Three prominent crypto analysts are eyeing Bitcoin’s next major milestone as the leading cryptocurrency consolidates near $105,000. Scott Melker, Peter Chung, and the mysterious X analytics account Apsk32 have all thrown their weight behind predictions ranging from $210,000 to a jaw-dropping $250,000 by year’s end. Not bad for an asset that was trading at $3,000 just a few years ago.
Top crypto experts predict Bitcoin surge to $250K, marking an incredible journey from its humble $3K beginnings.
The flagship cryptocurrency has been displaying remarkable strength above the psychological $100,000 mark, with technical indicators suggesting this isn’t just another fleeting rally. May 19 forecasts point to $105,148, while momentum indicators remain decidedly bullish. As a large-cap cryptocurrency, Bitcoin offers investors greater stability and liquidity compared to smaller digital assets.
Bitcoin’s been here before though – building bases, teasing breakouts, making traders sweat. Institutional money is flooding in through ETFs, and the smart money seems convinced this run has legs. The small whale population controls approximately 92% of all Bitcoin, giving them significant influence over price movements. The current trading range between $105,000 and $108,000 has become a battleground for bulls and bears. If Bitcoin manages to punch through $110,000, analysts say $115,000 could come quickly. But let’s not get ahead of ourselves.
Monthly forecasts paint an interesting picture for the rest of 2025. June could see prices average around $115,814, before a potential summer cooldown brings things back to Earth. August predictions hover around $92,383 – a reminder that Bitcoin’s path is rarely a straight line up.
The Federal Reserve’s upcoming policy decisions loom large over the market, while declining volatility has helped attract institutional players looking to hedge against macro risks. Strong support has formed between $92,000 and $94,000, giving traders some comfort about downside protection.
For now, Bitcoin sits pretty at $105,000, consolidating gains and building energy for its next move. Whether it reaches the ambitious targets set by analysts remains to be seen. But one thing’s certain – the market’s come a long way from debating whether Bitcoin would ever break $100,000. Those days are firmly in the rearview mirror.