Bitcoin Price Surges to $103,071 Amid Bullish Market Signals
Bitcoin (BTC) has regained momentum in Q2 2025, surpassing the $100,000 mark and approaching its all-time high of $108,786. This recovery follows a period of sell-side pressure earlier in the year, signaling renewed investor confidence.
Price Analysis
- Market expert Aksel Kibar identified a long-term breakout signal for BTC following the recent political climate in the U.S.
- BTC surpassed its previous minor high from November 2024 at $73,737, indicating potential for a parabolic run.
- A bullish cup and handle pattern has formed, suggesting a target price of around $137,000, an increase of over 33% from current levels.
Currently, BTC is priced at approximately $103,071, marking a nearly 1% rise in the last 24 hours and over 6% increase weekly.
