Analyst Says BTC’s New Price Floor Could Reach $110K
James Check, an expert, that the price floor for BTC has moved up, and that $110,000 is now a excellent begining point for the cryptocurrency. According to Check, this change in attitude indicates the growing strength of BTC and its current market value, which is approximately $2.42 trillion.
This increase in the floor price indicates that investors are more confident in BTC’s long-term prospects and its potential for future gains. Check denotes an apparent reason why BTC dropped back to $95,000. Most coins were bought above that price threshold, so that level is now more of a floor than a ceiling.
Milestones In Market Capitalization Build Trust
The expert emphasised that market cap has demonstrated resilience by surpassing key levels, increasing from $1 trillion in 2024 to $2 trillion in 2025. This growth lays a strong base that could sustain higher valuations in the future.
James Check said that with these milestones, investors no longer have to ask if BTC will go up, but how high it might go. These prices have established a solid foundation that supports hopes for further growth and paves the way for higher price targets.
Bullseye $150,000 Next
According to Check, BTC’s next logical stop may be $150,000, which would put its market cap at about $3 trillion. Other industry analysts, such as Alex Thorn of , who predicted BTC could reach between $150,000 and $185,000 in 2025, also concur with this forecast.
This rise would mean a gain of almost 23.5% from BTC’s current price of about $121,000. Charles Edwards, founder of , believes that regaining key psychological levels, such as $120,000, could trigger a swift ascent towards new all-time highs.
Bullish Control Stays
James Check says that the bullish case for BTC is still extreme, and that if it drops to lower levels like $95,000, it would show that bulls are fragile. If BTC can’t hold this new floor, the rally will stop for a long time. Currently, indicators suggest continued purchasing enthusiasm and increasing momentum.
The new $110,000 floor is a excellent indicator for BTC’s future in 2025. It prompts investors to raise their targets and anticipate further growth in the world’s largest cryptocurrency. James Check, an analyst, says that $110,000 is BTC’s new . This indicates that BTC’s price has a solid foundation, and investors should increase their expectations for 2025.
