Bitcoin May Test $99,000 Before a Major Surge

1. Forecast: Will Bitcoin Test the $99,000 Zone?

According to Markus Thielen, Head of Research at 10x Research, Bitcoin is likely to retest the $99,000 level in Q3 2025. This key price area serves as a “psychological checkpoint” before the market potentially enters a major bullish phase.

“Current technical patterns suggest Bitcoin may revisit $99K, then experience a mild correction before continuing its larger uptrend,” Thielen shared.

2. ETFs and Institutional Inflows Drive Momentum

Capital inflows from spot Bitcoin ETFs in the U.S. are playing a crucial role in leading the market. Since the beginning of the year, funds like BlackRock and Fidelity have attracted billions of dollars into Bitcoin, establishing a strong and sustainable demand base.

   • ETFs have accumulated over 800,000 BTC by mid-2025

   • Institutional FOMO is rising, especially as U.S. interest rates begin to fall

3. Technical Analysis: Accumulation Pattern Nearing Completion

BTC price charts show a large triangle accumulation pattern forming. If the price breaks above the $100,000 resistance level with strong volume, it could confirm a bullish breakout targeting the $120,000–140,000 range.

4. Bitcoin in Late 2025: New ATH Possible?

Some bullish analysts predict that Bitcoin could set a new all-time high (ATH) by the end of 2025, driven by several macro and market factors:

   • Falling interest rates → capital flows into risk assets

   • Looser monetary policies

   • Market sentiment recovery after geopolitical instability

   • Bitcoin halving in April 2024 beginning to show effects