On
Wednesday, May 28, 2025, Bitcoin (BTC) is trading just below $109,000, with the
price consolidating after reaching new highs of $112,000 last week.
While
bearish voices argue that BTC may now undergo a deeper correction, especially
after a 50% rally from the April lows, an executive from one popular
cryptocurrency exchange is instead expecting another 30% surge.
Technical
analysis appears to support her outlook. Let’s examine how high Bitcoin prices can reach and identify the current main support and resistance levels on the BTC chart.
Tracy Jin, Source: LinkedIn
Tracy Jin,
Chief Operating Officer at cryptocurrency exchange MEXC, observes that
institutional behavior is transforming Bitcoin from a retail-driven, cyclical
asset into a cornerstone of corporate finance. This evolution represents a
departure from previous market cycles that relied heavily on individual
investor enthusiasm.
“What
was once a retail-driven market and highly cyclical asset has become a
cornerstone in institutional finance,” Jin stated, noting that
institutions are focusing on Bitcoin’s long-term value proposition rather than
short-term price fluctuations.
Jin
projects that sustained corporate and institutional momentum could push Bitcoin
to the new all-time high (ATH): “Bitcoin is expected to break the $109,500 and $111,000—$112,000 resistance
range in the coming weeks and head towards the $140,000 range towards the end
of summer.”
However,
macroeconomic headwinds could test support levels around $106,000-$107,000,
with a potential decline to the major support zone at $100,000 or lower at
$94,000.
Bitcoin Price Prediction
Table 2025
Level Type
Price
Range
Scenario/Context
Current
Resistance
$109,500
First resistance level to break
Key
Resistance Zone
$111,000 –
$112,000
Major
resistance range
Bullish
Target
$140,000
Summer target if institutional
momentum persists
Support
Level
$106,000 –
$107,000
Potential retest area if macro
conditions weaken
Major
Support
$100,000
Key support zone on breakdown
Lower
Support
$94,000
Critical level – bullish structure
intact above this
Bear
Market Trigger
Below $94,000
Break below invalidates bullish
structure
Key Scenarios:
Bullish
Path: Break above $109,500 → $111,000-$112,000 → $140,000 targetBearish Path: Fail at resistance → retest
$106,000-$107,000 → potential drop to $100,000 → $94,000
You may also like: Robert Kiyosaki Says Even 0.01 Bitcoin Could Make You Rich, Calls BTC “Easiest Money Ever”
What Does Technical
Analysis Say About BTC/USDT Price?
According
to my technical analysis, Bitcoin may indeed have room for further gains, with
a breakout above $112K potentially paving the way toward new all-time highs.
Since the April lows, the price has been moving within a narrow, steeply
ascending bullish regression channel that continues to hold.
Notably, we
are now trading above the resistance level from late 2024 and early 2025,
marked by the previous ATH. For the first time, that resistance has turned into
support. During Tuesday’s session, both the channel and this key level were
tested—bearish pressure was rejected.
While Jin
points to key support levels at $100K and $94K, I see a break below the
$90K–$92K zone, the lows from December 2024 and January 2025, as a more
decisive signal that bears could start taking control. This zone also aligns
with the 200 EMA, which I consider the main threshold separating bullish from
bearish trends.
BTC/USDT price chart technical analysis. Source: TradingView.com
You may find it interesting too: JPMorgan Predicts Bitcoin to Outperform Gold in H2 2025 Driven by Institutional Adoption
Traditional Safe Havens
Under Pressure
The shift
toward Bitcoin comes as traditional safe-haven assets face mounting pressure.
Bond yields in the United States and Japan are climbing, while sovereign debt
burdens continue to expand. The erosion of traditional AAA credit ratings has
prompted institutional investors to reconsider their risk models.
Japanese
institutions are reportedly reassessing their exposure to U.S. Treasury bonds,
while American investors monitor potential political influences on Federal
Reserve policy decisions. This environment has positioned Bitcoin’s neutrality
and transparency as increasingly attractive attributes for institutional
portfolios.
“This
is not a flight from risk — it’s a flight from the old model of risk,” Jin
explained, highlighting how capital is moving away from traditional government
bonds that previously served as crisis hedges.
Recent
market data supports the institutional adoption narrative. Bitcoin
exchange -traded funds recorded $25 billion in weekly trading volume alongside
$2.75 billion in inflows during the previous week, demonstrating sustained
institutional interest despite broader economic uncertainties.
The
self-reinforcing nature of institutional adoption is becoming apparent as more
corporations announce Bitcoin allocations, creating competitive pressure for
others to follow suit. This momentum, combined with improving regulatory
frameworks and institutional-grade custody solutions, is expected to drive
further adoption.
Bitcoin Price and Crypto
Markets Face Extended Volatility Amid Trade Tensions
Cryptocurrency
markets are experiencing sustained volatility as trade policy uncertainty and
macroeconomic pressures create conditions that professional traders are
exploiting for profit, according to market analysis from CoinPanel.
Recent
market movements illustrate this pattern. President Trump’s announcement of a
50% tariff on European Union goods, followed by its postponement until July 9,
created immediate ripple effects across financial markets, including
cryptocurrencies. Such policy shifts demonstrate how quickly sentiment can
change in current market conditions.
Trump backed down from the 50% EU Tariffs after the announcement failed to budge the stock market for his usual market manipulation and pump & dump pony trick. He’ll try again in July. pic.twitter.com/cAYiIVVxUD
— Anonymous (@YourAnonCentral) May 26, 2025
“We
are navigating a period of heightened volatility, driven by economic
uncertainty, fluctuating macroeconomic indicators, and escalating tariff
tensions,” said Dr. Kirill Kretov at CoinPanel, who has been tracking
these market dynamics throughout the spring.
Kretov
highlighted how recent events exemplify the market’s sensitivity to political
developments. “The recent episode involving President Trump’s announcement
of a 50% tariff on European Union goods, followed by a subsequent delay until
July 9, exemplifies how such geopolitical moves can swiftly impact market
sentiment,” he explained.
Market
participants with sophisticated trading capabilities are positioning themselves
to benefit from the ongoing volatility. These traders execute strategies
specifically designed to amplify price movements and extract profits from the
resulting market turbulence.
“In
this low-liquidity environment, even modest capital flows can lead to
significant price swings,” Kretov noted. “Professional traders are
capitalizing on this by executing strategies that amplify these movements,
extracting profits from the ensuing volatility.”
Watch Out for Bitcoin and
Altcoin Turbulence
The
CoinPanel analyst emphasized that Bitcoin’s deep liquidity doesn’t shield it
from political sensitivity. “Even Bitcoin, with the deepest liquidity
reacts sharply to announcements from the president’s office, while altcoins
experience even stronger turbulence in response,” he said.
This
professional activity suggests the volatile conditions may persist as long as
major market participants continue to find profitable opportunities in the
current environment. “This volatility is likely to persist as long as
major players continue to exploit these conditions for profit,” Kretov
warned.
The analysis suggests that highly leveraged positions without proper hedging or clear risk management protocols could result in significant losses, given the unpredictable nature of price movements.Bit
“For
investors, this underscores the importance of adapting strategies to navigate
the current landscape effectively,” Kretov advised. “Engaging in
highly leveraged, unhedged positions without a clear risk management plan could
lead to unfavorable outcomes.”
Kretov
concluded with a call for vigilance in the current environment. “Staying
informed and agile is crucial in these times. Whether you choose to adjust your
investment approach or observe the market dynamics, understanding the
underlying factors driving this volatility will be key to making informed
decisions.”
On
Wednesday, May 28, 2025, Bitcoin (BTC) is trading just below $109,000, with the
price consolidating after reaching new highs of $112,000 last week.
While
bearish voices argue that BTC may now undergo a deeper correction, especially
after a 50% rally from the April lows, an executive from one popular
cryptocurrency exchange is instead expecting another 30% surge.
Technical
analysis appears to support her outlook. Let’s examine how high Bitcoin prices can reach and identify the current main support and resistance levels on the BTC chart.
Tracy Jin, Source: LinkedIn
Tracy Jin,
Chief Operating Officer at cryptocurrency exchange MEXC, observes that
institutional behavior is transforming Bitcoin from a retail-driven, cyclical
asset into a cornerstone of corporate finance. This evolution represents a
departure from previous market cycles that relied heavily on individual
investor enthusiasm.
“What
was once a retail-driven market and highly cyclical asset has become a
cornerstone in institutional finance,” Jin stated, noting that
institutions are focusing on Bitcoin’s long-term value proposition rather than
short-term price fluctuations.
Jin
projects that sustained corporate and institutional momentum could push Bitcoin
to the new all-time high (ATH): “Bitcoin is expected to break the $109,500 and $111,000—$112,000 resistance
range in the coming weeks and head towards the $140,000 range towards the end
of summer.”
However,
macroeconomic headwinds could test support levels around $106,000-$107,000,
with a potential decline to the major support zone at $100,000 or lower at
$94,000.
Bitcoin Price Prediction
Table 2025
Level Type
Price
Range
Scenario/Context
Current
Resistance
$109,500
First resistance level to break
Key
Resistance Zone
$111,000 –
$112,000
Major
resistance range
Bullish
Target
$140,000
Summer target if institutional
momentum persists
Support
Level
$106,000 –
$107,000
Potential retest area if macro
conditions weaken
Major
Support
$100,000
Key support zone on breakdown
Lower
Support
$94,000
Critical level – bullish structure
intact above this
Bear
Market Trigger
Below $94,000
Break below invalidates bullish
structure
Key Scenarios:
Bullish
Path: Break above $109,500 → $111,000-$112,000 → $140,000 targetBearish Path: Fail at resistance → retest
$106,000-$107,000 → potential drop to $100,000 → $94,000
You may also like: Robert Kiyosaki Says Even 0.01 Bitcoin Could Make You Rich, Calls BTC “Easiest Money Ever”
What Does Technical
Analysis Say About BTC/USDT Price?
According
to my technical analysis, Bitcoin may indeed have room for further gains, with
a breakout above $112K potentially paving the way toward new all-time highs.
Since the April lows, the price has been moving within a narrow, steeply
ascending bullish regression channel that continues to hold.
Notably, we
are now trading above the resistance level from late 2024 and early 2025,
marked by the previous ATH. For the first time, that resistance has turned into
support. During Tuesday’s session, both the channel and this key level were
tested—bearish pressure was rejected.
While Jin
points to key support levels at $100K and $94K, I see a break below the
$90K–$92K zone, the lows from December 2024 and January 2025, as a more
decisive signal that bears could start taking control. This zone also aligns
with the 200 EMA, which I consider the main threshold separating bullish from
bearish trends.
BTC/USDT price chart technical analysis. Source: TradingView.com
You may find it interesting too: JPMorgan Predicts Bitcoin to Outperform Gold in H2 2025 Driven by Institutional Adoption
Traditional Safe Havens
Under Pressure
The shift
toward Bitcoin comes as traditional safe-haven assets face mounting pressure.
Bond yields in the United States and Japan are climbing, while sovereign debt
burdens continue to expand. The erosion of traditional AAA credit ratings has
prompted institutional investors to reconsider their risk models.
Japanese
institutions are reportedly reassessing their exposure to U.S. Treasury bonds,
while American investors monitor potential political influences on Federal
Reserve policy decisions. This environment has positioned Bitcoin’s neutrality
and transparency as increasingly attractive attributes for institutional
portfolios.
“This
is not a flight from risk — it’s a flight from the old model of risk,” Jin
explained, highlighting how capital is moving away from traditional government
bonds that previously served as crisis hedges.
Recent
market data supports the institutional adoption narrative. Bitcoin
exchange -traded funds recorded $25 billion in weekly trading volume alongside
$2.75 billion in inflows during the previous week, demonstrating sustained
institutional interest despite broader economic uncertainties.
The
self-reinforcing nature of institutional adoption is becoming apparent as more
corporations announce Bitcoin allocations, creating competitive pressure for
others to follow suit. This momentum, combined with improving regulatory
frameworks and institutional-grade custody solutions, is expected to drive
further adoption.
Bitcoin Price and Crypto
Markets Face Extended Volatility Amid Trade Tensions
Cryptocurrency
markets are experiencing sustained volatility as trade policy uncertainty and
macroeconomic pressures create conditions that professional traders are
exploiting for profit, according to market analysis from CoinPanel.
Recent
market movements illustrate this pattern. President Trump’s announcement of a
50% tariff on European Union goods, followed by its postponement until July 9,
created immediate ripple effects across financial markets, including
cryptocurrencies. Such policy shifts demonstrate how quickly sentiment can
change in current market conditions.
Trump backed down from the 50% EU Tariffs after the announcement failed to budge the stock market for his usual market manipulation and pump & dump pony trick. He’ll try again in July. pic.twitter.com/cAYiIVVxUD
— Anonymous (@YourAnonCentral) May 26, 2025
“We
are navigating a period of heightened volatility, driven by economic
uncertainty, fluctuating macroeconomic indicators, and escalating tariff
tensions,” said Dr. Kirill Kretov at CoinPanel, who has been tracking
these market dynamics throughout the spring.
Kretov
highlighted how recent events exemplify the market’s sensitivity to political
developments. “The recent episode involving President Trump’s announcement
of a 50% tariff on European Union goods, followed by a subsequent delay until
July 9, exemplifies how such geopolitical moves can swiftly impact market
sentiment,” he explained.
Market
participants with sophisticated trading capabilities are positioning themselves
to benefit from the ongoing volatility. These traders execute strategies
specifically designed to amplify price movements and extract profits from the
resulting market turbulence.
“In
this low-liquidity environment, even modest capital flows can lead to
significant price swings,” Kretov noted. “Professional traders are
capitalizing on this by executing strategies that amplify these movements,
extracting profits from the ensuing volatility.”
Watch Out for Bitcoin and
Altcoin Turbulence
The
CoinPanel analyst emphasized that Bitcoin’s deep liquidity doesn’t shield it
from political sensitivity. “Even Bitcoin, with the deepest liquidity
reacts sharply to announcements from the president’s office, while altcoins
experience even stronger turbulence in response,” he said.
This
professional activity suggests the volatile conditions may persist as long as
major market participants continue to find profitable opportunities in the
current environment. “This volatility is likely to persist as long as
major players continue to exploit these conditions for profit,” Kretov
warned.
The analysis suggests that highly leveraged positions without proper hedging or clear risk management protocols could result in significant losses, given the unpredictable nature of price movements.Bit
“For
investors, this underscores the importance of adapting strategies to navigate
the current landscape effectively,” Kretov advised. “Engaging in
highly leveraged, unhedged positions without a clear risk management plan could
lead to unfavorable outcomes.”
Kretov
concluded with a call for vigilance in the current environment. “Staying
informed and agile is crucial in these times. Whether you choose to adjust your
investment approach or observe the market dynamics, understanding the
underlying factors driving this volatility will be key to making informed
decisions.”
