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Bitcoin Primed for $111K Surge – Make-or-Break Weekend Ahead

Bitcoin Primed for $111K Surge – Make-or-Break Weekend Ahead

Published:
2025-07-05 15:20:36
16
1

Bitcoin Eyes $111K Bounce After Pullback – Weekend Crucial

Bitcoin teeters on the edge of a seismic move—will this weekend spark the rally to $111K or deepen the pullback?


The Setup:
After a sharp retracement, BTC's chart paints a textbook bounce-or-break scenario. Traders are glued to weekend liquidity flows, where thin markets often amplify moves.


The Stakes:
A hold above key support could trigger algorithmic buying frenzies. Fail? Cue the 'overleveraged degens' memes as liquidations snowball.


The Wildcard:
Macro jitters lurk—because nothing says 'stable store of value' like watching your portfolio swing 10% before brunch.

Bitcoin Fights to Hold Key Support Range

Bitcoin (BTC) opened the weekend with a retracement, falling to around $107,245 after touching highs above $109,000 on Thursday. This pullback came after BTC bounced from a crucial range between $104,000 and $106,000, a level described by analysts as “the most important” for maintaining bullish momentum.

According to Sjuul, a well-followed analyst at AltCryptoGems, the bounce from this area was “textbook perfect,” offering what he called an ideal entry for bullish traders. He added that Bitcoin continues to operate within a two-month consolidation range, with prices trapped between familiar support and resistance zones.

“Since we’re in a range, we have to respect its structure—high, mid, and low. Right now, bulls need to step in at the mid-range to push us back up,” Sjuul said.

BTC Liquidity Points to $111K Target Zone

Sjuul also pointed to Bitcoin’s liquidity heatmap, which shows a major cluster of potential activity NEAR the $111,000 level. This cluster represents areas where many stop-loss orders and market liquidity are stacked.

“Price is attracted by liquidity. We’ve left unfinished business at $111,000, and I expect that level to be tested sooner or later,” he explained.

If bitcoin reclaims this range high, it could be a key moment for breaking out of the current sideways pattern and beginning a stronger upward trend.

Power of Three Pattern Suggests Expansion Is Near

The analyst believes Bitcoin is continuing to follow a “Power of Three” (Po3) setup, a pattern that consists of accumulation, manipulation, and expansion phases.

“We’re already expanding inside this structure. If we break the range, further expansion should follow,” he noted.

However, until BTC breaks out convincingly above the range highs, volatility is expected to continue.

BTC Fails to Hold Above Resistance – Can It Reclaim the Breakout Zone?

Other analysts are watching BTC’s recent attempt to break through a six-week diagonal resistance line. Rekt Capital, another crypto analyst, noted that BTC had broken out of two previous downtrends over the last 40 days but was rejected again near the $108,000 mark.

“Bitcoin is losing the diagonal for now. But if we close the day above it, then this could simply be a downside wick,” he said on Friday.

He believes that dipping into the previous breakout zone isn’t necessarily bearish if Bitcoin can close back above the trendline—which WOULD confirm it as new support.

A strong daily close above this level could reignite bullish momentum and provide the foundation for another test of the $110K–$111K resistance zone.

Bitcoin Price Prediction 2025: Still On Track?

Despite recent price dips, analysts remain confident that Bitcoin’s long-term bullish outlook is intact. Some believe the current pattern could eventually set the stage for Bitcoin to hit $120,000 or more in 2025, especially if macro conditions improve and ETF demand remains strong.

Bitcoin’s current range-bound behavior is seen as healthy consolidation after its massive rally earlier this year. With institutional interest still strong, including major net inflows into BTC spot ETFs, many expect the digital asset to resume its climb in the second half of 2025.

The next 24 to 48 hours will be critical. A strong weekend close could confirm new support and fuel a breakout—while a weak close might drag Bitcoin back toward the $105,000 level or even lower.

Key BTC Levels to Watch This Weekend

  • Immediate support: $104,000 – $106,000

  • Current trading level: ~$107,000

  • Resistance 1: $109,000

  • Resistance 2 (range high target): $111,000

  • Breakout confirmation: Daily close above diagonal resistance (~$108K)

Conclusion: Volatile Weekend Ahead for Bitcoin

Bitcoin is once again at a crossroads. After failing to hold above a key resistance line, the price is testing critical support zones that will decide whether a bullish breakout or further retracement comes next.

Analysts are watching liquidity, heatmaps, and range behavior closely—and all signs suggest the weekend could bring heightened volatility. If bulls step in and BTC closes above its diagonal trendline, it could clear the path to $111K in the near term.

But caution remains. Until Bitcoin breaks out of its consolidation range, traders should be prepared for swift moves in both directions.

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