As Bitcoin continues to capture the attention of both retail and institutional investors, the market is closely watching whether the world’s leading cryptocurrency can break through to new all-time highs in the third quarter of 2025. With volatility and leverage at the forefront, understanding the critical price zones and market sentiment is essential for anyone navigating the current crypto landscape.
Leverage Clusters and Volatility: What’s Driving the Market?
Recent data highlights significant clusters of leveraged positions around Bitcoin’s current price, creating a landscape where even minor price movements can trigger substantial liquidations. The 24-hour liquidation heatmap reveals that liquidity is concentrated just above $108,8K and below $107,1K. These levels act as pressure points:
• A decisive move above $108,8K could trigger a wave of short liquidations, potentially propelling Bitcoin to new highs.
• A drop below $107,1K would likely liquidate long positions, increasing downward pressure and possibly leading to a broader correction.
This dynamic has led to a so-called “leverage war,” with traders like Aguila Trades taking high-leverage short positions as Bitcoin dipped below $108K. If Bitcoin rebounds and surpasses $108,8K, these shorts could be wiped out, while a further decline would validate the bearish setup.
Technical Analysis: The Road to $130K
Technical analysts are eyeing a weekly close above $110K as a potential launchpad for a rally toward the Fibonacci extension level of $135,5K. This scenario echoes Bitcoin’s strong performance in late 2024, when a weekly close above $75K set the stage for a sustained uptrend.
If Bitcoin can secure a close above $107,720, analysts expect momentum to build, with $110K as the next target and $130K within reach for Q3 2025. However, failure to break above $108K could see the price retreat to the $92K–$95K range, reflecting the market’s sensitivity to key resistance and support levels.
Market Sentiment and Broader Outlook
Despite recent geopolitical tensions and sharp corrections, Bitcoin has demonstrated resilience, quickly recovering from dips below $100K and maintaining a bullish staircase pattern. This structure typically signals underlying market strength and supports the case for further gains if resistance levels are breached.
External forecasts reinforce this outlook. AI models and industry analysts project a moderate scenario with Bitcoin trading between $100K and $130K in 2025, with some even suggesting targets as high as $200K by year-end, depending on macroeconomic factors and continued institutional adoption .
What to Watch Next
For traders and investors, the coming weeks will be pivotal.
• A weekly close above $110K could ignite a new phase of bullish momentum.
• Failure to hold above $107K may lead to consolidation or a deeper correction.
As always, closely monitoring liquidity pools, leverage ratios, and key technical levels will be crucial for navigating the next chapter in Bitcoin’s price journey.
