Bitcoin Traders Eye $130K+ as Bull Market Gathers Strength in 2025

Bitcoin (BTC) has continued its upward momentum into the new year, with traders increasingly confident that a new bull market — and potential all-time highs — is just around the corner. As the price hovers around $95,000 ahead of the first Wall Street open of 2025, many traders believe that a surge toward $130,000 or even higher is "inevitable."

The Case for a $130,000 Bitcoin

Market metrics are beginning to favor the bulls, as increased volume at range lows suggests a breakout could be imminent. Popular trader Daan Crypto Trades recently advised followers to closely monitor any breakouts from the current range, which could provide crucial insight into Bitcoin’s short-term direction.

"This range breaking out to either side will give us a good idea of where this moves over the next 1-2 weeks," Daan Crypto Trades said on social media.

Another trader, Jelle, drew comparisons between Bitcoin's current price action and a similar pattern from last year. He referenced a chart fractal that ultimately resolved to the upside, suggesting that a rally is imminent.

"The similarities are there, with or without another sweep of the lows," Jelle remarked. "Comfy in spot, the next leg higher is right around the corner."

Strength Despite the Lull

Bitcoin demonstrated strength early in the week, as the long-anticipated deeper support retest failed to materialize. According to Daan Crypto Trades, the market has already swept both sides for liquidity, further suggesting that a breakout could be on the horizon.

“The mid-range at $95.8K has been acting as resistance on the most recent test,” he noted in a recent post.

Jelle predicts that once Bitcoin breaks through its current resistance levels, the price could surge between $130,000 and $150,000, a scenario that many traders are eagerly anticipating.

Jason Williams' Bullish Outlook

Entrepreneur and investor Jason Williams is among the optimists, predicting that Bitcoin will achieve a new all-time high by Q1 2025. Williams has been vocal about his belief that Bitcoin has re-entered an accumulation phase, which could set the stage for a massive price breakout in the coming weeks.

"In my view, a few weeks of consolidation could set the stage for a massive breakout. $131.5K+ by Q1 2025 feels inevitable. See you there,” Williams said on social media, sharing a chart that compared December's price action to similar periods following old all-time highs.

TradFi's Return and Risk-On Sentiment

The optimism surrounding Bitcoin is also bolstered by the return of traditional finance (TradFi) traders, who are expected to bring fresh liquidity into the market. Cole Kennelly, the founder of crypto volatility index service Volmex, predicted a broader bullish comeback for risk assets, including cryptocurrencies.

"I think the market goes full risk-on, and a lot of money piles into crypto now that end-of-year logistics and rebalancing are over," Kennelly said. “Should be a big next two days."

The second half of December saw some market volatility, particularly due to the US Federal Reserve's hawkish stance on interest rates. However, with the start of 2025 and the completion of year-end rebalancing, many traders believe that Bitcoin and other cryptocurrencies are poised for a strong rally.

Bitcoin's Bullish Prospects in 2025

As Bitcoin continues to consolidate, traders are keeping a close eye on key resistance levels, with many believing that the next leg higher is imminent. Whether it's reaching $130,000 or surpassing previous all-time highs, the return of TradFi liquidity and the growing optimism in the crypto space make the next few weeks critical for Bitcoin's price trajectory.

For now, Bitcoin traders remain upbeat, with some even forecasting a surge to new heights in the near future. As 2025 unfolds, it’s clear that Bitcoin’s bull market is gaining momentum, with new records potentially just around the corner.