TLDR
- Bitcoin trades around $109,060 after hitting $111,900 this week, showing 3.30% weekly gains despite daily volatility
- Expert “Bitcoin Therapist” predicts $120,000 by weekend, requiring 10% price jump from current levels
- Robert Kiyosaki maintains $250,000 Bitcoin target for 2025, citing scarcity with only 1.13 million coins left to mine
- Technical analysis shows 60% green days over past 30 days with Fear & Greed Index at 74 indicating market greed
- Key resistance levels sit at $110,750 and $111,800 with support around $108,500 and $107,850
Bitcoin continues its volatile trading pattern this week. The cryptocurrency jumped past $111,900 on May 22 before pulling back to approximately $106,683 by May 25.
Current trading shows Bitcoin at $109,060, representing a 0.74% decline over 24 hours. Weekly performance remains positive at 3.30% gains.
Technical analysis reveals Bitcoin found support near $107,400 and began an upward correction. The price moved above $108,000 and $108,500 resistance levels before spiking above $110,000.
Bears became active near the $110,750 level, causing a downside correction. Bitcoin dropped below the $110,000 level and the 50% Fibonacci retracement level from the recent swing.
Weekend Price Targets Draw Mixed Reactions
Social media analyst “The Bitcoin Therapist” posted predictions of $120,000 Bitcoin by week’s end. This target requires approximately 10% growth from current levels.
$120K Bitcoin by end of week.
— The ₿itcoin Therapist (@TheBTCTherapist) May 27, 2025
Community response remains divided on the forecast. Some traders noted Bitcoin already gained 8% this week and questioned what new data supports another price jump.
Others pointed to greedy market conditions and emphasized the importance of solid charts over price predictions. The Fear & Greed Index currently sits at 74, indicating “Greed” levels.
Data from the past 30 days shows 18 green days versus 12 down days. This creates a 60% win rate with average price swings of 5.24%.
Supply Dynamics and Long-Term Outlook
Robert Kiyosaki maintains his $250,000 Bitcoin prediction for 2025. The “Rich Dad Poor Dad” author cites scarcity as a key driver for future price appreciation.
I cannot believe how easy Bitcoin has made getting rich…so easy.
Why everyone is not buying and holding Bitcoin is beyond me.
Even .01 of a Bitcoin is going to be priceless in two years…. and maybe make you very rich.
Sure Bitcoin goes up and down….but so does real life.…
— Robert Kiyosaki (@theRealKiyosaki) May 26, 2025
Current data shows nearly 19.87 million BTC already mined, leaving roughly 1.13 million coins remaining. Kiyosaki suggests even 0.01 BTC ownership could prove valuable in coming years.
His social media posts emphasize holding strategies during market volatility. Kiyosaki continues buying Bitcoin despite price fluctuations.
Technical indicators present mixed signals for short-term direction. The hourly MACD is losing pace in the bullish zone while RSI trades below 50.
Immediate resistance appears near $110,000 with key resistance at $110,750. A break above $111,800 could target $113,000 and potentially $115,000.
Support levels exist at $108,500 and $108,350, with the 76.4% Fibonacci level providing additional backing. Further downside could test $107,850 and $106,500.
CoinCodex projects Bitcoin reaching $119,495 by June 26, 2025. This represents an 8.97% increase from current levels based on recent trading patterns.
Bitcoin currently trades above the 100-hour simple moving average with a bullish trend line forming support at $108,800.
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