Bitcoin Nears Critical Support—$135K Breakout Looms as Bulls Take Charge
Bitcoin's price action tightens like a coiled spring—support solidifies as traders eye a historic $135K surge.
Why this rally could defy the skeptics (again)
The king of crypto shrugs off short-term FUD, building a base that screams accumulation. Every dip gets bought faster than a Wall Streeter's third espresso.
Technical breakout or trap? The charts whisper 'parabolic'
RSI cools off just enough to avoid overheating, while volume patterns hint at institutional hands stacking sats. Meanwhile, goldbugs weep into their safe-haven spreadsheets.
One cynical truth: If BlackRock starts offering BTC-denominated golf memberships, we'll know the top is in.
Analyst On Bitcoin: $135K Could Be A Next Crowning Target For BTC
Bitcoin is currently sitting at $114K, moving steadily towards a new high. Per Javon Marks, a notable crypto expert, BTC may aim for them for the longer haul, as bitcoin price is now aiming for a spectacular new high, building support at current levels to hit $135K soon.
Bitcoin's prices could be BUILDING SUPPORT here after recently breaking above a key resisting area and next up could be a HUGE climb above the $135,000 levels!
Prices may only be getting ready to send here…$BTC https://t.co/yMnWhe6GQZ pic.twitter.com/6FZdkdE6PW
Marks had earlier shared how Bitcoin is busy climbing a retest; a spark above could help Bitcoin price stabilize and hit the ambitious $135K:
uh oh.$BTC IS CLIMBING OFF OF THE RETEST!
this could spark a run to levels well beyond $135,000… https://t.co/8vPMVL9hM5 pic.twitter.com/DAKZVCdPGe
$12B Bitwise Suggests New High for the Asset
According to $12B Bitwise Asset Management CIO Matt Hougan, Bitcoin’s next price target is $200K as major companies and institutions continue to dive straight into the token:
12 Billion Bitwise says #Bitcoin should be at $200,000 today.
“I think the number of companies buying bitcoin is going to triple this year. I think Game Theory is on.”
pic.twitter.com/5gbSjGQQzu
