Crypto

Bitcoin SOTT Indicator Turns Green – Is A New All-Time High Near? Analyst Shares Insights

Bitcoin’s Remarkable Surge: Future Predictions and Market Analysis

Today marks a significant milestone in the cryptocurrency world as Bitcoin (BTC) has surpassed $95,000, a remarkable feat not seen since February 2025. This breakthrough has sparked optimism among crypto experts who anticipate that BTC still has room to grow, potentially reaching new heights in the near future.

Analyzing the Bitcoin SOTT Indicator: A Green Signal for Growth?

In a recent analysis, the crypto expert known as Titan of Crypto highlighted a pivotal moment in Bitcoin’s journey. The State of the Trend (SOTT) indicator has turned green on the weekly chart, indicating a possible bullish momentum for BTC.

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Historically, a green SOTT indicator has preceded notable gains. For instance, between October 2023 and March 2024, BTC experienced a staggering 172% increase, while from September 2024 to January 2025, it rose by 92%. The SOTT indicator serves as a momentum-based tool that gauges the strength and trajectory of a trend by examining price fluctuations over time. A green signal typically suggests a reinforcing bullish trend, hinting at further upside potential for Bitcoin.

While the full extent of the gains from this green signal in April 2025 remains speculative, projections indicate that BTC could soar to $130,000. Currently, Bitcoin’s all-time high (ATH) is recorded at $108,786, as per CoinGecko’s data. Additionally, market dynamics reveal a reduction in BTC selling pressure. According to a recent analysis by Master of Crypto, the number of addresses transferring BTC to exchanges has dropped to a 30-day average of 52,000, a notable decrease from the previous year’s 71,000. The analyst elaborated:

“For perspective, the 10-year average is around 92,000. We are witnessing a shift reminiscent of 2016, with fewer coins entering the market—a 4x decline since 2022. This trend of holding rather than selling creates a stronger price floor.”

Meanwhile, favorable macroeconomic developments, such as an increase in the global M2 money supply, could further bolster BTC. Crypto analyst Jelle presented a daily chart illustrating how BTC’s price often follows movements in the M2 money supply.

Ambitious Bitcoin Price Predictions by Analysts

Technical indicators, including Fibonacci extension levels, suggest that Bitcoin might reach as high as $135,000 by August 2025. For this upward trend to persist, BTC must sustain its current price level and avoid falling below $93,500.

Furthermore, some experts predict that Bitcoin may soon emulate gold’s historic price movements, with projections estimating that the ‘digital gold’ could ascend to $450,000 by year-end. As of now, BTC is trading at $95,374, reflecting a 2.4% increase over the past 24 hours.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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