🚀 Bitcoin to $140K? Top Analyst Drops Bombshell Price Target

Bitcoin's next bull run might rewrite the rules—again. One prominent analyst just slapped a $140,000 price target on the king of crypto, and traders are scrambling to front-run the move.

### The $140K Gambit

No fancy models, no hedge fund jargon—just a clean chart and a trader with a track record. The thesis? Institutional FOMO hasn't even started yet. BlackRock's ETF was just the appetizer.

### Wall Street's Late Arrival

Traditional finance spent years scoffing at Bitcoin. Now they're repackaging it as 'digital gold' for boomers—with a 2% management fee, naturally.

### The Cynic's Corner

Sure, $140K sounds outrageous. But so did $10K back in 2017. The real question isn't 'if'—it's which bank will try to sell you a leveraged BTC structured product right before the crash.

After a shaky start to the week, Bitcoin has bounced back strongly, now trading around $107,000 with a 5% recovery. But according to popular crypto analyst Crypto Rover, this could be just the beginning. 

He believes bitcoin is preparing for its next major breakout, and this one might send prices soaring to $140,000.

Bitcoin Price Eying $140k

In a recent tweet post, crypto analyst Crypto Rover believes Bitcoin is currently forming a bullish pattern known as a “bull flag,” which often leads to explosive upward moves in past Bitcoin cycles.

He notes that Bitcoin has now spent nearly 200 days in sideways consolidation, a phase very similar to ones seen before earlier bull runs.

In his view, once Bitcoin breaks past the $110,000 resistance, the path to $130K–$140K could open up rapidly. “This could be the final run-up,” Rover said, calling it “the most hated rally” as many remain skeptical during the consolidation phase.

On-Chain Data Supports the Breakout

Adding to Rover’s bullish thesis, data from CryptoQuant reveals that only 40,000 BTC per day is currently being sent to exchanges, the lowest level seen in over a decade. 

Historically, such low flows have coincided with market bottoms and the start of major rallies, including in 2016, 2019, and most recently in 2023.

At the same time, Bitcoin spot ETFs are showing strong institutional demand. According to Fairside data, there have now been two consecutive weeks of inflows, with $588.55 million added on June 24 alone.

Ethereum Eyeing $4000 Mark

While the spotlight is on Bitcoin, Crypto Rover also has high hopes for ethereum (ETH). Backed by a $4.4 million long position, he expects ETH to rise significantly, especially with signs of heavy accumulation from institutions like BlackRock. 

He has predicted that the ETH price could range between $2,600 and $4,000, depending on how the breakout unfolds.

He further added that current funding rates on both BTC and ETH are NEAR zero or even negative, another classic sign of a bullish bottom forming.