{"id":29649,"date":"2025-06-01T11:16:41","date_gmt":"2025-06-01T11:16:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29649"},"modified":"2025-06-01T11:16:41","modified_gmt":"2025-06-01T11:16:41","slug":"bitcoin-to-150k-or-back-to-92k-traders-divided-as-market-cools-off","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29649","title":{"rendered":"Bitcoin to $150K or Back to $92K? Traders Divided as Market Cools Off"},"content":{"rendered":"
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Bitcoin (BTC) smashed a fresh all-time high (ATH) of $111,814 on May 22, but the party may be over, at least for now.<\/p>\n

After rallying by more than $15,000 over the month, the king crypto has shed $9,000 in the last week alone, slipping<\/a> to the $103,000 level, putting traders on edge and sparking new debate: Is this a healthy cooldown or the start of a deeper plunge?<\/p>\n

Technical Red Flags Flashing<\/h2>\n

Volatility is back with a vengeance. In the last 24 hours, BTC has swung between $103,300 and $105,000, reflecting growing market uncertainty. Zooming out, it\u2019s still up 9.1% in the last 30 days and 52.1% over the past year, but the momentum seems to be fading.<\/p>\n

According to data shared<\/a> by analyst Axel Adler Jr., Bitcoin just triggered four consecutive sell signals on CryptoQuant\u2019s Net UTXO Supply ratio. \u201cThis is a typical pattern for an overheated market phase, where profit-taking occurs and demand begins to lag supply,\u201d he warned, highlighting the red flag that often comes before short-term tops.<\/p>\n

Further, the market watcher pointed to two possible scenarios for the asset: a sideways purgatory, with BTC drifting sideways between $95,000 and $105,000 for weeks, or a mid pullback that could see it plunge toward $92,000 in a bid to \u201crelieve overbought conditions.\u201d<\/p>\n

Betting Big on Bitcoin<\/h2>\n

However, others are more optimistic, or delusional, depending on who you ask. According to BetIdeas in an email to CryptoPotato<\/em>, there\u2019s an 80% chance of BTC hitting $120,000 in 2025, and a 40% shot at $150,000.<\/p>\n

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\u201cThe volatile nature of crypto is what will always grab the headlines but with the upwards trend in May with Bitcoin being increasingly positive, it looks as though a big run for Bitcoin holders is coming,\u201d wrote spokesman Steve McQuillan.<\/p>\n<\/blockquote>\n

He stated that traders on the platform had placed a 22% chance on a run toward $200,000 before the end of the year.<\/p>\n

Meanwhile, popular analyst Daan Crypto Trades has pointed<\/a> to the zone between $97,000 and $99,000 as a key level to watch for a potential bounce, citing Fibonacci retracement levels and the 200-day moving average.<\/p>\n

Elsewhere, Micha\u00ebl van de Poppe doesn\u2019t seem too fazed by the current goings on in the market, terming it \u201cconsolidation and correction,\u201d which, in his opinion<\/a>, is \u201cvery healthy and normal.\u201d<\/p>\n

The post Bitcoin to $150K or Back to $92K? Traders Divided as Market Cools Off<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) smashed a fresh all-time high (ATH) of $111,814 on May 22, but the party may be over, at least for now. After rallying by more than $15,000 over the month, the king crypto has shed $9,000 in the last week alone, slipping to the $103,000 level, putting traders on edge and sparking new […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29649","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29649"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29649\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}