The price of Bitcoin was moved aside in recent sessions, but soon a major outbreak could be made. Currently, the price consolidates just below a large resistance trend line on the daily graph. This level has retained several days, creating tension in the market, because traders are waiting for the next decisive movement.
Interestingly, analyst TED cushions pointed out that in 2020 a huge government expenditure law helped to send Bitcoin to record highlights. Now in 2025 another expenditure account is on the road, and this is even greater, in the hope that history could repeat itself.
In a recent interview, Cryptoquant’s research, Julio Moreno, shared his prospects for the price of Bitcoin in the next two to three months. According to Moreno, Bitcoin will probably trade between $ 87,000 and $ 99,000 in the short term if the current market conditions continue.
Moreno explained that this range is based on data from chains that demonstrate the average price with which traders brought their bitcoin, known as the realized price. In bull markets, prices often correct to this level before they go higher. The upper resistance band, which would for the time being act as a potential top, is $ 138,000.
At the moment, the demand for Bitcoin seems to be somewhat weakened. Unless buying activity in the coming weeks, Moreno said there is a stronger chance of seeing a dip to $ 99,000 before a big rally. He said that to see Bitcoin rise to $ 138,000, the question should strengthen.
Moreno further explained that Bitcoin’s market cycle could still reach about $ 190,000 later, although he expects the current cycle to extend until 2026. Historically, Bitcoin performs well in the last quarter of the year during bull cycles, so a strong finish of 2025 is not out of the table.