A new analyst projection has reignited
At present, Bitcoin trades near $93,811, reflecting a 12.12% decrease from its most recent peak of $106,744. Even so, technical analysis points to a bearish trend in the immediate term, with mixed messages from 17 major indicators: six suggest buying, while nine recommend selling. The price remains between crucial support at $90,907 and resistance at $94,381. Should Bitcoin surpass $94,381, it could rally toward $99,449 or beyond if momentum continues. Meanwhile, the 14-day RSI stands at 22.59, indicating an oversold market—a condition that has often led to brief recoveries in the past.
Across the broader market, Bitcoin-related investment products are showing resilience. For example, U.S. spot Bitcoin ETFs recently recorded $2.34 billion in new investments over a single week. Top funds such as BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC have seen robust institutional participation. Notably, one day that week saw inflows of $741.5 million—the highest in a day since July 2025. Many market observers view these inflows as a positive sign, signaling increased belief in Bitcoin’s future growth and its utility as a hedge against economic volatility.
Elsewhere, Ethereum has also posted impressive ETF inflows, attracting $638 million during the same timeframe. While
Looking forward, several forecasts propose that Bitcoin could climb to $221,485 in 2025. These estimates rely on historic market cycles and the premise that the current bull run will persist. The 1405-day span between previous record highs, which has often defined Bitcoin’s surges, suggests that another major peak is near. Additionally, the growing popularity of Bitcoin ETFs and ongoing accumulation by large investors are highlighted as important drivers that may propel prices past former records.
Investors are keeping a close watch on the continuation of strong inflows, as these are frequently linked to both price appreciation and market stability over time. While the possibility of short-term pullbacks remains—especially if the Federal Reserve postpones anticipated rate cuts—the broader sentiment is shifting toward recognition of Bitcoin as a foundational investment asset. Altogether, increasing institutional activity, favorable economic conditions, and technical signals all indicate that the next two weeks could be pivotal for Bitcoin’s journey toward new highs.