Bitcoin has reached a new high $ 97,000, continuing to high price climbing. To date, Bitcoin is trading at just $ 97,000. The level of $ 96,000 has recently broken and shows signs of strength in the day -to -day and weekly charts. Some price pullbacks are still expected, but the overall trend remains upward.
Analysts are now watching for the next major price levels as this rally can drive throughout the crypto market. In the second quarter of 2025, Bitcoin shows strong bullish indicators. It recently removed the 200-day transfer of average and builds strong support.
Additional support levels of $ 95,797 and $ 96,441 are also monitored as part of a wider bullish structure. According to an analyst, A prolonged fall below $ 95,280 can signal the early stages of a larger correction, but so far, Bitcoin remains stable above that threshold.
If the purchase of pressure continues, the short -term targets will include $ 97,325, $ 98,745, and the psychological milestone of $ 100,000. These levels represent areas of potential resistance based on recent dynamic prices.
The larger trend remains constructive, with bulls aimed at a continuation of the upbringing towards the $ 115,000- $ 120,000 incidence later in this cycle – provides current support zones.
Market Quiz: Multiple more gains?
The strong bitcoin rally can push other cryptocurrencies such as Ethereum, XRP, and Solana also higher. This pattern, seen in previous bull markets, usually starts with Bitcoin leading the road, followed by altcoins who get momentum while investing investors throughout the market.
While the pullbacks are expected – because prices never go up in a straight line – many experts believe the market is set up for another major running. A major support level to watch is $ 95,280. As long as Bitcoin stays above it, there is an opportunity for more upside down.
