The analysis by Samir Boyardan and Andreas Wolf from HeavytraderZ, along with current market observations, suggests that a momentum breakout could be imminent for Bitcoin, driving the price towards the all-time high from January 2025.
Technical Situation and Momentum Indicators
Bitcoin has demonstrated strong upward movement in recent months. In particular, a descending wedge pattern, which persisted from late 2024 to early 2025, has been bullishly broken upwards. Descending wedges are seen as reversal patterns with a high probability of rising prices. Following this breakout, Bitcoin managed to overcome significant resistance areas between approximately $88,000 and $92,000.
Additionally, the weekly MACD (Moving Average Convergence Divergence), a key momentum indicator, signals an upcoming bullish crossover. Historically, such MACD crossovers have often preceded significant upward movements. The expanding positive histogram of the MACD further supports this strong momentum.
The Relative Strength Index (RSI) on the weekly chart has also broken through a long-term downtrend line and is currently moving upwards around the 58-point mark – indicating increasing buying pressure without signs of imminent weakness or bearish divergence.
Current Market Development
In May 2025, Bitcoin temporarily reached over $105,000 but then fell back to around $101,000 – which is interpreted as a healthy interim correction within an intact upward trend. The steep price increase over the past few days saw it rise from below $92,000 to around $103,750 with strong volume increases and several bullish impulses. The technical condition remains impressively stable; short-term consolidations at high levels are considered healthy for the continuation of the trend.
The next technical target is around $107,000, extending to an area near approximately $109,356, where further liquidity accumulations exist and price discovery could begin. Some market forecasts even see potential for a rise far beyond these levels to new all-time highs in the range of over $120,000 or more within the year.
Implications for Private Investors
This development means the following for private investors:
- A momentum breakout is imminent or already underway.
- The technical indicators point to a sustainable upward trend.
- Interim corrections are normal and provide entry opportunities.
- Surpassing psychologically important levels like the $100k mark strengthens confidence in Bitcoin as an asset class.
- There is potential for new all-time highs within this year.
Overall, the analysis suggests that Bitcoin is nearing the all-time high from January and may soon experience a significant momentum breakout – which carries both opportunities and risks, especially in light of global uncertainties such as interest rate concerns or geopolitical tensions.