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BTC Price Prediction: Consolidation Phase Nears End as Technicals and Sentiment Diverge

BTC Price Prediction: Consolidation Phase Nears End as Technicals and Sentiment Diverge

Published:
2025-05-30 07:58:14
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Bitcoin Technical Analysis: Short-Term Consolidation Likely Before Next Move

Bitcoin is currently trading at $105,619, slightly below its 20-day moving average of $106,288, indicating near-term resistance. The MACD histogram shows a bullish crossover at -2,774.45, though still in negative territory, suggesting weakening downward momentum. Bollinger Bands reveal price hovering NEAR the middle band, with potential support at $101,237 and resistance at $111,338.

"The convergence of price near the MA and tightening Bollinger Bands typically precedes volatility," said BTCC analyst Mia. "While the MACD improvement hints at stabilization, BTC needs to reclaim $106,300 decisively to confirm upside potential."

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Mixed Signals for Bitcoin Amid Institutional Support and Macro Concerns

News sentiment reflects a tug-of-war between bullish catalysts (rising institutional ETF demand, accumulation by large wallets) and macro headwinds (trade wars, Fed caution). Headlines about MicroStrategy’s outperformance and Intuit’s rumored Bitcoin ambitions contrast with warnings about MVRV ratio weakness.

"The 133% returns of Bitcoin-correlated stocks show lasting institutional interest," noted BTCC’s Mia. "However, the market remains sensitive to Fed policy and geopolitics - expect choppy trading until BTC clears $111,300 or breaks $101,200."

Strive Escalates Bitcoin Blitz, Targets $165 Billion Intuit Next

Strive Asset Management has urged Intuit, the $165 billion fintech firm behind TurboTax and Mailchimp, to allocate portions of its balance sheet to Bitcoin. This follows Strive’s earlier success with GameStop, which agreed to add BTC to its balance sheet after months of engagement. In an open letter dated April 14, Strive’s CEO Matt Cole called upon Intuit’s top leadership to consider adding Bitcoin to Intuit’s reserves as a hedge against potential risks.

MSTR Outshines Magnificent 7 With 133% 1-Year Return Fueled By Bitcoin

In a period marked by economic turbulence, MSTR is quietly outperforming Silicon Valley’s brightest stars, delivering a staggering 133% return over the past 12 months. The company’s Bitcoin-holding plan has seen it eclipse the so-called “Magnificent Seven” tech stocks, which have slumped under the weight of a global trade war. Data from financial research platform YCharts shows that as of April 15, MSTR’s one-year total returns stood at about 133%, far outperforming Wall Street giants. Tesla, the best-performing among the seven, lags far behind MSTR, managing only 57% returns year-over-year. The second best was Nvidia, which is up 30%, followed by Apple at 17%. Meanwhile, Meta and Google are hovering behind.

Is Bitcoin losing ground to gold? – Here’s why this investor says no.

According to Anthony Pompliano, a BTC investor and founder of Professional Capital Investments, BTC could outperform gold in the long run. In 2025, amid tariff uncertainty, gold has outperformed Bitcoin [BTC] as investors flee to it as a haven. BTC reacted like a risk-on asset and followed U.S. equities’ performance until recently, dropping 10%, while gold was up over 25% on a YTD (year-to-date) basis. Pompliano stated in a recent CNBC interview that ’Gold always leads these rallies. When gold runs, about 100 days or so later, Bitcoin always catches up and runs much harder.’

Bitcoin Price Following Analyst’s Prediction For Bullish Breakout

The Bitcoin price appears to be moving in lockstep with a bullish prediction made by a crypto analyst earlier this month. According to the analyst’s forecast, Bitcoin is set to break out to a new all-time high above $120,000 following the announcement of a temporary tariff pause by United States (US) President Donald Trump. Kaduna, a crypto analyst on X (formerly Twitter), has released a follow-up analysis on his previous bullish prediction of Bitcoin, highlighting that it is playing out as expected. On April 11, the analyst predicted that Bitcoin was preparing for a massive push above $120,000.

Bitcoin Price Erases Daily Gains as Fed Chair Powell Highlights Tariff Risks

Bitcoin’s price volatility returned today as the asset climbed beyond $85,500 but fell sharply after Jerome Powell, the Chairman of the US Federal Reserve, addressed the potential impact of tariffs against China and other nations. Powell said a potential rush of imported goods to avoid increasing tariffs could weigh on estimates of gross domestic product. The US central bank might find itself in a difficult position, having to choose between controlling inflation and supporting economic growth.

Bitcoin 30-Day MVRV Ratio Drops to New Lows, Indicating Weakness

Bitcoin briefly surpassed the $86,000 mark but has since lost its bullish momentum, revisiting levels below $84,000. This pullback has been accompanied by negative performances of several key metrics, including the 30-day Market Value to Realized Value (MVRV) ratio, which has fallen to new lows. Despite finding support at the $83,000 level, Bitcoin’s short-term profitability outlook is facing renewed pressure.

Bitcoin Wallets with 1K-10K BTC Rise – Potential Bull Run Signaled?

Whale wallets holding 1,000 to 10,000 Bitcoin [BTC] are climbing steadily, signaling renewed institutional confidence and accumulation. This pattern mirrors what was seen in April 2024, just before Bitcoin launched into a major rally. Large holders are quietly accumulating, which rarely happens without conviction. As supply tightens and institutional accumulation builds, the stage may be set for Bitcoin’s next big breakout.

Bitcoin Price Breakout: Why $85,700 Is The Most Important Level

Crypto analyst Titan of Crypto has predicted a Bitcoin price breakout soon, highlighting $85,700 as the critical level. The analyst noted that the RSI bullish divergence has played out perfectly, with BTC already hitting two key targets. A daily close above $85,700 could significantly increase the probability of a move to $87,000. Titan of Crypto also revealed a bullish crossover and a bullish Moving Average Convergence Divergence (MACD) indicator.

Bitcoin Market Cools After ATH, 80% Supply Still In Profit

Bitcoin is holding above $82,000 but fails to reclaim the $88,000 resistance zone. Markets are awaiting clarity amid volatility and weak global economic conditions. Some analysts warn of a downtrend due to trade tensions, inflation risks, and fragile investor sentiment. CryptoQuant data shows 80% of Bitcoin supply remains profitable.

Bitcoin Holds Steady Amid US-China Trade War and Tariff Announcements

Bitcoin showed strength, trading above $84,000 on Wednesday as the US-China trade war heats up. The US announced that China faces a total tariff of 245% on imports. China has also reportedly sold much of its seized cryptocurrencies due to an economic slowdown amid the global trade war. Despite the Chinese government selling off parts of its confiscated cryptocurrency holdings, Bitcoin held the $84,000 level amid rising volatility across the financial markets.

Institutional Demand in Bitcoin ETF Stabilizing BTC Volatility

BlackRock’s Bitcoin ETF is among the top performers despite tariff chaos. Analysts suggest that ETF issuers are stabilizing Bitcoin’s volatility, potentially making BTC more secure in the future. These issuers act as major whales, buying up token dumps from retail investors. However, this stability depends on these powerful firms, which are affected by broader macroeconomic concerns. Despite the threat of tariffs causing chaos in global markets, Bitcoin’s price has remained relatively stable, well above its pre-election performance.

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