Trader Who Accurately Called Bitcoin 2025 Top Predicts More BTC Rallies if Price Stays Above Key Level – Here’s His Outlook

0 1 minute read

Analyst Predicts More Bitcoin Rallies if Key Support Level Holds

An analyst who accurately predicted Bitcoin’s 2025 top is now forecasting more rallies for the leading cryptocurrency, as long as it maintains a crucial support level.

Known as KillaXBT, the pseudonymous analyst shared with his 201,300 followers on X that Bitcoin is likely to continue its uptrend as long as it stays above April’s high of $79,505.

“From a structural perspective, there are no bearish signals at the moment. While this doesn’t necessarily make me bullish, the current price action indicates a positive outlook. We have surpassed the April high and held above the monthly open of $76,000, along with the previous range highs. Shorting now would be risky without clear structural confirmation. As long as Bitcoin remains above the April highs, the potential for further upside remains strong,” KillaXBT explained.

If Bitcoin were to drop below the April highs and display convincing bearish signals, a short setup could come into play targeting a move back to the monthly open. However, until such confirmation is evident, shorting Bitcoin at this point is speculative and risky.

Another popular pseudonymous crypto analyst, Credible Crypto, also shares a positive sentiment regarding Bitcoin’s fundamentals and anticipates a further rally in the near future.

“Bitcoin is showing strength as it continues to climb towards higher timeframe supply levels, with negative funding and a strong spot premium. This gradual uptrend appears healthy, with no clear signs of weakness that would warrant shorting the current move,” Credible Crypto stated.