Bitcoin Nears All-Time Highs: What’s the Plan?

By: coindoo|2025/05/12 23:00:13
0
Share
copy
The recent surge above $100,000 has traders and analysts asking the big question: what’s next for Bitcoin?Trade Deals and Futures Fueling the RallyOne of the major forces behind Bitcoin’s recent rise is the renewed trade agreement between the US and China. The easing of geopolitical tensions and expansion of economic cooperation have bolstered investor confidence, especially in risk assets like Bitcoin. As institutional futures markets digest this news, the result has been greater stability and liquidity—consolidating Bitcoin’s position above key support zones.Bulls in ControlThe bulls have made a powerful statement. Breaking through the psychological barrier of $100,000, Bitcoin has now settled into a crucial range between $104,000 and $106,000. This consolidation zone is not just another checkpoint—it’s a potential launchpad. Analysts suggest that as long as this range holds, the path to a new all-time high is clear.According to Swissblock Technologies, this zone acts as a “staging ground”—a region where price compresses before breakout. With both on-chain and trading volumes clustering in this area, the market appears to be building energy for the next move.Inflation Data in FocusAnother key catalyst to watch this week is inflation data. Scheduled economic reports could either validate the current rally or trigger a temporary correction. If the data shows signs of cooling inflation, it may strengthen the case for risk assets and push Bitcoin toward price discovery.Conversely, hotter-than-expected inflation might trigger a wave of caution—but with bulls already in “full control,” such corrections are expected to be shallow and quickly absorbed by eager buyers. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: U.S. and China Officially Slash Tariffs for 90 Days — What It Means for Crypto The Technical OutlookSwissblock’s chart shows a clear picture: after a volatile Q1 marked by a dip toward $75,000 in March, Bitcoin has rebounded sharply. The current consolidation around $104K–$106K resembles earlier patterns that preceded major moves.Their note on the chart emphasizes: “No straight lines—expect compression before breakout.” This implies that while a brief sideways phase may continue, the longer-term trajectory remains upward if key levels are defended.Conclusion: Ready for Takeoff?With trade developments, strong bullish momentum, and InflationAn economic concept referring to the rise in prices of goods and services, leading to a decrease in the purchasing power of fiat currency." >inflation data all converging, the coming days could define Bitcoin’s next big move. If $104K–$106K continues to hold, the all-time high could fall—and a new chapter for Bitcoin could begin.The post Bitcoin Nears All-Time Highs: What’s the Plan? appeared first on Coindoo.

-- Price

--

You may also like

Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale

FC Barcelona are champions! After beating Real Madrid to clinch the 2025-26 LALIGA title, Barça return home to face Real Betis on May 17. A victory party at Spotify Camp Nou awaits. Full preview inside.

Best Oil Trading Platform for Crypto Users in 2026

Looking for the best oil trading platform for crypto users? Trade crude oil, gold, forex, and US stock futures directly with USDT on WEEX TradFi with 0% trading fees and no broker account required.

5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns

Most futures traders focus on entries and exits but ignore the fees quietly killing profits. Learn 5 futures trading strategies to cut costs and improve returns in 2026.

What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets

What is TradFi in crypto? Learn how crypto traders can now trade crude oil, gold, stocks, and global markets directly with USDT on WEEX TradFi with 0 fee trading and a $150,000 bonus pool.

How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App

WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.

FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?

FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com