Is Bitcoin Heading To $135,000 Or Stopping In Its Tracks?

EanB...n5vb

8 Aug 2025

The cryptocurrency market is experiencing a moment of tension, euphoria, and anticipation. Traders are closely watching every candle, every breakout, and every critical support. Recent days have made it clear that BULLISH SENTIMENT IS NOT DEAD, but the resistance levels ahead could become impossible walls to climb... or springboards to new all-time highs.

We review the predictions and technical analyses of the 10 most relevant cryptocurrencies in the market, based on key levels, chart patterns, and the pulse of both whales and retailers.

📌 BTC: Between Glory and Correction

The market king has solidly regained ground, breaking through short resistance levels and awakening risk appetite. However, the real challenge lies ahead: the $120,000 to $123,218 zone. The cost basis for recent buyers is around $116,900. Holding above this level would be a clear sign that "demand is taking over". But a close below could drag BTC to ~$110,000.

Bullish scenario: Break above $123,218 and clear the path to ~$135,000.
Bearish scenario: Loss of support at $113,111 (SMA 50) and possible accelerated decline to ~$110,000.

📌 ETH: The titan that wants $4,868

Ethereum has left its corrective phase behind, breaking key resistance levels at $3,745 and $3,941. It now faces the psychological and technical wall at $4,094, where sellers are expected to emerge en masse.

If it breaks through that level, the target is ambitious: $4,868.
If it fails, we could see consolidation between $3,400 and $4,000.

📌 XRP: Looking to Break the Ceiling at $3.66

Ripple has surprised with a rally from $2.95, breaking above the moving averages and approaching critical resistance at $3.66.

A close above would open the door to renewed bullish momentum.
But if it breaks below the 20-SMA, we would see the $2.95 zone again and clear bearish dominance.

📌 BNB: Eyes on the All-Time High

Binance Coin managed to break the 20-SMA at $779, and the path now leads to $794 and $815. Breaking through that barrier could lead us to test the all-time high at $861. The risk is clear: breaking below $761 would open a pullback to $732 and even $712.

📌 SOL: The Battle of the Moving Averages

Solana resisted selling pressure below the 50-SMA at $163 and is now looking toward $178 and $185. A strong breakout could propel the price toward $195. Conversely, if the support zone between $155 and $163 gives way, the price could fall to $144 or $137.

📌 DOGE: The Game of Patience

The most famous memecoin is moving without a clear advantage for bulls or bears. Breaking through the 20-SMA at $0.22 would open the way to the $0.25–$0.26 zone. If it fails to do so, DOGE could remain trapped between moving averages for several sessions.

📌 ADA: Heading for the Dollar

Cardano bounced strongly from its 50-SMA at $0.69 and is already eyeing $0.86 and $0.94. A sustained break above $0.94 could take it to $1.17. However, if it loses the 20-SMA at $0.78, sideways consolidation will again be the most likely scenario.

📌 HYPE: The Struggle Against the Bears

HYPE is struggling at the moving averages. If it fails to break them upward, sellers will seek to drag it below $36, opening a decline to $32. A bullish breakout could change the outlook and signal that the correction is over.

📌 XLM: Shining Again

Stellar broke the 20-SMA at $0.42 and is targeting $0.46 and $0.52. If it overcomes the major resistance, the target expands to $0.61. Losing the 50 SMA at $0.35 would return control to the bears.

📌 SUI: On the Road to $5

SUI has recovered from the 50 SMA at $3.36 and is now looking to break above the 20 SMA to project towards $4.30 and $5. If it fails to hold, the sideways range will once again dominate the price.

The crypto market is at a crossroads. Bitcoin defines the pulse; breaking above $123,218 could trigger a historic rally that drags altcoins down. But a pullback below key support levels could ignite a correction that erases much of the recent gains. In this scenario, risk management is as important as market acumen. The trader who survives will not be the fastest or the most aggressive, but the one who understands that: EUPHORIA AND FEAR ARE JUST TWO SIDES OF THE SAME COIN.

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