{"id":4645,"date":"2025-05-13T05:00:32","date_gmt":"2025-05-13T05:00:32","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-price-targets-110000-all-time-high-after-consolidation-trend-ends\/"},"modified":"2025-05-13T05:00:32","modified_gmt":"2025-05-13T05:00:32","slug":"bitcoin-price-targets-110000-all-time-high-after-consolidation-trend-ends","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-price-targets-110000-all-time-high-after-consolidation-trend-ends\/","title":{"rendered":"Bitcoin Price Targets $110,000 All-Time High After Consolidation Trend Ends"},"content":{"rendered":"

Over the past three days, Bitcoin has hovered between $103,000 and $104,500, creating a narrow channel after a notable rally that saw it break above $100,000 last week. Technical analysis of the daily candlestick chart shows the formation of a minor impulsive wave from $103,000, which may mark the final end of the recent consolidation and the beginning of a fresh rally towards new highs.\u00a0\u00a0<\/p>\n

Notably, recent price action in the past 12 hours or so has seen the gradual end of the consolidation, and attention is now turning to the next psychological level at $110,000.\u00a0<\/p>\n

Analyst Sees Breakout As Signal For Upside Continuation<\/h2>\n

In a post shared on<\/a> the social media platform X, crypto analyst CrediBULL explained the logic behind his current long trade setup, pointing out that Bitcoin has broken away from its three-day consolidation zone with an early impulse that started at the $103,000 level. His analysis predicted that this movement could be the start of a much larger leg upward, especially if the current price structure holds without falling back into a local demand zone between $101,000 and $102,000.<\/p>\n

According to CrediBULL, the current trade has a clean invalidation level just below the impulse origin, allowing for a tight stop loss. This setup yields a high reward-to-risk ratio exceeding 5:1, with an upside target of $110,660, as illustrated in the chart. If this breakout is genuine, it could be a signal that Bitcoin is preparing for an aggressive push toward new all-time highs.<\/p>\n

\"Bitcoin\"<\/p>\n

On the other hand, CrediBULL cautioned that if the current move proves to be a deviation and price falls below the impulse origin, focus should shift to the local demand zone around $101,800. The chart supports this with a clearly marked green area labeled \u201clocal demand.\u201d This is the next major support if Bitcoin bulls fail to hold the current price levels.<\/p>\n

$110,000 Bitcoin Target In Sight With Increasing Market Momentum<\/h2>\n

According to the crypto analyst, his prediction of the next move to $110,000 has at least a 20% chance of playing out. These odds are quite nice, considering the unpredictable nature of the crypto market.\u00a0<\/p>\n

Notably, price action in the past 24 hours has seen the leading cryptocurrency break above $105,000 again, peaking at an intraday high of $105,503 before easing slightly. This move strengthens the case that the recent consolidation phase may have concluded,<\/a> and a successful move above $110,000 before the end of the week is underway.<\/p>\n

At the time of writing, Bitcoin is trading at $104,428. A successful rally to the $110,660 target would represent a 6% gain from the current price, while downside risk is capped below the $103,000 level.<\/p>\n

\"Bitcoin\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the past three days, Bitcoin has hovered between $103,000 and $104,500, creating a narrow channel after a notable rally that saw it break above $100,000 last week. Technical analysis of the daily candlestick chart shows the formation of a minor impulsive wave from $103,000, which may mark the final end of the recent consolidation…<\/p>\n","protected":false},"author":1,"featured_media":4646,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,28,29,32,33,34,35,36,1057,2404,2405],"class_list":["post-4645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-consolidation-zone","tag-credibull","tag-local-demand"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=4645"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4646"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}