- Bitcoin shows hidden bullish MACD divergence signaling strong upside momentum.
- Institutional demand rises with increased futures open interest and ETF inflows.
- Bitcoin is projected to reach $175,000 by September 2025 amid strong on-chain optimism.
Bitcoin is currently trading at $104,664.05, showing signs of strong momentum amid ongoing market dynamics. Recent analyses suggest that the cryptocurrency is positioned to continue its upward trajectory. With technical indicators and institutional activity pointing to sustained growth, Bitcoin is on track to reach new heights by late 2025.
Technical Signals and Market Momentum
CryptoBoss on X stated that Bitcoin is displaying a hidden bullish divergence. The MACD indicator is turning bullish with a higher low in price and a lower low in MACD, signaling strong upside momentum.
Crypto analyst MasterAnanda pointed out that Bitcoin remains in a bullish structure, with a potential higher low forming near $88,888, aligning with the 0.618 Fibonacci retracement level. He stated, “Bitcoin will never ever trade below $80,000 in its history again,” emphasizing the strength of the current uptrend.
Another analyst, RLinda, shared that Bitcoin is currently testing vital support levels at $102,000 and $101,400. Her analysis suggests the recent correction may be liquidity-driven and not a full trend reversal. A bounce from these levels could lead to a retest of resistance around $106,000 to $108,000, where clearer market direction may emerge.
Institutional Activity and Future Projections
Ted Pillows noted that Bitcoin’s Wyckoff accumulation phase has played out effectively, with global liquidity continuing to rise. He expects Bitcoin to surge above $125,000 after the current correction ends.
Market data supports this, showing increased open interest in Bitcoin futures and growing ETF inflows, reflecting strong institutional demand. Crypto Rover highlighted that Bitcoin’s top is not yet in, pointing to increased trading volumes and a bullish risk signal.
On-chain metrics indicate optimism among holders, with reduced exchange inflows and rising active addresses. These factors, combined with macroeconomic trends, suggest Bitcoin is on track to hit $175,000 by September 2025.
