Bitcoin News: Enthusiasm Peaks at $100K, But Experts Warn of Potential Dip to $95K

Bitcoin's price has recently seen significant enthusiasm, with retail investors driving demand at the $100,000 mark. However, market experts caution that a potential dip to $95,000 could be on the horizon due to the behavior of short-term holders.

Bitcoin Enthusiasm Peaks At $100K, Yet Expert Eyes A $95K Dip

The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000. Retail investors, which include smaller holders termed as 'Shrimps' and 'Crabs,' have been enthusiastically accumulating Bitcoin. In the last month, Glassnode reports that these groups collectively added 25,600 BTC to their portfolios. That's nearly twice the amount of newly mined Bitcoin over the same period, a sign of significant demand for the 'digital gold' at its price peaks.

Bitcoin to $150K in 2025, Analyst Says

James Check, a Glassdote analyst, predicts that Bitcoin ($BTC) could reach $150,000 by 2025, drawing parallels to its 2016-2017 cycle where it surged from $800-1600 to $19,783. He suggests that Bitcoin may consolidate until May 2025 before experiencing a significant bull run. However, Check believes Bitcoin will not sustain the $150,000 level, with a potential correction expected after reaching a 'topping cloud' between $120,000 and $150,000, as the crypto markets may turn bearish in early 2026.

Will Wall Street Pepe Ride the 100x Wave?

Bitquant, a crypto trader, commented on X that those who believe Bitcoin has peaked at current levels may miss out on substantial gains. He anticipates a macrocycle bull run in the fourth quarter of an unspecified year, suggesting significant upward momentum for Bitcoin and potentially other cryptocurrencies.

Morgan Stanley Expands Crypto Market Presence

Morgan Stanley is set to expand its presence in the cryptocurrency market, following a surge in bullish sentiment due to Donald Trump's election victory. The bank, which was the first major US financial institution to offer Bitcoin funds to its clients, plans to work closely with US regulators. This move comes as the crypto market is seen as increasingly lucrative by major global businesses.

Bitcoin Trading In Historically Tight Range: Volatile Decompression Soon?

Bitcoin has recently been trading inside a historically narrow 60-day price range. According to Glassnode, an on-chain analytics firm, BTC hasn't witnessed much sharp price action recently. The chart shared by Glassnode shows that there have only been a few periods where the asset has traded between a narrower range during a 60-day period than the last two months. This highlights just how tight the price action has been for Bitcoin recently. Historically, such periods of compressed volatility are often followed by significant price movements.