Bitcoin analysts predict that BTC could rise to $140,000 in the coming months, with some estimates going as high as $225,000 to $350,000. Technical analysis suggests that Bitcoin is showing signs of recovery and that a bullish scenario is more likely.
Crypto analysts say that Bitcoin (BTC) could see a significant price increase in the coming period. Various analyses and indicators support Bitcoin’s potential rise.
Analyst Jelle predicts that Bitcoin could reach $140,000 in the next three months. This prediction is based on the “Cup and Handle” formation observed on the BTC chart. Similarly, Titan of Crypto also states that Bitcoin could reach $140,000 at the beginning of the new year. However, he notes that this level is not the final peak and that the BTC price could go up to $150,000.
Some analysts are making more ambitious predictions. Engineer Ted Boydston says Bitcoin could rise to $225,000, which could start the biggest bull run in BTC history, while finance writer Robert Kiyosaki predicts Bitcoin could reach $350,000 by 2025.
Crypto analyst Ali Martinez says Bitcoin is showing signs of recovery. If BTC breaks above the $94,800 level, the price could rise to $95,300 and $96,000. However, if it falls below $93,600, the price could fall to $84,000, he warns.
According to OKX data, Bitcoin is experiencing an increase in the Buyers’ Buy/Sell ratio. This indicates that investors are increasing their Bitcoin holdings and aggressive buying is ongoing. Technical indicators and investor confidence indicate that the bullish scenario is strong.
Whether Bitcoin can reach $140,000 will depend on market dynamics and global economic developments. However, technical analysis and investor trends suggest that Bitcoin has significant upside potential in the coming months. It is important for investors to carefully monitor critical support and resistance levels.