Key Takeaways

• Bitcoin’s On-Balance Volume (OBV) indicates hidden accumulation despite recent price stability.

• A similar pattern observed from March to April preceded a significant 57% increase in BTC’s value.

• If a confirmed Bull Flag pattern emerges, Bitcoin could potentially reach between $130,000 and $135,000 by Q3 of 2025.

Bitcoin has been trading within the $102,000 to $112,000 band since May. However, the OBV continues to rise, hinting at potential gains.

Accumulation of Bitcoin

Market analysts note that the divergence in price suggests increased “purchase pressure.” If the OBV continues its upward trend, we might see BTC prices climbing to between $130,000 and $135,000 by the third quarter of 2025.

The OBV indicator assesses trading volume to reveal whether buyers or sellers are taking charge. Essentially, it adds up volume on days when prices rise and subtracts it on days when prices fall. Thus, an increase signifies a greater volume of purchases compared to sales.

In Bitcoin’s case, the OBV has been on an upward trajectory since early May, indicating that underlying demand exists, which might not be immediately visible.

Past OVB Divergence Preceded Price Surge

Historically, when Bitcoin exhibits significant buying pressure during periods of price consolidation, it tends to experience a robust breakout.

For example, between March and April 2025, BTC traded in a narrow range of $76,000 to $84,000. Eventually, this divergence culminated in a 57% price rally, with BTC crossing the $110,000 mark by May.

Analyst Cas Abbé’s projections align with this historical data, suggesting that if the current trend continues, Bitcoin could transition to the $130,000 to $135,000 range in Q3 2025.

Bull Flag Indicates Potential BTC Price of $130,000

Bitcoin seems to be forming a classic bull flag pattern, which usually occurs after a strong rally followed by a consolidation phase.

On daily charts, BTC peaked at around $112,000 in May, with the “flag pole” established from about $93,670. Since that peak, prices have been consolidating within parallel channels, resembling a “flag.”

This formation suggests that Bitcoin may be gearing up for another upward movement, reinforcing the target of around $130,000, which aligns with Abbé’s earlier forecast for Q3 2025.

Related: Tap $130K and no one will sell their Bitcoin: Bitwise CEO

The targets set by the bull flag align with predictions from various market analysts, including Galaxy Digital’s Mike Novogratz, who anticipates Bitcoin reaching between $130,000 and $150,000 due to strong institutional investments and a weakening dollar.

Analyst Stockmoney Lizards is even more optimistic, eyeing a year-end target of $200,000 for Bitcoin.

This article does not provide investment advice or recommendations. All investment and trading activities carry risks, and readers should conduct their own research before making any decisions.