Bitcoin Price Levels to Watch in 2025 (And Why Context Is Everything)

Mapping Bitcoin’s Key Price Levels for 2025 — and Why $100k Is Just the Beginning

We’re in a new phase of the Bitcoin cycle. With the fourth halving behind us and a steady grind upward through Q1 and Q2, the 2025 price action has been resilient — but also tightly compressed.

If you’ve been reading my previous posts, you’ll know I’ve already laid out some broad levels I’m watching. But with markets evolving fast and price coiling in a narrow range, it’s time to revisit the price map — add some nuance and context to what I still believe are the key benchmarks for this cycle.

Let’s take a fresh look at the levels that matter, and more importantly, why they matter.

$60,000 — Cycle Downside

This remains the psychological and structural support level of the cycle. It’s the largest round number below Strategy’s (formerly MicroStrategy) average BTC purchase price — somewhere near $66,000. With over 500,000 BTC under their control, they’re the closest thing Bitcoin has to a sovereign-style long-term buyer.