Analysts Say $95K Is the Threshold for Bitcoin’s Next Major Move

By: crypto economy|2025/05/08 00:15:01

TL;DRBitcoin needs to stay above $95,000 to have a real shot at retesting its all-time high of $109,000.If the price falls below that level, it could trigger a deeper short-term correction.This week’s Federal Reserve decisions and the market’s positive sentiment could decisively influence Bitcoin’s direction.In recent hours, Bitcoin has been flirting with a crucial level: $95,000. According to a Bitfinex report published on May 6, holding this threshold is essential for the leading cryptocurrency to get back on a bullish track and attempt to retest its all-time high of $109,000, reached in January this year, just before President Donald Trump’s inauguration. Currently, Bitcoin is trading around $96,730, showing a 3.03% increase over the past 24 hours, according to CoinMarketCap data. Additionally, many traders are adjusting their strategies, fearing they could get caught in losing positions, which is creating an atmosphere of high anticipation in the market. The increasing pressure is attracting more attention from institutional investors and retail traders alike.The $95,000 Level As A Breaking PointBitfinex analysts highlight that the $95,000 mark acts as a structural pivot: staying above this level signals a clear return to bullish territory, while falling below could turn it into new resistance, leading to rejections and pushing the price down toward lower support zones. Moreover, crypto analyst Thomas Fahrer commented that if Bitcoin hits $98,000, over $400 million in short positions could be liquidated, adding fuel to a potential explosive rally. This scenario could surprise even experienced market participants, triggering a wave of unexpected upward movement.External Factors And Market OptimismA key element this week will be the Federal Reserve’s interest rate decision, scheduled for May 7. While the market does not expect immediate cuts, the Fed’s announcements have historically triggered volatility in the crypto market. At the same time, sentiment indicators like the “Crypto Fear & Greed Index” have jumped eight points in the past 24 hours, reaching 67 and showing a clear dominance of optimism (greed) in the market.For pro-crypto enthusiasts, the outlook appears promising: experts like Jamie Coutts from “Real Vision” and Cory Klippsten from “Swan Bitcoin” have pointed out that June could be the month when Bitcoin breaks its previous records. Although historically June has shown a slightly negative average performance, the current combination of factors and the growing maturity of the crypto ecosystem open the door for Bitcoin to defy statistics and break historical barriers.

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...

Dan Bin takes action, building a position in Circle

If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.

The Impossible Triangle of DeFi Lending

Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.