Bitcoin Price Analysis: BTC/USD road back to $5000 eyed

Bitcoin bulls are back, price up around 8% on Monday, jumping to the highest level in four days.
BTC/USD must breakout from current range-block, to facilitate further buying pressure.

Ken Chigbo Independent Analyst

The Bitcoin price on Monday is seen holding solid gains of 8%, towards the latter part of the session. BTC/USD jumped to its highest level in four days. Despite the decent advance see, the price remains confined within a range-block.

Given the strong surge seen in the session, one must look at the upside targets for Bitcoin, on this possible road to recovery. The first barrier that must be broken by the bears is around the $3600 price area. This is the upper part of the recent 10-day range-block.

Should the bulls have enough momentum to cause a breakout to the upside, the next challenge will be to wear down the $4500 territory. This could then allow a fast move back into the $5000 territory. BTC/USD hasn’t traded here since 19th November. Support remains at the recent bottom area, seen at $3100.

BTC/USD daily chart

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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.