Technical analysis reveals strong Bitcoin accumulation signals as the market consolidates between the $102,000 to $112,000 price range. On-Balance Volume (OBV), a key indicator tracking trading flow, continues trending upward while prices remain rangebound—suggesting substantial institutional buying and setting the stage for a significant rally.
Historical precedent strengthens the bullish case, with a similar early-2025 OBV divergence preceding Bitcoin’s 57%57% price surge. Current technical formations support this outlook, as Bitcoin’s price action displays a classic bull flag pattern. If resistance levels are breached, this pattern projects a technical target of $130,000$130,000 to $135,000$135,000 for Q3 2025.
Notably, institutional voices align with technical forecasts. Analysts including Mike Novogratz and Stockmoney Lizards anticipate price targets between $130,000$130,000 and $200,000$200,000 through late 2025, driven by macroeconomic tailwinds and structural demand. This convergence of rising OBV, bullish technical formations, and institutional conviction underscores Bitcoin’s constructive medium-term trajectory.