FameEX Hot Topics | Bitcoin Volume Signals $130K–$135K Price Range Likely This Summer

Bitcoin’s on-balance volume (OBV) indicator is flashing bullish signals, echoing patterns that preceded a major rally earlier this year. In March–April 2025, a similar divergence between price and OBV led to a 57% Bitcoin surge. Now, with BTC trading sideways between $102,000 and $112,000 since May, analysts are once again pointing to rising OBV as a signal of mounting buying pressure. Market analyst Cas Abbé believes this accumulation trend could propel Bitcoin to the $130,000–$135,000 range by the third quarter of 2025.

The OBV indicator works by tracking daily volume: it adds volume on up days and subtracts on down days. A consistently rising OBV reflects stronger demand, even when prices appear stagnant. In Bitcoin’s case, the OBV has been trending upward since early May despite the lack of a clear price breakout. This kind of divergence—where volume rises while price consolidates—often indicates a hidden build-up in buying interest, setting the stage for a potential breakout.

Historical data supports this view. Between March and April, BTC moved sideways between $76,000 and $84,000. However, OBV steadily climbed, signaling accumulation. This setup preceded a sharp 57% rally that saw Bitcoin hit over $110,000 by May. Analysts now see a similar setup developing, with Cas Abbé suggesting that if the fractal repeats, a move to $130,000–$135,000 is well within reach in the coming months.

Technically, Bitcoin’s recent chart also suggests a bullish continuation. The asset appears to be forming a classic bull flag pattern—characterized by a strong initial surge (the “flagpole”), followed by a downward-sloping consolidation phase (the “flag”). BTC’s rise from $93,670 to nearly $112,000 in May forms the pole, while its current range-bound action is carving out the flag. This setup typically precedes another strong upward move.

If the breakout occurs as expected, the bull flag pattern projects a target of around $130,000. This aligns with the views of other notable analysts, including Galaxy Digital’s Mike Novogratz, who expects BTC to reach between $130,000 and $150,000 due to institutional demand and macro tailwinds. Some analysts, like Stockmoney Lizards, are even more optimistic, forecasting a year-end target of $200,000 for Bitcoin.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.