Bitcoin (BTC) Price Eyes $120K Breakout as Market Ignores Fed’s July Rate Cut Delay
By: the coin republic|2025/05/15 19:30:12
0
Share
Key Insights:Bitcoin price likely to hit $120k, top experts predict, citing technical trends.Fed rate cuts delayed, but Bitcoin momentum stays intact.Realized cap jumps $30B, signaling fresh capital inflows.Bitcoin price hovered near $103,000 as traders braced for another breakout. Despite the Federal Reserve’s hawkish tone, traders eyed a move toward $120,000 as short liquidations loomed.Data from TradingView showed BTC consolidating after briefly tapping $105,000. Traders remain split, but several forecast a continuation of the uptrend if the flagship crypto reclaims $108,000.Besides, a renowned expert has recently claimed that the leading crypto might breakout to $120k if it clears a key resistance level ahead.$5B Short Liquidation Trigger Nears as Spot Buyers DominateGlassnode data showed a sharp spike in BTC’s spot buying volume this week. The 7-day simple moving average of Bitcoin’s Spot Volume Delta turned positive, reaching $5 billion on May 13. That surge indicates aggressive spot market participation, typically preceding strong upward moves for Bitcoin price.Bitcoin Realize cap. Source: GlassnodeThe rally is led by real demand rather than leverage. Glassnode also reported a $30 billion increase in Bitcoin’s Realized Cap since April 20. This metric, which calculates the total BTC value based on the last moved price, is growing at 3% monthly in May.“This is not just speculative leverage; this is real conviction,” said one Glassnode analyst.Analyst @HolaItsAk47 pointed to a massive short squeeze risk. He warned that over $5 billion in Bitcoin shorts could get liquidated at $115,000.Short squeeze brews above | $104K Bitcoin price level. Source: X“The squeeze is real. Are you positioned right?” he asked his followers.Can Bitcoin Price Surge Despite Waning Fed Rate Cut Bets?CPI data on May 13 showed inflation cooling faster than expected, which initially sparked hopes of a Bitcoin price rally ahead. However, this did little to shift market expectations for U.S. interest rate cuts. The Federal Reserve’s tone remains cautious despite softening inflation.“US CPI came in below expectations, providing a welcome reprieve,” QCP Capital noted in a Telegram bulletin. “Still, the Fed remains cautious.”According to the CME FedWatch Tool, markets now price in two rate cuts in 2025, down from four expected just a month ago. The next potential cut is seen in September, not July, as previously hoped.Despite the shift in macro sentiment, BTC’s price action appears disconnected from rate expectations in the short term.“Even though $BTC looks great IMO, I still stand by the fact that it probably moves sideways from here for a while,” trader Byzantine General posted on X. “If BTC remains calm, then alts can do their own thing.”Technical Indicators Signal Bitcoin Price Surge AheadBitcoin’s weekly MACD just made a bullish crossover, according to @AkaBull_. He noted that similar setups in the past triggered major rallies, with Bitcoin price posting multi-month gains.MACD crossover hints at new BTC rally phase. Source: X“History says this move could push BTC toward new highs,” he posted. “Next stop: $130K–$160K.”CrediBULL Crypto also highlighted the bullish structure forming in the BTC/USDT pair. He explained that BTC’s recent higher low formation could be the base for another leg up.“I’ve seen this sort of structure develop quite a few times before,” he said. “More often than not, it leads to continuation.”Bitcoin Price Consolidation: What Lies Ahead?Market consensus points to a calm phase before renewed upside. Analyst Roman, among others, suggests a breakout to $120,000 is possible if Bitcoin price holds above $103,000 and clears $108,000.With capital inflows rising, spot demand accelerating, and shorts piling near liquidation thresholds, traders remain watchful.Whether the macro headwinds delay Bitcoin’s larger bull cycle remains uncertain. But in the short term, bulls see room to push higher—rate cuts or not.The post Bitcoin (BTC) Price Eyes $120K Breakout as Market Ignores Fed’s July Rate Cut Delay appeared first on The Coin Republic.
You may also like

The migration of settlement rights: B18 and the institutional starting point of on-chain banks
In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment
The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.

The second half of stablecoins no longer belongs to the crypto circle
What Coinbase doesn't want, Mastercard is eager to buy.

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation
Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Provide an Investor Relations Best Practices Guide for Crypto Projects.

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?
If it can really earn this much, what is the reason for the low price of $PUMP?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations
Investor Relations Practice Guide for Cryptocurrency Projects.

Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.

Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.

When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Hardness is a protocol-level commitment to Ethereum core properties, including censorship resistance, privacy, security, and permissionlessness.

Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
The real enemy is no longer each other, but zero cost itself
The migration of settlement rights: B18 and the institutional starting point of on-chain banks
In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.
From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment
The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.
The second half of stablecoins no longer belongs to the crypto circle
What Coinbase doesn't want, Mastercard is eager to buy.
Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation
Cursor was accused of being based on Kimi K2.5, which sparked controversy, and was later confirmed to be compliant through Fireworks AI due diligence.
The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Provide an Investor Relations Best Practices Guide for Crypto Projects.
Is the income of pump.fun real, earning a million dollars a day despite the market downturn?
If it can really earn this much, what is the reason for the low price of $PUMP?