BTC Price Prediction: Bitcoin Eyes $105,000 Retest Before Potential Rally to $120,000
James Ding Aug 31, 2025 00:06
BTC price prediction points to short-term weakness toward $105,000 support, but technical setup suggests recovery potential to $120,000 by October 2025.
Bitcoin's current technical structure presents a compelling case for near-term weakness followed by a potential reversal. With BTC trading at $108,806 and showing bearish momentum signals, our Bitcoin forecast anticipates a test of critical support levels before the next major move unfolds.
BTC Price Prediction Summary
• BTC short-term target (1 week): $105,000-$107,350 (-3.5% to -1.3%)
• Bitcoin medium-term forecast (1 month): $105,000-$120,000 range
• Key level to break for bullish continuation: $114,365 (SMA 20)
• Critical support if bearish: $105,000 psychological level
Recent Bitcoin Price Predictions from Analysts
The analyst community shows divergent views on Bitcoin's immediate trajectory. U.Today's recent BTC price prediction aligns with our technical assessment, targeting $105,000 if Bitcoin breaks below the crucial $109,823 support level. This bearish scenario finds technical confirmation in the current momentum indicators.
Contrasting sharply, Eric Trump's bullish long-term Bitcoin forecast of $1,000,000 represents the maximalist perspective, though this target lacks immediate technical relevance. Finbold's AI prediction model suggests $108,417 as a near-term target, representing modest downside from current levels.
The consensus emerges around short-term weakness, with most predictions pointing to the $105,000-$108,417 range as the next significant area of interest.
BTC Technical Analysis: Setting Up for Corrective Move
Bitcoin's technical indicators paint a picture of mounting selling pressure beneath the surface strength. The RSI reading of 38.72 sits in neutral territory but trends lower, suggesting momentum continues to deteriorate without reaching oversold extremes.
The MACD histogram at -704.4578 confirms bearish momentum acceleration, while the negative MACD reading of -1879.46 indicates the short-term trend has shifted decisively bearish. This momentum divergence occurred while Bitcoin remained relatively elevated, creating the technical setup for our BTC price prediction.
Bitcoin's position within the Bollinger Bands reveals significant stress, with the %B reading of 0.15 placing BTC near the lower band at $106,506. This proximity to support suggests volatility expansion is likely, with the Average True Range of $2,961 indicating substantial daily price swings remain probable.
Volume analysis shows healthy participation at $1.16 billion over 24 hours, suggesting institutional involvement remains strong despite the technical deterioration.
Bitcoin Price Targets: Bull and Bear Scenarios
Bullish Case for BTC
Our bullish BTC price target centers on $120,000 as the primary objective, representing the midpoint between current levels and the 52-week high of $123,306. This Bitcoin technical analysis scenario requires BTC to reclaim the SMA 20 at $114,365, which would signal the end of the current corrective phase.
The bullish case strengthens significantly above $116,133 (SMA 50), where algorithmic buying typically accelerates. A decisive break above this level would target the previous high area near $122,000-$124,474, representing 12-14% upside potential.
Volume expansion above 1.5 billion daily would confirm institutional accumulation and support the bullish Bitcoin forecast.
Bearish Risk for Bitcoin
The primary risk scenario targets $105,000 as outlined in recent analyst predictions. This level represents both psychological support and the approximate 50% retracement from the July lows to recent highs.
A break below $105,000 would trigger algorithmic stop-losses and potentially accelerate selling toward $101,252 (SMA 200). This bearish BTC price prediction carries a 20% probability based on current momentum readings.
The most concerning scenario involves a breakdown below $100,000, which would likely trigger a deeper correction toward $95,000-$97,000.
Should You Buy BTC Now? Entry Strategy
Current technical conditions suggest patience rather than aggressive accumulation. The optimal buy or sell BTC strategy involves waiting for clearer signals at key support levels.
Conservative Entry Points: - Primary: $105,000-$106,500 zone (confluence of technical support) - Aggressive: $107,350 (24-hour low retest)
Risk Management: - Stop-loss: $103,000 (tight) or $100,000 (loose) - Position sizing: 25-50% of intended allocation initially - Scale-in approach: Add positions every $2,000 decline below $105,000
Bullish Entry Signal: Above $114,365 with volume confirmation
BTC Price Prediction Conclusion
Our Bitcoin forecast anticipates a corrective move toward $105,000-$107,350 over the next 7-10 days, followed by potential recovery toward $120,000 by October 2025. This BTC price prediction carries medium confidence based on the confluence of technical indicators and analyst sentiment.
Key indicators to monitor: - RSI approaching oversold levels below 30 - MACD histogram showing positive divergence - Volume spikes above 2 billion during any bounce attempts
Timeline: The corrective phase should complete within two weeks, with the subsequent rally potentially extending through September into early October. This Bitcoin technical analysis framework provides the foundation for positioning ahead of the next major directional move in BTC.
The current setup favors patient accumulation near support levels rather than chasing the current price, making this an opportune time for strategic Bitcoin positioning.
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