5 BITCOIN CHARTS PREDICTING BTC PRICE RALLY TOWARD $100K BY MAY

Last updated: June 19, 2025, 20:42 | Written by: Linda Xie

Is Bitcoin on the cusp of a monumental surge?All eyes are on the cryptocurrency market as Bitcoin (BTC) flashes compelling technical and on-chain signals, hinting at a potential price rally towards the coveted $100,000 mark by May. Bitcoin has broken key resistance levels with bullish on-chain indicators, positioning it to potentially hit $100,000 soon. Technical patterns like double bottom and falling wedge breakouts suggest strong momentum and higher targets above $100K.This ambitious target isn't just wishful thinking; it's fueled by a confluence of factors, including bullish chart patterns, robust on-chain data, and surging market confidence.The recent climb above $95,000 has further solidified this optimistic outlook, attracting both seasoned investors and newcomers eager to capitalize on the potential upside.We'll delve into five pivotal Bitcoin charts that paint a compelling picture of this near-term breakout, exploring the underlying dynamics that could propel BTC to new heights. Key Takeaways:BTC liquidation levels, onchain data, and chart setups converge at the $100K target. Profitability has surged, suggesting a rebound in market confidence. BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May source:The analysis considers everything from double bottom formations and bull pennants to liquidation levels and profitability surges, offering a comprehensive perspective on the factors driving this potential bull run. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout.But, will Bitcoin truly reach the $100,000 milestone, and what are the key levels to watch? Multiple technical, onchain, and derivatives market indicators suggest a potential Bitcoin price rally toward $100,000 in the coming days. Key 5 Bitcoin charts predicting BTC price rally toward $100K by May - XBT.MarketLet's explore the charts.

Decoding the Double Bottom: A Path to $100,600?

One of the most compelling technical patterns signaling a potential rally is the double bottom formation on Bitcoin's daily chart. Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May. Gold-Bitcoin lag may repeat Q4 rally. Since the beginning of 2025, Bitcoin and gold have posted new highs in the market, with each asset outperforming the other during specific periods. As illustrated in the chart, Bitcoin and gold achieved new highs between March andThis classic bullish reversal pattern suggests that the downtrend has exhausted itself, and buyers are stepping in to take control. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout. BTC double-bottom hints at $100,600 target. BTC s daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance atThe formation looks like the letter ""W"" on a price chart, with two distinct price lows at roughly the same level, separated by a peak.

In Bitcoin's case, the daily chart has revealed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643. Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May A breakout above the $100,000 psychological barrier could pave the way toward new all-time highs at $110,000 $115,000This breakout is significant because it signifies that the market has overcome a key resistance level, paving the way for further upside. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout. BTC double-bottom hints at $100,600 target. BTC's daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643.The measured move target of this double bottom pattern points towards $100,600, aligning with the broader bullish sentiment surrounding Bitcoin.

How does a double bottom work? It essentially reflects a period where sellers initially drive the price down, followed by a rebound. Key Takeaways:BTC liquidation levels, onchain data and chart setups converge at the $100K target.Profitability has surged, suggesting a rebound in market confidence.BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet.Bitcoin BTCUSD is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five chartsThen, the price retraces to the previous low, but this time, buyers are stronger and prevent further decline. Bitcoin has demonstrated remarkable strength in recent days, climbing above the $95,000 level as bulls continue their push toward the highly anticipated $100,000 milestone. This latest rally comes amid positive market sentiment, strong institutional investment, and technical signals pointing to further upside potential.This ""second bottom"" confirms that the selling pressure has waned, and a rally is likely. Bitcoin is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout. Here are five charts making the case for a near-term breakout.The breakout above the neckline acts as a confirmation of the pattern, signaling the start of a new uptrend.

Bull Pennant Formation: Another Signal Pointing to $100,000

Beyond the double bottom, another bullish chart pattern adding weight to the $100,000 narrative is the bull pennant.This pattern typically forms after a sharp price increase, followed by a period of consolidation.On the hourly timeframe, Bitcoin has been consolidating inside a bull pennant following a sharp rally, suggesting a temporary period of indecision before the next leg higher.

A bull pennant is characterized by converging trendlines, forming a triangle-like shape. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout. BTC double-bottom hints at $100,600 target. BTC s daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643.This consolidation phase allows the market to digest the previous gains before resuming the uptrend.The breakout from the pennant typically occurs in the direction of the preceding trend, indicating a continuation of the bullish momentum.

The target derived from this bull pennant setup sits near $100,900, further reinforcing the likelihood of Bitcoin reaching the six-figure milestone.This pattern, combined with the double bottom, creates a powerful technical foundation for a substantial rally.

On-Chain Data: Profitability Surges and Market Confidence Rebounds

While technical analysis provides valuable insights into price action, on-chain data offers a deeper understanding of the underlying market dynamics.Recent on-chain data reveals a significant surge in Bitcoin's profitability, suggesting a strong rebound in market confidence.

Profitability metrics track the number of Bitcoin addresses that are currently in profit. 5 Bitcoin charts predicting BTC price rally toward $100K by May Key Takeaways:An increase in this metric indicates that more investors are holding Bitcoin at a profit, signaling increased confidence in the asset's future prospects.This surge in profitability can attract even more buyers, creating a positive feedback loop that drives prices higher.

Furthermore, on-chain data can provide insights into the behavior of long-term holders.If long-term holders are accumulating Bitcoin, it suggests they believe in the long-term potential of the asset, further supporting the bullish narrative. Key Takeaways: Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout.Conversely, if long-term holders are selling, it could indicate a lack of confidence and a potential price correction.

Liquidation Levels: $100,000 as a Short-Squeeze Magnet

The location of liquidation levels in the Bitcoin market can also offer clues about potential price movements. BTCUSD Bitcoin 5 Bitcoin charts predicting BTC price rally toward $100K by May. BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surgedLiquidation levels represent price points where traders with leveraged positions are forced to close their positions to avoid further losses.A concentration of liquidation levels above the current price can act as a magnet, attracting price towards those levels as traders get squeezed out of their positions.

Currently, a significant concentration of liquidation levels exists around the $100,000 mark.This means that if Bitcoin's price starts to rise towards $100,000, it could trigger a short squeeze, further accelerating the upward momentum. MKRUSD Maker 5 Bitcoin charts predicting BTC price rally toward $100K by May. BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surgedA short squeeze occurs when traders who have bet against Bitcoin (short positions) are forced to buy back their positions to limit their losses, driving the price even higher.

Understanding the location of liquidation levels can help traders anticipate potential price movements and manage their risk accordingly.It's important to note that liquidation levels can shift as market conditions change, so it's crucial to stay informed about the latest data.

Gold-Bitcoin Lag: History May Repeat Itself

Historically, there's been an interesting relationship between Bitcoin and gold, often characterized by a period of lag, where one asset outperforms the other before the second asset catches up. TRXUSD TRON 5 Bitcoin charts predicting BTC price rally toward $100K by May. Key Takeaways:BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability hasSince the beginning of 2025, both Bitcoin and gold have posted new highs, with each asset outperforming the other during specific periods.

This historical pattern suggests that if gold has recently outperformed Bitcoin, Bitcoin might be poised for a period of outperformance, potentially leading to a significant price rally. Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May. Gold-Bitcoin lag may repeat Q4 rally. Since the beginning of 2025, Bitcoin and gold have posted new highs in the marketThis ""catch-up"" dynamic can be attributed to various factors, including shifting investor sentiment, macroeconomic conditions, and regulatory developments.

While past performance is not necessarily indicative of future results, observing the relationship between Bitcoin and gold can provide valuable insights into potential market trends.If the historical pattern holds true, Bitcoin could be gearing up for a significant rally, potentially exceeding the $100,000 target.

Potential Roadblocks and Considerations

While the charts and on-chain data paint a bullish picture for Bitcoin, it's essential to acknowledge potential roadblocks and considerations that could impact the price trajectory.The cryptocurrency market is known for its volatility, and unexpected events can significantly influence price movements.

Profit-Taking Activity: On-chain data has indicated that profit-taking activity reached record levels recently. Key Takeaways:BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surged, suggesting a rebound in marketThis could lead to a correction in price as investors cash out their gains. Key Takeaways: BTC liquidation levels, onchain data, and chart setups converge at the $100K target. Profitability has surged, suggesting a rebound in market confidence. BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet. Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May.While profit-taking is a natural part of market cycles, excessive profit-taking can temporarily halt or reverse an uptrend.
Rejection at Key Levels: Bitcoin has faced rejection around the $106,406 level on Wednesday, hinting at a potential correction ahead. Bitcoin BTCUSD is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are five charts making the case for a near-term breakout. BTC double bottom hints at $100,600 target. BTC s daily chart has formed a textbook double bottom, confirming a breakout above the neckline resistance at $87,643.This resistance level could pose a challenge for Bitcoin to overcome in the short term.
Regulatory Uncertainty: Regulatory developments can have a significant impact on the cryptocurrency market.Unfavorable regulations can negatively affect investor sentiment and lead to price declines.
Macroeconomic Factors: Macroeconomic factors, such as interest rate hikes and inflation, can also influence Bitcoin's price.A strong US dollar or a risk-off environment could lead to a sell-off in Bitcoin.

Navigating the Volatility: Strategies for Investors

Given the inherent volatility of the cryptocurrency market, investors need to adopt prudent strategies to navigate the potential price swings and manage their risk effectively.

Diversification: Diversifying your investment portfolio can help mitigate the risk associated with investing in a single asset. Bitcoin price faces rejection around the $106,406 key level on Wednesday, hinting at a potential correction ahead. On-chain data shows that BTC s profit-taking activity reached record levels onConsider allocating a portion of your portfolio to other asset classes, such as stocks, bonds, and real estate.
Dollar-Cost Averaging (DCA): DCA involves investing a fixed amount of money at regular intervals, regardless of the price. FOURRUSD Four 5 Bitcoin charts predicting BTC price rally toward $100K by May. BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surgedThis strategy helps to smooth out the impact of volatility and reduce the risk of buying at the peak.
Stop-Loss Orders: Stop-loss orders are used to automatically sell an asset if the price falls below a certain level. This setup creates a strong foundation for Bitcoin to push toward $100,600. Bull pennant setup eyes six-figure BTC price. On the hourly timeframe, BTC consolidates inside a bull pennant following a sharp rally. This pattern indicates temporary indecision before the next leg higher. The target sits near $100,900. BTC/USD hourly price chart.This can help to limit potential losses in a volatile market.
Risk Management: Avoid using excessive leverage, as it can amplify both profits and losses. News Summary: Key Takeaways:BTC liquidation levels, onchain data, and chart setups converge at the $100K target.Profitability has surged, suggesting a rebound in market confidence.BTC breakout patterns point to $100K as a short-squeeze and euphoria magnet.Bitcoin (BTC) is flashing multiple technical and onchain signals suggesting that a rally to $100,000 is possible by May. Here are fiveOnly invest what you can afford to lose.
Stay Informed: Keep abreast of the latest news, analysis, and developments in the cryptocurrency market.This will help you make informed investment decisions.

Understanding Key Support and Resistance Levels

Identifying key support and resistance levels is crucial for making informed trading decisions.Support levels are price points where buyers are likely to step in and prevent further price declines.Resistance levels are price points where sellers are likely to step in and prevent further price increases.

Traders often use support and resistance levels to identify potential entry and exit points.Breaking above a resistance level can signal a continuation of the uptrend, while breaking below a support level can signal a continuation of the downtrend.

Keep a close eye on the established support and resistance levels.These levels can act as potential bounce points or breakout points for Bitcoin's price.

Looking Beyond $100,000: The $150,000 Scenario

While the immediate focus is on the $100,000 target, some analysts believe that the long-term setup for Bitcoin points towards an even more ambitious goal: $150,000.This bullish outlook is based on several factors, including the increasing adoption of Bitcoin, the limited supply of Bitcoin, and the potential for Bitcoin to become a mainstream store of value.

Zooming out on the long-term chart reveals a powerful uptrend that has been in place for over a decade.Despite periodic corrections and market fluctuations, Bitcoin has consistently trended upwards, demonstrating its resilience and long-term potential.

While reaching $150,000 is by no means guaranteed, the possibility highlights the immense potential upside that Bitcoin still holds.For traders and investors, it's a reminder to take a long-term perspective and avoid getting caught up in short-term noise.

Conclusion: Is $100,000 Bitcoin Inevitable?

The confluence of technical indicators, on-chain data, and market sentiment suggests that a Bitcoin price rally towards $100,000 by May is a distinct possibility.The double bottom formation, bull pennant setup, surging profitability, and liquidation levels all point towards significant upward momentum.However, potential roadblocks, such as profit-taking activity and regulatory uncertainty, should not be overlooked.The key is to stay informed, manage risk effectively, and adopt a long-term perspective.Will Bitcoin ultimately reach $100,000?Only time will tell.However, the evidence strongly suggests that the coming months could be transformative for the world's leading cryptocurrency.

Key Takeaways:

Bitcoin is flashing multiple technical and on-chain signals suggesting a potential rally toward $100,000 by May.
The double bottom formation on the daily chart points towards a target of $100,600.
The bull pennant setup on the hourly timeframe suggests a target near $100,900.
Surging profitability indicates a rebound in market confidence.
Liquidation levels around $100,000 could trigger a short squeeze.
Gold-Bitcoin lag may indicate Bitcoin is due for a period of outperformance.

Disclaimer: Investing in cryptocurrencies carries significant risk.This article is for informational purposes only and should not be considered financial advice.Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.