{"id":6166,"date":"2025-05-12T15:01:03","date_gmt":"2025-05-12T14:01:03","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=6166"},"modified":"2025-05-12T15:01:04","modified_gmt":"2025-05-12T14:01:04","slug":"bitcoin-btc-key-factor-110k-price-prediction","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-btc-key-factor-110k-price-prediction\/","title":{"rendered":"The Catalyst That Could Push Bitcoin to $110K This Week"},"content":{"rendered":"\n

Technical Indicators on Fire for Bitcoin<\/strong><\/h2>\n\n\n\n

After a brief consolidation phase, the Bitcoin price movement<\/strong><\/a> has regained strong bullish momentum<\/strong>. A clear breakout has pushed the asset beyond its short and long-term moving averages, a major technical signal<\/a>. Crossing these key thresholds indicates an increasing dominance of buyers<\/strong>, historically consistent with intermediate upward trends.<\/p>\n\n\n

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\"bitcoin<\/figure>\n<\/div>\n\n\n

The Relative Strength Index (RSI) is currently just below the 70 threshold<\/strong>, signaling that the pace of the rise could cool off a bit. However, a new breakthrough of this level could reignite investor appetite<\/strong>. Conversely, a drop below 60 could bring selling pressure.<\/p>\n\n\n\n

The critical support is around $102,000<\/strong>, where the 21-period moving average meets the previous consolidation zone. Breaking below this level could trigger a correction towards the symbolic $100,000 mark<\/strong>. However, resistance around $105,000<\/strong> is currently limiting further gains. If this resistance is overcome, BTC could then target $107,500 and possibly $110,000<\/strong>.<\/p>\n\n\n\n

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Buy your BTC on Bitget and get $10 after your first purchase<\/a><\/div>\n<\/div>\n\n\n\n

Massive Inflows Support Bitcoin’s Rise<\/strong><\/h2>\n\n\n\n

The Chaikin Money Flow indicator shows a positive bias, revealing continuous capital inflows into Bitcoin<\/a>. Although this flow is not extremely high, its position confirms the underlying bullish interest in the asset<\/strong>.<\/p>\n\n\n\n

The bullish crossover of the short-term moving average above the long-term one is a crucial technical signal. Historically, this type of setup coincides with intermediate upward trends. In summary, technical indicators and capital flow suggest that Bitcoin is gearing up for a new strong bullish push<\/strong>. If the $105,000 ceiling is breached, an acceleration towards $110,000<\/strong> could very well occur in the coming weeks.<\/p>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n