Bitcoin at a crossroads: a chance to grow to $115,000 remains
Date: 2025-06-02 Author: Henry Casey Categories: CRYPTO PAYMENTS
Analyst Lucas notes that current technical signals indicate a weakening of Bitcoin's upward movement. However, despite this, the long-term prospects for the digital asset remain favorable. The main focus is now on the support level in the $103,000 region - this, according to the expert, is the key to maintaining the bullish scenario.
Lucas identifies two possible scenarios for the development of events in the near future. The first is that the Bitcoin rate remains above the $103,000–105,000 range, which will open the way for an upward movement, up to the $115,000 mark. The second scenario assumes a decline to $103,000, and then a possible fall to the $93,000–97,000 range.
At the same time, the analyst emphasizes: even if the market corrects, this will not mean the end of the general upward trend. Rather, we are talking about a temporary respite, typical of long growth cycles.
In addition, Lucas pointed out the transformation of the role of Bitcoin in the financial world. It is no longer perceived exclusively as “digital gold”. More and more investors include it in their strategies as a hedging tool capable of responding to foreign economic challenges.
Special attention is also paid to the growing dependence of the crypto market on global macroeconomic factors. The situation in the global economy, central bank decisions, geopolitical tensions - all this increasingly affects the Bitcoin rate and its perception in the eyes of investors.
Earlier, Derive founder Nick Forster spoke with a similar position. According to him, the current phase is a "healthy pause" during which the market takes profits before moving up again as part of a new bullish trend.
