Bitcoin price analysis: BTC/USD breaks past weekly high- falls short of $4,100

Bitcoin extends weekly gains and could close the week above $4,100.
The RSI is still in an upward momentum as a sign that the bulls still have control.

John Isige FXStreet

Bitcoin is likely to close the week bullish following the ongoing upward momentum. After opening the trading on Friday around $4,014, Bitcoin corrected to $4,049 during the Asian session. It gradually broke down towards $4,000 but formed a low around $4,007.

While supported by the 50 SMA and the 100 SMA, Bitcoin resumed the uptrend breaking past the above-mentioned intraday higher. The bulls pushed for gains above $4,070 forming a new intraday high at $4,076.21. The momentum has, however, fizzled and Bitcoin is trending lower at $4,053.

The RSI is still in an upward momentum as a sign that the bulls still have control. The indicator is currently holding at 70 unable to enter into the overbought region. The MACD in the same 15’ range is at +9.11 and still heading north. This means that the slight retracement was simply a snag and Bitcoin will resume the uptrend and close the day above $4,100.

BTC/USD 15-minutes chart

Get 24/7 Crypto updates in our social media channels: Give us a follow at @FXSCrypto and our FXStreet Crypto Trading Telegram channel

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Bitcoin slips below $90,000 as Trump's tariffs swing, ETF outflows pressure price

Bitcoin price struggles below $90,000 on Friday, correcting nearly 5% so far this week. Trump’s Davos speech on Wednesday, backing away from imposing further tariffs on the EU, triggered market volatility and risk-on mood.

Ripple holds losses above $1.90 amid mild ETF inflows, muted retail interest

Ripple is trading under pressure, hovering above the immediate support level at $1.90 at the time of writing on Friday. Despite mild inflows into spot ETFs, XRP has declined for a second consecutive day, reflecting weak retail demand and persistent selling pressure.

Pump.fun sees bearish reversal despite buyback

Pump.fun trades below $0.0025 at the time of writing on Friday, after a nearly 7% decline from the 50-day Exponential Moving Average at $0.002601. The recent purchase of over $1 million in PUMP tokens failed to revive retail support, as PUMP futures continue to see capital outflow.

Crypto Today: Bitcoin, Ethereum, XRP face elevated downside risk amid weak technical setups

Bitcoin is struggling to stay above support at $89,000 at the time of writing, as headwinds intensify across the cryptocurrency market on Friday. Ethereum and Ripple are facing low retail and institutional demand, while bearish indicators continue to flash subtle signals that losses may extend further.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC slips below $90,000 as Trump's tariffs swing, ETF outflows pressure price

Bitcoin (BTC) is trading below $90,000 at the time of writing on Friday, down nearly 5% this week. Despite a brief improvement in risk appetite following US President Donald Trump’s mid-week speech at Davos, the Crypto King remains under pressure as institutional demand continued to weaken so far this week.