{"id":3975,"date":"2025-06-25T09:28:18","date_gmt":"2025-06-25T09:28:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-could-soon-surge-to-120k-after-it-regained-this-crucial-level-cryptoquant\/"},"modified":"2025-06-25T09:28:19","modified_gmt":"2025-06-25T09:28:19","slug":"bitcoin-could-soon-surge-to-120k-after-it-regained-this-crucial-level-cryptoquant","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-could-soon-surge-to-120k-after-it-regained-this-crucial-level-cryptoquant\/","title":{"rendered":"Bitcoin could soon surge to $120K after it regained this crucial level: CryptoQuant"},"content":{"rendered":"
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Bitcoin is showing signs of renewed strength after reclaiming a key technical level that historically marks the start of short-term rallies.<\/p>\n

According to a June 25 analysis<\/a> by CryptoQuant contributor \u0130brahim CO\u015eAR, Bitcoin (BTC) has successfully moved back above its 50-day exponential moving average, a trend line often used to identify major shifts in market momentum.<\/p>\n

In the past, Bitcoin\u2019s price often increased by 10% to 20% when it dropped below the 50-day EMA during a correction and then swiftly rose above it again. It appears that the pattern is reoccurring. Bitcoin has now closed three days in a row above the 50-day EMA after momentarily falling below it, indicating that bulls may be regaining control.<\/p>\n

CO\u015eAR believes this could pave the way for a move toward $120,000 in the short term, though he warns that geopolitical events involving the United States, Israel, and Iran, could bring about unexpected volatility.<\/p>\n

<\/p>\n

At the time of writing, Bitcoin is trading at $106,720, up 1.4% in the past 24 hours. This represents a 7.8% recovery from its June 22 low of $98,974 when the market sold off in response to escalating Middle East tensions.<\/p>\n

Some analysts believe that geopolitical unrest may strengthen Bitcoin\u2019s long-term appeal as a hedge. War and inflation risks often lead to increased government spending and easing of monetary policy, conditions that tend to favor Bitcoin.<\/p>\n

Despite the conflict, investor interest in Bitcoin has remained strong. For the eleventh day in a row, spot Bitcoin exchange-traded funds have seen consistent inflows. According to SoSoValue data<\/a>, total net inflows in the past week have reached $938 million, showing continued interest from investors.<\/p>\n

On the technical side, Bitcoin is approaching the upper band around $110,100 after breaking above the 50-day EMA. If Bitcoin is able to consolidate above the $105,700\u2013$106,000 range, this setup would point to growing bullish momentum.<\/p>\n

<\/source><\/p>\n<\/picture>
Bitcoin price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

At 54.69, the relative strength index is just above neutral and indicates improving momentum without yet being overbought. Shorter-term moving averages also flash \u201cbuy,\u201d and the moving average convergence divergence has entered a bullish signal zone.<\/p>\n

Bulls must push Bitcoin above the $108,000\u2013$110,000 resistance level for upside momentum to continue. A daily close above $110,000 could open the door to the $114,000\u2013$120,000 range. If momentum fades, support lies at $105,000 and stronger buying could return near $102,000 or $98,900.<\/p>\n

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

Bitcoin is showing signs of renewed strength after reclaiming a key technical level that historically marks the start of short-term rallies. According to a June 25 analysis by CryptoQuant contributor…<\/p>\n","protected":false},"author":1,"featured_media":3976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3975"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3975\/revisions"}],"predecessor-version":[{"id":3977,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3975\/revisions\/3977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3976"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}