Takeaways:
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Bitcoin’s OBV continues to rise despite the price consolidation. This indicates hidden accumulation.
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A similar OBV divergence in March–April preceded a 57% BTC price rally.
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Bitcoin may reach between $130,000 and 135,000 dollars by the third quarter of 2025, if there is a confirmed breakout.
BitcoinBTCIt has been a. stuck in a range The on-balance (OBV), which measures the volume of transactions, has been increasing between $102,000 to $112,000 in May. This trend indicates that there will be more gains.
The rising OBV indicates Bitcoin accumulation
Price-OBV divergence signals growing “buying pressure,” According to a market analyst Cas Abbé, who expects a rising OBV will assist in sending BTC’s price toward the $130,000–$135,000 area by Q3 2025.
This indicator measures volume and determines whether the buyers or sellers have control. The indicator adds the volume when prices close higher, and subtracts on lower days. An increasing OBV is a sign that buying volume has outpaced selling volume.
Since early May in the case of Bitcoin, OBV continues to show higher highs, while price is largely sideways. This divergence is a sign that the demand for Bitcoin may be increasing.
BTC prices rose 57% after the previous OBV divergence
History shows that Bitcoin’s price tends to surge when OBV increases confirm underlying purchasing pressure in periods of price stability.
OBV began forming higher bottoms between March and April of 2025 when BTC traded sideways in a range between $76,000 to $84,000. BTC hit over $110,000 at the end of May, after a 57% surge.
The fractal could validate analyst Cas Abbé’s view that a move toward $130,000–$135,000 may occur in Q3 2025 if it plays out as intended.
Bull Flag Supports $130,000 BTC Price Scenario
Bitcoin is forming what appears to be an old-fashioned classic. bull flag patternThis is a setup which appears when strong moves upwards are followed by consolidation.
BTC’s increase to $112,000 on the daily chart from about $93,670 was established in May. “flagpole.” Since then the price has been consolidating in a downward channel within a parallel one, creating “flag.”
BTC’s structure may indicate that it is preparing to move higher. That would place Bitcoin’s breakout target around $130,000, aligning closely with Cas Abbé’s forecast for Q3 2025.
Related: No one will sell their Bitcoin once it taps $130K: Bitwise CEO
Galaxy Digital founder Mike Novogratz predicts that the bull-flag target will be reached by several analysts. Bitcoin hitting $130,000-150,000 Due to the strong flows of institutional capital and a lower dollar.
Stockmoney Lizards is one analyst who believes that Bitcoin’s price will continue to increase. year-end target of $200,000.
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Source: cointelegraph.com
