Analyst Says $110K Is Bitcoin’s New Bottom, Sees Path Toward $150K
Contents
Toggle- Quick Breakdown
- Bitcoin analyst says $110 $110K is the new price floor
- Bitcoin market cap strengthens at $2 trillion level
- Analysts eye $150K as next logical target
Quick Breakdown
- Analyst James Check says Bitcoin’s new floor is firmly set at $110,000.
- Market data shows strong investor positioning above $95,000.
- Analysts foresee Bitcoin advancing toward the $150,000 mark soon.
Bitcoin analyst says $110 $110K is the new price floor
Bitcoin investors may need to raise their expectations for 2025, as on-chain analyst James Check argues that $110,000 has become Bitcoin’s new bottom, suggesting the leading cryptocurrency is now entering a higher trading range.
In a recent YouTube interview , Check noted that Bitcoin’s structure shows strong support above $110,000, describing it as a major validation point. “You can kind of start lifting some of your targets and say, well, because we’ve proven 110, that’s the floor—where do we go from here?” he said.
Bitcoin market cap strengthens at $2 trillion level
Check emphasized Bitcoin’s expanding market base, now valued around $2.42 trillion. “We proved a trillion in 2024, we’ve proved two trillion in 2025,” he said. “Now the question is how many trillions.”
According to Check, the data shows that over 60% of all invested dollars are positioned above $95,000, signaling that holders are unlikely to sell below that price point. “That’s more of a floor than it is a ceiling,” he explained.
Analysts eye $150K as next logical target
Given Bitcoin’s current setup, Check believes the “most logical move” is toward $150,000, equivalent to a $3 trillion market capitalization. He described it as a “binary setup” where the bulls remain in clear control.
Check added that there’s “no excuse” for the market to fall back to $95,000. “We’ve proven that we want higher. The bulls are in control,” he said.
Bitcoin was trading at $121,392 at the time of writing, marking a 0.8% weekly increase, according to CoinMarketCap. A rise to $150,000 would represent a 23.5% gain from current levels.
His outlook aligns with Galaxy Digital’s Alex Thorn, who forecasted a potential climb to $150,000–$185,000 in 2025, and BitMEX co-founder Arthur Hayes and Fundstrat’s Tom Lee, predict Bitcoin could hit $250,000 within the same timeframe, driven by factors like institutional adoption and crypto market maturation.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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