, the pair could fall to a moving average. If the price rebounds from the moving average, the Bulls will try to push a price above $462 again. Short-term trends favor bears with breaks below 50-SMA.
Related: Here’s what happened with Crypto today
Aave price forecast
Aave (Aave) surged past $285 resistance on Tuesday, but the Bulls were unable to maintain a higher level.
Prices fell sharply from $325 on Wednesday to reach a 20-day EMA ($269). If the price rebounds the 20-day EMA with force, the Bulls will strive to push the Aave/USDT pair over $325. If they manage to do so, the pair could soar towards $380.
On the contrary, a break below the 20-day EMA allowed the pair to enter the uptrend line. Buyers are expected to vigorously adhere to the uptrend line. If the price rises from the uptrend line and breaks above the 20-day EMA, the Bulls try to drive the pair to $325 again.
The 20-EMA is tilted on the 4-hour chart, with the RSI immersed in the negative zone, indicating that the Bear has the advantage. There is $261 support, but if the level collapses, the pair could fall into the uptrend line.
The first sign of strength is the break and close above the 20-EMA. This will raise the door to $291 and then $309. Sellers are expected to boldly defend the $309 to $325 zone.
OKB price forecast
OKB (OKB) is traded within the descending channel pattern for several days. Buyers tried to push prices up above the channel on Wednesday, but the bear held the ground.
A small advantage in favor of the Bulls is that they don’t allow the price to drop to $49 support. The signal is purchased with dip. If the buyer pushes a price above the moving average, the OKB/USDT pair could move to the resistance line. Repeated retesting of resistance levels tends to weaken it. If a buyer penetrates the resistance line, the pair can meet up to $56 and then up to $60.
This positive view will be void in the short term if prices drop and fall below the $49 support. This suggests that the pair may remain stuck in the channel for several more days.
The Bulls are about to begin their recovery, but the bears are defending the 20-EMA on the 4-hour chart. A price drops from 20-EMA and falls below $51 suggests that the bear is under control. The pair could then plummet to $49.
On the other hand, movement above the moving average suggests that the bear is losing grip. This increases the chances of rising resistance, which is an important level to be aware of. Breaks above the resistance line indicate a potential change in trend.
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
