When The Bitcoin Price Will Jump To $140,000

Crypto analyst Jelle has provided a bullish outlook for the Bitcoin price for the remainder of this market cycle. The analyst predicted that the flagship crypto will reach $140,000 and revealed when this price surge could likely happen.

In an X post, Crypto Jelle predicted that the Bitcoin price could rally to $140,000 in the next three months.

The analyst highlighted a cup and handle pattern, which put BTC’s price target at this level.

Crypto analyst Titan of Crypto also suggested that Bitcoin could rally to $140,000 in the next three months.

In an X post, the analyst shared an accompanying chart, which he tagged as the ‘Bitcoin 2025 Roadmap’.

The chart showed that the Bitcoin price could reach $140,000 at the start of the new year.

Other market experts have even provided a more bullish outlook for the flagship crypto. Engineer Ted Boydston predicted that BTC could hit $225,000, the biggest bull run for the flagship crypto.

Renowned finance author Robert Kiyosaki predicted that the flagship crypto will hit $350,000 in 2025. While it remains to be seen if the flagship crypto could reach such heights, fundamentals such as Donald Trump’s inauguration support a bullish continuation.

A Price Rebound Is Imminent

In an X post, crypto analyst Ali Martinez stated that the Bitcoin price could be preparing for a rebound.

The analyst mentioned that Bitcoin is showing a bullish divergence on the hourly chart against the Relative Strength Index (RSI).

The analyst added that the percentage of Binance traders going long on BTC has increased from 53.12% to 64%. These traders are said to have a solid record of being right.

Martinez further stated that the Bitcoin price needs to break above $94,800 to confirm this rebound.

Warning: If Bitcoin Drops Below $93,600

However, the analyst warned that if Bitcoin drops below $93,600, the bull case is off the table as the flagship crypto could drop to $84,000 or even $70,000.

New Evidence Supports Bullish Outlook

In another X post, the analyst revealed that there was a spike in Bitcoin’s Taker Buy/Sell ratio on the top crypto exchange OKX.

This indicates a surge in aggressive buying, which is a sign of upward momentum ahead.

In conclusion, while there are several factors that support a potential Bitcoin price surge, it is essential to be aware of potential pitfalls and maintain a cautious approach.

FAQs

What is the predicted Bitcoin price by Crypto Jelle?

Crypto Jelle predicted that the Bitcoin price could rally to $140,000 in the next three months.

Who else has provided a bullish outlook for Bitcoin?

Other market experts, including Engineer Ted Boydston and renowned finance author Robert Kiyosaki, have provided more bullish outlooks for Bitcoin, predicting prices of $225,000 and $350,000, respectively.

What is the bullish divergence on the hourly chart against the Relative Strength Index (RSI)?

A bullish divergence on the hourly chart against the Relative Strength Index (RSI) indicates a potential price rebound for Bitcoin.

What percentage of Binance traders are going long on BTC?

The percentage of Binance traders going long on BTC has increased from 53.12% to 64%, which could be a sign of upward momentum ahead.