

Bitcoin had a fierce and fierce start to Q2 as its price fell to a five-month low of under $75,000 in early April. The massacre took place on the darkest day (for now) when the US president intensified a trade war against other parts of the world.
As his policies and intentions became clearer and he suspended tariffs on all countries except China, the BTC began recovering, earning $20,000 in the coming weeks. However, it was above $90,000 more than a week ago, which slowed the asset in close channels ranging from $93,000 to $95,000.
There was an attempt to break down yesterday, but the bottom boundary has become stronger and BTC is now returning the top test. Several key metrics suggest that this integration phase is nearing its end, suggesting a substantial price movement in the future.
Squeeze the BBS
Popular Crypto analyst Ali Martinez highlighted the recent decline in volatility shown by squeezing bollinger bands. The three-row momentum indicator with a simple middle moving average (SMA) is tightened on a four-hour BTC chart, with Martinez warning that “large price movements may be around the corner.”
Bollinger Bands are narrowed down by a 4-hour chart #bitcoin $ BTC! The big price movement is coming soon. pic.twitter.com/uvrel12qvp
– Ali (@ali_charts) May 1, 2025
Although BBS is a secondary technical tool and does not clearly indicate the direction of movement, analysts said there is a prominent opportunity to head north if BTC outweighs its main support of $93,198.
He added that BTC could surge towards a new all-time high of around $114,230, if above $95,870.
if #bitcoin $ BTC The next important target based on the MVRV price range is $114,230, although it holds on the way to more than $95,870. pic.twitter.com/ikpjvvauta
– Ali (@ali_charts) April 30, 2025
Accumulation Skyrocket
The second and third signs suggesting a future big BTC move are somewhat similar, but worth differentiating. On the one hand, whales are accumulating. As reported yesterday, these market participants acquired $4 billion worth of Bitcoin within just two weeks.
Meanwhile, there was the BTC ETF, which defeated previous negative streaks, recording positive streaks from April 17th to April 30th. This trend ended yesterday, with a $56.3 million outflow.
Martinez highlighted these substantial purchases and noted that the accumulation propensity score for BTC approaches 1.
#bitcoin $ BTC The accumulation propensity score approaches 1, indicating that a larger entity, or a significant portion of the network, is accumulating actively. pic.twitter.com/ejavuf8dmb
– Ali (@ali_charts) April 30, 2025
Bonus: The number of Bitcoins sitting in exchange is gradually decreasing, reaching its lowest level in five years. This is another bullish sign of a future price movement for the underlying asset, but Swann analysts explained why it hasn’t responded yet.
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