$135,000? Bitcoin uptrend remains intact, analysts say

According to Coingecko, Bitcoin (BTC) has recouped its $85,000 level again, the eighth time it has hit this comfort zone this week.

But don’t be confused by side sleep. According to Titan, a market observer for Crypto, Bitcoin’s bullish structure is “still intact”, with the Fibonacci-based target still being $135,000 in 2025.

$135K prediction

Analysts insist that even if BTC returns key support, the big trend remains optimistic. “The road to high is still open,” he said. “His bold prediction? Bitcoin will be sold for $107,000 first and then released to $135,000 with or without short-term corrections.

In another article, he stressed that cryptocurrencies “progress in megaphone mode”, an expanded formation with at least two higher highs and two lower lows indicating an increase in volatility and a potential trend reversal.

In his estimate, if history is repeated, BTC could reach $186,500, reflecting a historical trend in which the cryptocurrency’s megaphone formation experienced significant price movements in price, such as the peak of nearly $20,000 in 2017, which was then corrected.

However, there is a trap. According to traders, Bitcoin is still stuck under Ichimoku Kumo Cloud, a stubborn resistance zone with momentum lockdown. Apart from tensions, Easter weekend is expected to be liquid from the market, increasing the risk of cryptocurrency price instability.

Over the past 24 hours, BTC oscillated between $84,366 and $85,398, reflecting the market between accumulation and exhaustion. The shrinking, the seven-day performance showed a slight 2.1% increase, which is still enough to surpass the broader crypto market, down 0.8% over the same period.

Whales flock to

Meanwhile, whales and sharks are in a feverish feed as retailers watch sideways in frustration, Santiment reports that wallets holding 10 to 10,000 BTC now control 67.77% of the record asset supply.

These proficient investors have snapped up more than $4.5 billion in 53,600 BTC since March 22, with the latest move being a $250 million buy, just hours before Bitcoin breached $85,000, sparking speculation about compressed access supplies.

Macro investor Kyle Chasse added fuel to the fire, pointing to a surge in the $106.7 trillion liquidity in the central bank, suggesting it could push Bitcoin into a transition. “The next one is Bitcoin,” he declared, posing the first-place cryptocurrency as a hedge against Fiat’s depreciation.

Now, assets stand at a critical junction. The elements of the rally are all there: the accumulation of whales, bullish technology and potential liquidity boom. Still, the $85,000 resistance refused to break.