Bitcoin Primed for Bull Run if $105K Support Holds—Here’s the Trigger
Bitcoin’s next leg up hinges on a critical $105,000 support level—break that, and the bears take control. Hold it? Cue the rally.
Why $105K matters
That number isn’t arbitrary. It’s the line in the sand where buyers have historically stepped in, propping up BTC before another surge. Fall below, and sentiment flips faster than a crypto VC’s allegiance.
The macro setup
With institutional money lurking and retail FOMO creeping back, Bitcoin’s poised for fireworks—if it keeps its footing. Traders are watching liquidity pools like hawks, ready to pounce on any dip or breakout.
The cynical kicker
Of course, Wall Street will claim they saw it coming—right after they finish shorting it.
Analyst Explains Why $105,000 Might Be A Crucial Support
Prominent on-chain analyst Burak Kesmeci took to the social media platform X to share his latest evaluation of the Bitcoin price. According to the online crypto pundit, the price of BTC is more likely to witness upward momentum so long as it stays above the $105,799 crucial support over the next few weeks.
This prediction is based on Realized Price UTXO Age Bands, which estimates the average price at which bitcoin holders purchased their BTC relative to the duration they’ve held their coins. Specifically, Kesmeci highlighted the 1-week to 1-month age band (green line) as the one to watch.
Considering its short duration, this age band offers insight into “short-term holders’ behavior and, potentially, the overall market sentiment. As shown in the chart above, this age band served as a significant support cushion for the flagship cryptocurrency as recently as June 1, 2025.
As of the time of publishing the post on X, the 1-week to 1-month age band was around the $105,799 region, meaning that the price of BTC could rely on this level for support.
The rationale behind this prognosis is that STH, with their cost basis around $105,799, are likely to defend their positions by purchasing more coins when bitcoin price returns to this level, leading to the formation of a support cushion and keeping the price afloat.
Kesmeci noted that investors can expect to see further positive price movement so long as Bitcoin stays above the $105,799 support level.
Bitcoin Price At A Glance
As of this writing, the price of BTC sits just above $108,100, reflecting an over 1% decline in the past 24 hours. Despite reaching a seven-day high of $110,300 and a low of around $105,430, the premier cryptocurrency is now back around where it started the week. According to data from CoinGecko, the Bitcoin price is up by a mere 1% on the weekly timeframe.
