Bitcoin (BTC) price prediction: The latest monthly candle shows a strong bullish formation, suggesting further upside potential. With a small lower wick, the candle indicates limited selling pressure, and the overall trend remains bullish. Bitcoin has surged from $73,966 to around $112,000 — a 51% gain in just one month.
On the weekly chart, there is one day left for the candle to close. The current formation is a spinning top, which typically signals a pause before the next move. If the candle closes as a spinning top, it could lead to renewed bullish momentum in the upcoming week.
Looking at the daily chart, after facing selling pressure at the all-time high, Bitcoin is forming a W pattern, indicating a possible reversal to the upside. For intraday trading, the range to watch is $106,810 to $112,000. A buy setup is triggered at $108,990, targeting $110,084, with a stop-loss below the entry candle low.
The bullish momentum is further supported by a massive $600 million net inflow into Bitcoin in a single day, reflecting strong institutional interest. This capital inflow shows confidence in Bitcoin’s future, helping to sustain the rally.
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Bitcoin Price Prediction: Key Levels
- Intraday Range: $106,810 – $112,000
- Buy Entry: $108,990
- Target: $110,084
- Stop-Loss: Below entry candle low
Bitcoin remains bullish, with institutional buying, strong technical patterns, and a robust market structure supporting further gains. The path of least resistance is to the upside.
Read out the 5 EMA strategy for intraday trading – 5EMA.