Bitcoin price quickly recovered after the weekend drop

Bitcoin had briefly slipped to 84,500 dollars during Sunday’s cascade of liquidations. However, the price erased all losses within two days and reclaimed the 92,000-dollar level, signaling a shift in market sentiment. Analyst Michaël van de Poppe described the move as a healthy recovery and noted that holding above 92,000 dollars remains essential for the next breakout. He also compared the latest drop to previous cycle shakeouts and said indicators had become heavily oversold.

Bitcoin reached an intraday high of 93,040 dollars on Coinbase early Wednesday, according to TradingView. The rebound demonstrated strengthening demand as BTC recovered the full 8,000-dollar decline from the weekend flush. Meanwhile the crypto market saw rising trading volumes, suggesting increasing interest from both short-term traders and longer-term investors.

Macro optimism and ETF inflows boost expectations

Nick Ruck, director at LVRG Research, said he remains confident that Bitcoin will revisit six-figure territory in the coming months. He pointed to renewed expectations of potential Federal Reserve rate cuts and improving macro conditions that support risk assets. At the same time rising spot Bitcoin ETF inflows continue to reinforce institutional demand, offering a strong backdrop for upward momentum. As a result the bitcoin price outlook appears more constructive heading into late 2025.

Crypto market sentiment has also improved alongside higher liquidity and strengthening participation from large investors. Although volatility remains elevated, analysts highlight that the underlying trend for BTC is still upward. This aligns with patterns seen in previous market cycles where strong rebounds preceded major price expansions.

Key support zone will determine Bitcoin’s next major move

Before the rebound, analysts highlighted the 86,000- to 88,000-dollar range as a crucial support area for bitcoin price. Market commentator Crazzyblockk noted that this zone had held more than sixty retests in recent months, making any breakdown highly significant. Trading above this region indicates reduced selling pressure and stronger conviction among active market participants.

• The 86,000–88,000 dollar zone remains the primary support level for bitcoin price.
• Losing this support could open the door to lower market targets and renewed selling.
• Holding above the zone strengthens the structure for a potential move toward 100,000 dollars.

Bitcoin was trading above 93,700 dollars at the time of writing as the crypto market maintained its recovery trend. Strengthening momentum and improving macro expectations continue to support analysts’ bullish outlook for BTC’s path toward the 100,000-dollar level.

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Investors have once again focused on the possibility of a rate cut by the U.S. Federal Reserve. This development boosted interest in digital assets. Ethereum showed a strong recovery, climbing above the $2,590 level, while Dogecoin reached $0.171, regaining the ground it had lost over the past month. 

Meanwhile, Bitcoin traded at $109,200, recording a gain of over 3% on the day. It is now just 2% away from its all-time high of $111,814. 

Altcoin Rally Triggered by Ethereum and Dogecoin Surge 

The rise in the altcoin market wasn’t limited to prices alone. Zach Pandl, Head of Research at Grayscale, noted that investor interest is shifting towards Ethereum and other altcoins. According to Pandl, recently approved crypto exchange-traded products (ETPs) have facilitated institutional capital flowing into the altcoin market. 

Increasing regulatory clarity and interest from traditional financial institutions are boosting confidence in crypto. Pandl stated that many tokens could see new highs in the second half of the year. 

Meanwhile, Ripple has applied for a national banking license with the U.S. Office of the Comptroller of the Currency (OCC). The move is seen as an effort to expand crypto payment systems within a legal framework. 

Fed Rate Cut Expectations Revive Crypto Momentum 

Investors remain focused on potential moves from the central bank. Recent dovish remarks have raised hopes that the Fed may opt for rate cuts. This expectation has positively impacted not only crypto but also the stock markets. The Nasdaq and S&P 500 indexes closed the day with slight gains. 

However, global economic uncertainties persist. While the new trade agreement signed by U.S. President Trump with Vietnam was positively received, no progress was made in negotiations with China. Additionally, geopolitical risks in the Middle East and Ukraine continue to dominate headlines. 

Meanwhile, inflows into Bitcoin spot ETFs declined on Tuesday. The 15-day streak of positive inflows came to a halt, which analysts interpret as profit-taking. 

Joe DiPasquale, CEO of BitBull Capital, linked the rally to positive market sentiment. “Crypto typically gains strength through uncertainty and liquidity,” said DiPasquale, emphasizing that traders are ignoring macro risks and focusing on the possibility of looser monetary policy. 

In conclusion, investors continue to highlight the upward potential in the crypto market. 

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CPI Figures Fall Below Expectations

According to data released on May 13, US Core CPI (MoM) came in at 0.2%, below the expected 0.3%. Headline CPI (MoM) also recorded 0.2%, again below the 0.3% forecast. On an annual basis, CPI (YoY) was reported at 2.3%, slightly under the previous and expected value of 2.4%.

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These results suggest a controlled deceleration in inflation, potentially reducing the pressure on the Federal Reserve to maintain a hawkish stance.

Bitcoin And Ethereum React Quickly

Immediately after the release, Bitcoin rose from 103,300$ to 104,000$, while Ethereum (ETH) climbed from 2,500$ to 2,530$. The market’s swift reaction underscores how closely crypto assets are tied to macroeconomic expectations, particularly around interest rate policy.

The move also reinforces the narrative of Bitcoin and Ethereum being viewed as hedges against inflation.

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