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Bitcoin has ended the week strong, with prices trading over $105,000 after a rally which pushed the price to an all-time record high of near $112,000 during a recent sharp rise. It reignited the bullish market momentum, and traders are now looking at what the next stage of this cycle could look like.
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The market appears to be healthy, despite its aggressive rise. Darkfost is a leading analyst who highlighted the fact that realized profits remain within normal ranges for a bull-run. According to his analysis, profit-taking is not a sign of weakness—it’s a necessary part of market structure during uptrends. “This is what keeps investors engaged and prevents parabolic exhaustion,” He noted.
Bitcoin is emerging from the post-halving phase of consolidation, and recent price movement indicates a shift in market dynamics. The bulls have their sights set on higher levels, as the weekly resistance is above $105, 000 and profit metrics are still in control. This momentum may mean that the $112K resistance is only a short-term obstacle. As always, volatility remains in play—but this week’s close sends a strong signal: the bull market structure The original structure of the building is intact.
Bitcoin Still has Room to Grow as It Gets Ready for a Historic Weekly Close
Bitcoin has the potential to close at its most impressive weekly level in history. It is also preparing for what could be considered the next big bullish phase, according to many. After surging to a new all-time high near $112,000 earlier this week, BTC is now stabilizing above the $105,000 level—positioning itself above key short-term support going into next week.
Even though the price movement paints a picture of bullishness, macroeconomic factors continue to be a risk. Major factors remain high interest rates and tightening financial regulations, as well as broader market uncertainties. Investors remain cautiously positive, but volatility may return quickly if the global risk perception deteriorates.
On-chain information provides a deeper understanding of the current economic cycle. Darkfost says that CryptoQuant data The current realized profit is 104,000 BTC or approximately $11 billion. While that number may seem large, it’s still well below the historical danger zone of 350,000 BTC—a level that typically signals euphoric conditions or overheating.
It is clear that the market continues to be in a zone of healthy profits. “Profit-taking is not a red flag during a bull market,” Darkfost noted. “It’s necessary. It helps maintain momentum and keeps participants engaged.”
It is important to focus on the coming week. This level could be solidified as new support if a confirmed weekly close is above $105,000. If bulls do not hold their ground, then the rally could lose steam. Bitcoin is currently strong. However, the market will soon be put to test.
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BTC Supports the New ATH Despite Rejection
Bitcoin’s price is now around $107750, after a turbulent week in which prices reached a new high of near $112,000. The daily chart shows BTC pulling back from overbought conditions but holding firmly above the 34-day EMA at $100,886—a level that has consistently acted as dynamic support during this uptrend.
Price is still well above 50-, 100-, and 200 day SMAs. This confirms the bullish nature of this market. The key horizontal support at $103,600—now reclaimed—is another crucial zone. The level was previously used as resistance in the March-April trading range, and is now a possible launchpad should BTC consolidate above it.
The volume appears to have decreased slightly during the pullback. This could indicate that this is not a reverse but a healthy retracement. As long as Bitcoin maintains above the $103,600–$105,000 zone, bulls remain in control. The 34 EMA, and the 100 SMA at $91,000 would be the first support for a more severe correction.
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As of now, there is no change in the trend. The rejection of $112K, and the slowing momentum calls for caution. Strength is confirmed by a weekly close over $105K, while a drop below $103K may signal short-term weakening.
Chart from TradingView, Featured Image from Dall E
“This article is not financial advice.”
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Source: www.newsbtc.com
