Bitcoin Tests New Heights: Analysis of Market Dynamics and Predictions

Key Points

1. Bitcoin tested the $110,000 resistance mark in early Q3 2025, with analysts predicting a potential rise to $120,000 or a pullback to $88,000 depending on market dynamics.

2. Standard Chartered forecasts Bitcoin could peak at $120,000 between August and September 2025.

3. The $100,000 level is critical for Bitcoin; sustaining above it could fuel a bullish scenario, while a drop may activate buyers around $88,000.

4. Altcoin Season Index stands at 23, indicating low investor interest, but the total value locked (TVL) in DeFi is nearing $115 billion, suggesting potential for growth.

5. Ethereum is trading around $2,500, with hopes for an altcoin rally despite Bitcoin's market dominance.