Bitcoin Price Prediction: Is BTC Ready to Hit $200,000 Soon?
Bitcoin is currently trading around $103,700, recording an impressive 7% gain over the past week. After months of sideways consolidation, BTC finally broke through its major resistance at $100,000, signaling the end of its bearish phase and the start of a potential bullish super cycle.
According to leading analysts, this breakout invalidates previous bearish signals that kept the market under pressure for months. The Relative Strength Index (RSI) on the 3-day chart has printed a higher high, a classic indication that the correction phase is over, and bullish momentum is building up.
BTC/USD 1-day chart - TradingView
On the daily timeframe, things look even more promising. Bitcoin successfully closed a daily candle above the critical resistance level of $100,000, and has now firmly reclaimed the middle band of its Bollinger Bands, further confirming the bullish trend reversal.
This move is widely seen as the official start of a new uptrend, with BTC now aiming for higher levels as institutional buyers return to the market.
The key resistance levels to watch in the coming days are $110,000, $125,000, $150,000, and ultimately $200,000. If Bitcoin manages to stay above the current support zone of $100,000, the path towards a new all-time high becomes highly probable.
From a technical perspective, the market sentiment has shifted back to bullish, and if Bitcoin continues this momentum, altcoins are expected to follow with explosive gains as well.
Additionally, Bitcoin futures data shows a surge in open interest, suggesting that institutional and retail traders are positioning themselves for a major price move. While short positions are quietly building, they are being absorbed by stronger buyers, a clear sign that the bulls are back in control.
The Chaikin Money Flow (CMF) indicator also shows a return of strong capital inflows, last seen during the bull market phase in early 2025.
According to current market sentiment, the ideal buy zone for BTC is above $110,000, once the price confirms this level as a new support. Until then, cautious accumulation near current levels remains a valid strategy for long-term investors.
Bitcoin is currently trading around $103,700, recording an impressive 7% gain over the past week. After months of sideways consolidation, BTC finally broke through its major resistance at $100,000, signaling the end of its bearish phase and the start of a potential bullish super cycle.
According to leading analysts, this breakout invalidates previous bearish signals that kept the market under pressure for months. The Relative Strength Index (RSI) on the 3-day chart has printed a higher high, a classic indication that the correction phase is over, and bullish momentum is building up.
BTC/USD 1-day chart - TradingView
On the daily timeframe, things look even more promising. Bitcoin successfully closed a daily candle above the critical resistance level of $100,000, and has now firmly reclaimed the middle band of its Bollinger Bands, further confirming the bullish trend reversal.
This move is widely seen as the official start of a new uptrend, with BTC now aiming for higher levels as institutional buyers return to the market.
The key resistance levels to watch in the coming days are $110,000, $125,000, $150,000, and ultimately $200,000. If Bitcoin manages to stay above the current support zone of $100,000, the path towards a new all-time high becomes highly probable.
From a technical perspective, the market sentiment has shifted back to bullish, and if Bitcoin continues this momentum, altcoins are expected to follow with explosive gains as well.
Additionally, Bitcoin futures data shows a surge in open interest, suggesting that institutional and retail traders are positioning themselves for a major price move. While short positions are quietly building, they are being absorbed by stronger buyers, a clear sign that the bulls are back in control.
The Chaikin Money Flow (CMF) indicator also shows a return of strong capital inflows, last seen during the bull market phase in early 2025.
According to current market sentiment, the ideal buy zone for BTC is above $110,000, once the price confirms this level as a new support. Until then, cautious accumulation near current levels remains a valid strategy for long-term investors.
Edgen Launches ‘AI Super App’ for crypto market trading
Edgen released its AI ‘super app’ beta version for crypto traders, giving them AI-driven insights into the markets.
Companies are increasingly exploring AI’s potential to give crypto traders an edge. On Wednesday, May 14, Edgen released the beta version of its AI-powered “super app” to the public. According to the company, the app is an integrated platform for specialized AI agents that tap into social sentiment and on-chain data in real time.
Bad news: Markets don't care about your feelings. Good news: Edgen just launched. It doesn't have feelings either, but it's on your side. Sharp on-chain & social signals, instant clarity, and trades you can proudly brag about. Public Beta today. Free, open for all. Try now: 🧵 pic.twitter.com/aK1NXSrGtp
Edgen cofounder Sean Tao emphasizes that while the information traders need is already available, the tools currently available don’t deliver data in a format that’s optimal for decision-making. To address this, Edgen uses AI to simplify and streamline complex market data.
“Markets today don’t reward access to data — they reward the ability to reduce complexity faster than consensus. That’s what Edgen unlocks,” Sean Tao, cofounder of Edgen, Sean Tao, cofounder of Edgen stated. He added that “If Bloomberg Terminal were invented today for a generation raised on Discord, DeFi, and ChatGPT, it would look like Edgen.”
Edgen states that its tool leverages AI to process complex data and deliver actionable insights to traders, benefiting both novices and institutional investors. The company also claims that its AI agents can detect early signals, before they develop into broader trends, giving users a potential advantage.
“We built Edgen to help traders make smarter decisions, faster. It gathers insights from the entire market and from everyone, learns from them, and gives them an edge. Markets move fast. Edgen helps people move faster and smarter. When information is everywhere, what matters most is how fast you can turn it into conviction. That’s what Edgen unlocks,” Sean Tao, Edgen.
Edgen is just one of the companies working on AI agents for crypto trading. On April 29, Oasis Protocol announced a platform where AI trading bots are verified through ZK-proofs, enhancing their security.
SuperVerse البيانات الاجتماعية
في آخر 24 ساعة، درجة المعنويات على منصات التواصل الاجتماعي لعملة SuperVerse بلغت 3، وكانت المعنويات على منصات التواصل الاجتماعي تجاه توجه سعر عملة SuperVerse صعودية. كانت النتيجة الإجمالية لعملة SuperVerse على وسائل التواصل الاجتماعي 0، وجاءت في المرتبة 608 بين جميع العملات المشفرة.
وفقًا لموقع LunarCrush، في آخر 24 ساعة، بلغ إجمالي إشارات العملات المشفرة على منصات التواصل الاجتماعي 1,058,120 مرة (مرات)، مع ذكر SuperVerse بنسبة تكرار %0.01 ، فجاءت في المرتبة 141 بين جميع العملات المشفرة.
في آخر 24 ساعة، إجمالي عدد المستخدمين الفريدين الذين ناقشوا عملة SuperVerse بلغ 291، وبلغ إجمالي عدد إشارات عملة SuperVerse 101. ومع ذلك، وبالمقارنة مع الـ 24 ساعة السابقة، بلغ عدد المستخدمين الفريدين تقليل بنسبة %24 ، والعدد الإجمالي للإشارات تقليل بنسبة %8 .
وعلى تويتر، بلغ إجمالي التغريدات 0 التي تشير إلى عملة SuperVerse خلال آخر 24 ساعة. من بينها، %0 صعودية لعملة SuperVerse، و هبوطية لعملة SuperVerse، و%100 محايدة لعملة SuperVerse.
إنّ عدد المنشورات على موقع Reddit بلغ 17 والتي تُشير إلى SuperVerse خلال الـ 24 ساعة الماضية. وبالمقارنة مع الـ 24 ساعة الماضية، فإن عدد الإشارات تغيّر تقليل بنسبة %26 .
نظرة عامة على جميع مواقع التواصل الاجتماعي
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