- An analyst predicts that Bitcoin will reach $ 130,000 within 90 days-the Onchain indicators speak for continued growth despite volatility.
- Die Market correction is seen as a healthy break and bullish atmosphere remains intact despite economic challenges.
Market dates show that Bitcoin has recently proven resistance by recording a weekly increase of 4.24% and achieving an intraaday high of $ 88,804. This upward movement has rejected the discussion about the future development of cryptocurrency.
Bitcoin expert Axel Adler sees the current market consolidation more as a healthy break than as a real downturn.
An insightful tweet on X recently announced that the BTC Market Alert indicates a lever -powered pump.
$BTC Market Alert: Leverage-driven pump
Open Interest (OI) hit record levels above $32B as BTC price surges near $87.5K!
But here’s the catch: High OI + Rapid Price Increase = Risk of Liquidation Cascades!
If the rally continues, the FOMO could fuel a parabolic… pic.twitter.com/2JpaUvloQP
— IT Tech (@IT_Tech_PL) March 24, 2025
Using on-chain metrics such as the investor Price Model and Cumulative Value Days Destroyed (CVDD), Adler indicates that Bitcoin is still in a growth phase.
He predicts that Bitcoin could increase to $ 130,000 within the next 90 days, pointing out that such top values could cause experienced investors to realize profits, which could put the price under pressure.
Market mood and external influences
Despite Adler’s optimism, the general market mood shows a mixed picture. Betting markets currently have a 61%probability that Bitcoin will reach $ 110,000 in 2025, with the confidence for higher goals. Adler:
“On-chain metrics confirm that the current correction is a healthy break within an ongoing upward cycle. Despite short-term macroeconomic challenges and increased volatility, the market remains bullish. In view of the dominance of call options and market compression, we can expect an increase in interest-bullish volatility next week.”
In addition, economic factors, including customs policy and inflation, have led to increased volatility, with Bitcoin a decrease of 20% recorded in January.
According to Bitcoin Magazine Pro, technical analyzes offer different perspectives. The 2-year multiplier of the sliding average (MA), a tool for long-term investment decisions, emphasizes periods in which the purchase or sale of Bitcoin could bring significant returns.
Current market snapshot
While the way to $ 130,000 remains uncertain, the latest performance of Bitcoin and the underlying market dynamics indicate a complex interplay of factors that could influence the price in the coming months. An earlier CNF contribution also pointed out that analysts have set a target of $ 126,000 BTC for June.
According to CoinmarketCAP, BTC is currently trading at $ 86,965.39, which corresponds to a decline of 0.39 % since yesterday and an increase of 4.61 % last week.
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