Bitcoin Reclaims $18K: Is a Bull Run in Sight? Analyzing the Market Trends
Bitcoin (BTC), the market-leading digital asset, is showing signs of life! After registering a 4.5% uptick over the past 24 hours, BTC was trading at $18.1k at press time. The question on everyone's mind: does Bitcoin reclaiming $18K signal the start of a new bull run? According to CoinMarket Cap, Bitcoin (BTC) is up 3.70% in the last 24 hours, currently hovering around $17,800. Bitcoin made a strong comeback on Monday, suggesting a bullish turnaround.
Key Factors Driving the Bitcoin Rebound
Several factors are contributing to this potential shift in momentum. While some analysis is warning of a profit-taking hiatus that could lead to sub-$100,000 prices, others remain optimistic. Since calling the Bitcoin bottom near $16,000, the I/O Fund has maintained a disciplined, contrarian approach, issuing 13 buy alerts before Bitcoin surged. This suggests that some experts believe in the long-term potential of Bitcoin.
Long-term fundamentals – institutional adoption and regulatory clarity – still favor crypto. The bellwether token zoomed. Data from Glassnode indicates a fairly large volume being traded, suggesting renewed interest.
$107K? Ambitious Predictions & Strategic Bitcoin Reserves
While current prices are far from it, some analysts predict a significant surge. Some even suggest the market-leading digital asset could soar past $2.11 trillion in total valuation, hitting a new all-time high of $107K. Social media and even the press releases of Congresspeople and Senators are increasingly mentioning the likelihood of a strategic bitcoin reserve becoming reality, further bolstering confidence in the asset.
The Road Ahead: Investor Sentiment and Critical Resistance Levels
Bitcoin has shown some resilience so far in 2025, but its path forward is far from guaranteed. Much depends on two key factors: whether investor sentiment improves. The coming days will be revealing. If BTC fails to reclaim $90,000–$96,000, one Bitcoin's upward trajectory may be challenged. Keep an eye on key resistance levels and market news for further insights.