Here’s Where the 2025 Bitcoin Top Could Be

Bitcoin price just experienced a great short squeeze, clearing the consolidated zone around $106,000. As the bulls are trying extensively to push the price above $110,000, the downside risk after the short squeeze seems to be emerging. However, after a short-term consolidation, the price is expected to rise and mark the market top of 2025. 

The historical chart of Bitcoin suggests the token still has more room to grow. Whenever the 200-week SMA crosses the previous cycle’s all-time high horizontal level, the top is usually in. This hints towards more upside potential, which could elevate the BTC price towards the 2025 top, somewhere around $160K to $170 in the coming days. 

Therefore, Bitcoin appears to be under the influence of excessive institutional adoption and whale movements. Hence, the token is expected to maintain a strong ascending trend as it may not allow the price to drop below $100K, or until they book their profits.