Here’s Bitcoin’s next target as BTC completes bullish cross 

Here’s Bitcoin’s next target as BTC completes bullish cross  Here’s Bitcoin’s next target as BTC completes bullish cross Paul L. Cryptocurrency May 26, 2025

Bitcoin (BTC) has rebounded over the past 24 hours, nearing the $110,000 mark, and a trading expert’s analysis suggests the asset may be targeting new highs based on its technical setup.

According to a May 25 TradingView post by prominent analyst TradingShot, BTC has been steadily climbing within a well-defined six-week channel up formation, signaling possible growth. 

Despite a brief pullback triggered by tariff-related macroeconomic concerns, the cryptocurrency has bounced back, potentially setting the stage for another bullish leg.

Bitcoin price analysis. Source: TradingView

The recent retracement found support at the four-hour 50-period moving average (MA) and stayed within the channel. The four-hour 100-period MA also remained intact as a key support level, which TradingShot views as crucial for maintaining the uptrend.

Bitcoin’s next high target 

A notable technical signal is the recent bullish MACD cross on the four-hour chart, a historically reliable buy indicator in this trend. Previous MACD crosses within this channel have preceded gains of 11.41% to 15.91%; each marking renewed buying momentum.

Using the lowest historical return as a benchmark, an 11.41% increase from current levels would put Bitcoin’s next target around $119,000. This aligns with the channel’s upper boundary and supports TradingShot’s broader forecast that BTC could reach $200,000 between October and December 2025.

Separately, analyst Gert van Lagen noted in a May 26 X post that Bitcoin’s weekly chart shows continued strength, well above bear market territory.

Bitcoin price analysis. Source: TradingView

Historically, this timeframe often sees a bearish divergence, with the price making higher highs. In comparison, the RSI makes lower highs. This is followed by a hidden bullish divergence, with higher lows in price and lower lows in the relative strength index (RSI).

Lagen pointed to 2022 as a rare exception when hidden bullish divergence failed due to price and RSI slipping into bear market territory. That’s not the case now: current price action remains strong, and RSI is comfortably above warning levels.

Bitcoin price analysis

As of press time, Bitcoin was trading at $109,735, up 2.3% in the past 24 hours and 1.4% over the past week.

Bitcoin seven-day price chart. Source: Finbold

Bitcoin’s technical setup suggests further upside. The 50-day and 200-day simple moving averages (SMAs) are significantly lower, at $95,244 and $86,640, respectively, indicating strong upward momentum. 

However, a short-term pullback or consolidation may be likely, as the 14-day RSI is nearing overbought territory at 65.

Featured image via Shutterstock

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Updated: 05/26/2025 — 11:00 AM

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