Bitcoin (BTC) has made a strong comeback, reclaiming the $110,000 level after briefly dipping below $107,000. As traders gear up for a critical week, the crypto market is set to face a mix of macro uncertainty, bond market stress, and upcoming U.S. inflation data. Here are five key things to know in Bitcoin this week.
1. BTC Price Targets Fresh All-Time Highs
Bitcoin is currently trading around $109,753, showing signs of renewed bullish momentum. The recent bounce has analysts eyeing a potential breakout toward new all-time highs above $120,000, with some models suggesting a $155,000 trigger point if key resistance levels are flipped.
“A weekly close above $110,000 could be the next launchpad,” said crypto analyst Josh Rager.
2. Federal Reserve & Inflation in Focus
This week, the Federal Reserve’s preferred inflation gauge, the PCE (Personal Consumption Expenditures), is due for release. With the Fed holding off on interest rate cuts, higher-than-expected inflation may keep markets volatile.
“Sticky inflation means tighter conditions — not ideal for risk assets like crypto,” noted macro economist Lynn Alden.
No clear signs of rate cuts are adding pressure across both equities and digital assets.
3. Bond Market Stress Signals Risk-Off Sentiment
The U.S. bond market is flashing warning signs, with yields rising and indicating a potential liquidity crunch. A bond sell-off could spill into broader markets, impacting Bitcoin’s near-term trajectory.
“If yields keep rising, Bitcoin may struggle to hold $110K,” one analyst warned.
4. Exchange Activity: Whales in Control?
Data from CryptoQuant shows that the taker buy/sell ratio is declining, suggesting weakened demand on exchanges. This could indicate a cooling bullish momentum. However, one notable whale has been drawing attention for successfully longing and shorting BTC in a volatile range — possibly manipulating short-term moves.
“He’s been playing both sides — and so far, he’s winning,” said trader Daan Crypto.
5. Funding Rates Remain Neutral — A Bullish Sign
Interestingly, Bitcoin funding rates remain relatively flat, despite the price nearing previous highs. This suggests that overleveraged longs are not dominating the market — a healthy sign for further upside potential.
“No spike in funding = less chance of a squeeze. This rally has room to run,” shared analyst Rekt Capital.
Conclusion
As Bitcoin navigates this pivotal macro week, all eyes remain on the $110K support, Fed’s inflation data, and how whales and institutional players position themselves. With no major red flags in derivatives markets, the path toward $155,000 BTC may remain open — if bulls can weather the macro storm.