Bitcoin Holds Ground Despite Weekly Dip
Bitcoin has slipped more than 4% over the past week, briefly dropping below the $105,000 mark. While this short-term decline raised a few eyebrows, it hasn’t rattled those who are focused on long-term growth. In the past 24 hours, the price has lifted slightly, climbing nearly 2%, but it remains just under the key $105,000 level.
For now, Bitcoin is caught in a tight range. The recent movement has created a sense of uncertainty among short-term traders, but some market analysts say the bigger trend still looks promising.
Image 1: Bitcoin (Source: Unsplash)
Growth Without the Hype
Crypto analyst StackWisely has suggested that the broader performance of Bitcoin over the last couple of years paints a far more positive picture. According to his view, Bitcoin has gained roughly 275% in the past two years and has added about 53% over the last 12 months. He notes that this growth has happened quietly, without the frenzy often seen during major bull runs.
He believes that if Bitcoin can end 2025 at around $125,000, that would reflect a solid 32% gain for the year. More importantly, it would show a shift in the way Bitcoin moves—less about wild price swings, and more about steady progress. In his view, this could mark the end of the typical four-year boom-and-bust cycle that has shaped Bitcoin’s history so far.
StackWisely also pointed out that such consistent returns could make Bitcoin a more attractive option for institutional investors. He sees the possibility of Bitcoin maturing into an asset that delivers between 30–50% annual gains while offering protection against inflation and economic instability. If this plays out, it could eventually pave the way for Bitcoin to reach the $1 million milestone.
Market Charts Suggest Underlying Strength
From a technical point of view, some analysts have picked up on signs that the recent price dip may not be as negative as it seems. Gert van Lagen, a crypto analyst, highlighted a hidden bullish divergence pattern.
Recent chart data between May and early June shows that Bitcoin had been following an upward trendline until a recent break below it. Despite that, the latest daily candle turned green, which may indicate that a bounce is underway. The most recent close was around $105,141, and although trading volume has remained mixed, there hasn’t been a dramatic shift.
Another analyst, Carl Moon, noted that Bitcoin appears to be forming a symmetrical triangle pattern on the 1-hour timeframe. If the price breaks above $106,400, he thinks a bullish move could follow. On the other hand, if it slips under $101,750, the market might see further losses. Carl also identified support near $102,300, warning that a drop below that level could open the door to more downside.
Image 2: Bitcoin (Source: Unsplash)
Analysts Expect Bigger Moves Ahead
Despite the short-term pullback, not everyone is convinced that the uptrend has stalled. Ash Crypto, a crypto commentator, has downplayed recent concerns tied to a bearish signal on the weekly chart. He pointed out that in previous market cycles, this signal didn’t always lead to corrections. In fact, in most cases, the market continued higher.
He believes Bitcoin has not yet started its next major climb and expects a strong push toward $150,000. His longer-term charts suggest that after each halving event, Bitcoin tends to surge into new all-time highs. According to his analysis, the current phase still supports the idea of a significant move upward in the months ahead.
Parabolic pump is still pending ⏳
Bitcoin is going to $150,000 pic.twitter.com/CzmeWm0biT
— Ash Crypto (@Ashcryptoreal) June 1, 2025
Ash also pointed to a key support zone that has historically helped during market dips. This zone, often referred to by traders as the Bull Market Support Band, could act as a cushion if the price falls again. He believes this support area could be crucial in helping Bitcoin find momentum for the next leg up.
Although Bitcoin has seen a slight setback, many experienced analysts remain focused on the broader trend. While short-term trading remains unpredictable, there’s growing confidence among long-term holders that Bitcoin is evolving into a more stable and reliable investment.
