Bitcoin Faces $110,000 Resistance Amid Bull Run Concerns

Bitcoin's bull run is currently facing resistance at the $110,000 mark, following three consecutive days of daily ETF inflows. This resistance comes as technical indicators suggest that the cryptocurrency may be entering the final leg of its bull cycle. Cas
, Web3 Growth Manager at Binance, noted that Bitcoin’s monthly Relative Strength Index (RSI) has entered the overbought zone, a historical indicator of the final phase of a bull run. Abbé emphasized that while this may seem concerning, the biggest and quickest gains often occur during this last phase.Axel Adler, an analyst, projected that if the current momentum continues, Bitcoin could reach $168,000 by October 2025. Adler's forecast is based on the recovery of Bitcoin's 4-year Compound Annual Growth Rate (CAGR) to 31%, which he termed the "Strong zone." However, Adler also warned of the rising risk associated with this bull run, as a technical breakout or breakdown is now imminent.
Wise Crypto issued a technical warning, pointing to similarities between the current Bitcoin cycle and the 2021-2022 cycle. During that period, Bitcoin experienced a parabolic rise, followed by a major decline. The current rally, fueled by endorsements from high-profile figures, has led to a recent all-time high. However, Wise Crypto cautioned that if Bitcoin fails to break and hold above $110,000 this week, it may enter a bearish phase, mirroring the post-2021 correction.
Wu Blockchain reported that Bitcoin spot ETFs recorded a $165 million net inflow, marking three consecutive days of inflows. This, along with the $240 million inflow into Ethereum ETFs, suggests growing investor confidence and strong institutional demand. Richard Teng, Binance CEO, confirmed this institutional shift, stating that major institutions are now focused on how to engage with crypto, rather than whether to do so. This long-term commitment from institutions adds credibility to the current bull run.
The market outlook for Bitcoin hinges on the weekly close near the $110,000 mark. Multiple analysts highlighted that a clean break above this level could extend gains, while a failure to hold above it may trigger a rapid correction. The next few days will define the medium-term trajectory of Bitcoin, with the weekly close near or above $110,000 potentially confirming strength. However, a rejection from that level might invite a bear phase. The conflicting signals of momentum, adoption, and inflows supporting growth, while historical echoes and technical resistance urging caution, make this a critical moment for the cryptocurrency market.

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