Bitcoin News Today: Bitcoin May Retest All-Time High of $124,457 in 2025 Amid Mixed Market Signals

Bitcoin could potentially retest an all-time high above $124,457 in 2025, according to a cycle-based analysis by on-chain analytics firm Glassnode. The analysis draws parallels between current market conditions and previous bull cycles in 2017 and 2021, during which Bitcoin reached new highs within two to three months of similar on-chain signals [1]. As of August 25, 2025, Bitcoin is approximately 10.55% below its previous peak of $124,457, which was recorded on August 13 [1].

Recent on-chain data highlights mixed market signals. While trading volume surged by approximately 69%, the overall market capitalization declined by 2.1% on the same day [1]. This combination often indicates profit-taking or speculative exits, as higher volume with falling prices typically reflects distribution activity [1]. Intraday price swings over the 24-hour period ranged from a low of $110,604 to a high of $114,853, with the spot price closing at $112,035 [1].

Despite short-term volatility, institutional accumulation patterns suggest continued demand for Bitcoin, potentially offsetting retail-driven profit-taking. Large buyers have remained active, indicating confidence in the asset despite near-term price weakness [1].

Historical cycle comparisons, however, should not be treated as guarantees. While the 2017 and 2021 cycles demonstrated similar directional moves before reaching new highs, the current trajectory depends on the persistence of demand and the absence of large-scale sell-offs. Investors are advised to combine cycle-based expectations with real-time indicators such as on-chain flows, exchange balances, and order-book dynamics before making investment decisions [1].

The surge in trading volume raises questions about its implications for traders. A 69% increase typically signals heightened activity; when paired with declining prices, it often suggests that sellers are dominating the market. Traders are encouraged to monitor liquidity and order-book depth before executing large positions to manage risk effectively [1].

Overall, the analysis from COINOTAG suggests a plausible path for Bitcoin to reach a new all-time high above $124,457 in 2025, provided that current demand remains strong and short-term selling pressure does not overwhelm the market. Disciplined risk management remains crucial, as profit-taking and speculative trading continue to drive near-term volatility [1].

Source: [1] Glassnode Data Suggests Bitcoin May Reach $124,457 in 2025 Amid Mixed Market Signals (https://en.coinotag.com/glassnode-data-suggests-bitcoin-may-reach-124457-in-2025-amid-mixed-market-signals/)