Bitcoin Surpasses 97,000 USD: What Will Happen Next?

Bitcoin has reached a new high of $97,000, continuing its strong bullish momentum. Currently, Bitcoin is trading below $97,000. Recently, the price has broken through the $96,000 level and is showing bullish signs on the daily chart and weekly chart. Some price pullbacks are still expected, but the overall trend remains bullish. Analysts are currently closely monitoring the next major price levels as this bullish trend could drive the entire cryptocurrency market higher. In Q2 2025, Bitcoin is showing strong bullish indicators. Recently, it has crossed the 200-day moving average and is building strong support levels. Additional support levels at $95.797 and $96.441 are also being monitored as part of the broader bullish structure. According to an analyst, a sustained drop below $95.280 could signal the early stage of a larger correction, but as of now, Bitcoin remains solid above that threshold. If buying pressure continues, the short-term upward targets include $97,325, $98,745, and the psychological level of $100,000. These levels represent potential resistance areas based on recent price momentum. The larger trend remains constructive, with buyers aiming to continue the bullish trend towards the range of $115,000–$120,000 by the end of this cycle—provided that the current support levels hold. Market Outlook: Will there be further growth? The strong bullish trend of Bitcoin could push other cryptocurrencies like Ethereum, XRP, and Solana even higher. This pattern, seen in previous bullish markets, often starts with Bitcoin leading, followed by altcoins accelerating as investor money spreads across the market. Although a pullback is expected — as prices never rise in a straight line — many experts believe that the market is preparing for another major bullish run. The key support level to watch is $95,280. As long as Bitcoin remains above this level, there is still a chance for further bullish momentum.