- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Bitcoin price pattern points to a $145k surge as exchange outflows rise
By: bitcoin ethereum news|2025/05/15 06:00:14
0
Share
Bitcoin price remained in a tight range on May 4, but the ongoing demand and supply dynamics point to an eventual surge to a new all-time high. Bitcoin (BTC) was trading at $104,000 on Wednesday, just 5.25% below its all-time high of $109,300. It has jumped nearly 40% from its lowest point in April. The coin continues to see high demand, mostly from institutional investors. SoSoValue data shows that spot Bitcoin ETFs have added over $1.95 billion in inflows this year, bringing total inflows since inception to $41 billion. Companies are also continuing their accumulation. Strategy spent $1.34 billion acquiring Bitcoin last week, bringing its total holdings to nearly $60 billion. Its market cap has now surged to over $115 billion. Semler Scientific now holds 3,808 Bitcoins valued at $387 million, while Tether has also been accumulating — bringing total holdings by Twenty One to 36,312 coins. More companies are likely to continue buying Bitcoin after witnessing Strategy’s success. Meanwhile, Bitcoin’s supply isn’t growing as fast, with mining difficulty and hash rate hitting record highs. Its supply on exchanges has dropped to a six-year low, continuing a trend that began in 2021. These dynamics will likely help support Bitcoin’s price in the long term. Additionally, analysts have upgraded their stock forecasts following the truce between the US and China. Goldman Sachs expects the S&P 500 Index to rise to 6,500 as it lowers its recession odds from 45% to 35%. Such a move would likely benefit Bitcoin and other altcoins due to their correlation with equities. Bitcoin price technical analysis The daily chart shows that Bitcoin is gradually forming a cup-and-handle pattern, with the upper boundary at $108,200. A C&H pattern is a popular continuation signal in technical analysis. This particular pattern has a depth of about 33%. Measuring the same distance from the cup’s upper side suggests a potential rally to $145,000. The bullish outlook will be confirmed once the BTC price breaks above the cup’s upper boundary. On the flip side, a drop below the 100-day moving average at $91,340 would invalidate the bullish outlook. Source: https://crypto.news/bitcoin-price-pattern-points-to-a-145k-surge-as-exchange-outflows-rise/
You may also like
Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.
Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.
When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Hardness is a protocol-level commitment to Ethereum core properties, including censorship resistance, privacy, security, and permissionlessness.
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
The real enemy is no longer each other, but zero cost itself
$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
Bezos doesn't invest in a new model; he invests in a supply chain.
Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.
No brand, no marketing, let developers vote with their feet in 8 days
Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.
During a weekend of relentless volatility, while traditional financial markets were closed, another wave of investors was busy trading gold, oil, and silver on a blockchain platform.
Is the Market Slump Still Making Millions a Day? Is pump.fun's Revenue Real?
If it's really that profitable, what's keeping $PUMP's price down?
Understanding x402 and MPP in One Article: The Two Paths of Agent Payments
x402 for in-protocol payments, MPP for off-chain payments
Quick Look at the Latest 18 Graduation Projects from Alliance: Who's the Next Pump.fun?
The project's core innovation areas include stablecoin payments, AI applications, prediction markets, and RWA tokenization.
It's not just the prediction market that profits from the Iraq War
Always maintaining the ambiguity of regulation with "offshore" may be the consensus of the perp DEX.
Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.
Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
App