Bitcoin Could Reach $130K If It Holds Above This Key $110K Support Zone

BTC could reach $130K if it holds above the $110K–$112K support, per MVRV Pricing Bands model.

ETF inflows and supply squeeze are supporting bullish momentum and long-term BTC price growth.

Bitcoin trading above $117K, with $119.5K as key resistance for a potential breakout.

Bitcoin may rise to $130,000 by 2025 if it holds above the $110,000 support zone, according to the MVRV Pricing Bands model. At the time of writing, Bitcoin was trading at $117,958, with continued institutional interest and ETF inflows supporting a possible breakout toward new highs.

MVRV Pricing Bands Signal Potential Upside for BTC

According to analysis prepared by popular trader Ali charts, Bitcoin is trading near the +1.5σ (sigma) deviation level on Glassnode’s MVRV Pricing Bands. The model estimates that maintaining support above $110,756 could push Bitcoin toward the +2.0σ deviation, which is around $130,000.

Ali noted on X that the $110K–$112K price zone is critical and has functioned as a key support band. If Bitcoin remains above this zone, a move toward $130,000 becomes more likely. The trader emphasized that the price structure supports this scenario as long as consolidation holds above support.

Further, Peter Brandt reaffirmed Bitcoin’s long-term strength, stating, “Bitcoin is crypto. Everything else is just a poser,” in a recent post on X. This reflects the continued sentiment among experienced traders who view Bitcoin as the primary digital asset amid current market trends.

Institutional Flows and Supply Dynamics Favor BTC Growth

Institutional adoption remains strong, with ETFs absorbing more Bitcoin than miners are producing. This ongoing “supply squeeze” is seen as a key factor that may drive Bitcoin prices higher. Macroeconomic factors and the U.S. election cycle are also contributing to favorable conditions for continued growth.

Over the past 30 days, net inflows into the crypto market totaled $82 billion. Although lower than the $135 billion seen in December 2024, this figure suggests that the market is not yet in an overheated phase. At current levels, analysts believe there is room for growth.

Source: CaptainFaibik(X)

As of now, Bitcoin is trading steadily above $117,000, and a breakout above $119,500 could confirm further momentum. Captain Faibik also noted that Bitcoin is nearing a falling wedge breakout, which, if confirmed, could lead to a new all-time high next week.

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