{"id":24797,"date":"2025-06-19T20:41:01","date_gmt":"2025-06-19T17:41:01","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-indicator-suggests-potential-surge-to-130000\/"},"modified":"2025-06-19T20:41:01","modified_gmt":"2025-06-19T17:41:01","slug":"bitcoin-indicator-suggests-potential-surge-to-130000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-indicator-suggests-potential-surge-to-130000\/","title":{"rendered":"Bitcoin Indicator Suggests Potential Surge to $130,000"},"content":{"rendered":"<p>Despite the consolidation of the leading cryptocurrency, its on-balance volume indicator (<a href=\"https:\/\/ru.tradingview.com\/ideas\/onbalancevolume\/\">OBV<\/a>) suggests a rise to $130,000-$135,000 in the third quarter. Analyst Cas Abbe <a href=\"https:\/\/x.com\/cas_abbe\/status\/1935272984362762685\">highlighted<\/a> this potential.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"959\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Gtt4hAoXoAAHDdb-1024x959.jpg\" alt=\"Gtt4hAoXoAAHDdb\" class=\"wp-image-260723\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Gtt4hAoXoAAHDdb-1024x959.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Gtt4hAoXoAAHDdb-300x281.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Gtt4hAoXoAAHDdb-768x719.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Gtt4hAoXoAAHDdb.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: X.<\/figcaption><\/figure>\n<p>An increase in OBV indicates buyer pressure, while a decrease suggests seller dominance. If the indicator continues to rise, Bitcoin will break out of the $103,000-$111,000 range it has been in since May, the expert noted.<\/p>\n<p>Historical price dynamics show that Bitcoin tends to make sharp breakthroughs when OBV growth confirms underlying buyer pressure during stagnation.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"453\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-06-19_19-25-20-1024x453.png\" alt=\"BTCUSDT_2025-06-19_19-25-20\" class=\"wp-image-260724\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-06-19_19-25-20-1024x453.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-06-19_19-25-20-300x133.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-06-19_19-25-20-768x340.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/BTCUSDT_2025-06-19_19-25-20.png 1355w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Daily BTC\/USDT chart on Binance and OBV. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/XQSQJA42\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>From March to April, digital gold traded sideways between $76,000 and $84,000 as OBV began forming higher lows. This was followed by a rally of nearly 60%, with the asset&#8217;s price exceeding $110,000 by May.<\/p>\n<p>Meanwhile, a user named Bobby A noted the formation of a &#8220;bull flag&#8221; pattern on Bitcoin&#8217;s weekly chart.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> is bullishly consolidating below an enormous level of converging resistance amid a highly fearful market while developing a weekly bull flag. Once it breaks free from this supply zone, it will no longer have any obstacles standing in its way from its 2021 cycle. Expansion \u2692\ufe0f <a href=\"https:\/\/t.co\/rH9slzz9sU\">pic.twitter.com\/rH9slzz9sU<\/a><\/p>\n<p>\u2014 Bobby A (@Bobby_1111888) <a href=\"https:\/\/twitter.com\/Bobby_1111888\/status\/1935465213186408919?ref_src=twsrc%5Etfw\">June 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The pattern suggests a potential rapid rise followed by consolidation.<\/p>\n<p>In the short-term context, analyst and MN Trading founder Micha\u00ebl van de Poppe suggested testing $106,000 and further growth, as the market has moved past the <a href=\"https:\/\/u1f987.com\/en\/news\/federal-reserve-maintains-key-rate-as-bitcoin-shows-tepid-response\">June meeting<\/a> of the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span> and returned to &#8220;normal trading.&#8221; <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">FOMC show is over, which was a nothing burger, means that we&#8217;re back into the normal trading game for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>.<\/p>\n<p>I suppose we&#8217;ll see a test of $106K and breakout north in the coming days. <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&#038;ref_src=twsrc%5Etfw\">#Altcoins<\/a> are, again, outperforming. <a href=\"https:\/\/t.co\/xdY16BxA9Z\">pic.twitter.com\/xdY16BxA9Z<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1935636347416461644?ref_src=twsrc%5Etfw\">June 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Binance founder Changpeng Zhao, the price of digital gold could reach<a href=\"https:\/\/u1f987.com\/en\/news\/binance-founder-changpeng-zhao-predicts-bitcoin-surge-to-1-million\"> $500,000 and even $1 million<\/a> in the current cycle.<\/p>\n<p>Earlier, Standard Chartered urged buying the leading cryptocurrency and forecasted its price to rise<a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-urges-bitcoin-investment\"> to $120,000<\/a> in the fourth quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the consolidation of the leading cryptocurrency, its on-balance volume indicator (OBV) suggests a rise to $130,000-$135,000 in the third quarter. Analyst Cas Abbe highlighted this potential. Source: X. An increase in OBV indicates buyer pressure, while a decrease suggests seller dominance. If the indicator continues to rise, Bitcoin will break out of the $103,000-$111,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145,1253],"class_list":["post-24797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/24797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=24797"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/24797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/24796"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=24797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=24797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=24797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}