Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10

Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin Price to $140,000 or $67,000? Analyst weighs in on interesting BTC setup
Bitcoin

Bitcoin Price to $140,000 or $67,000? Analyst weighs in on interesting BTC setup

2025-01-12No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

After an unexpected bearish plot twist this past week, Bitcoin’s price action was quite quiet this past weekend, with BTC barely holding above the $94,000 level. The leading cryptocurrency briefly fell below this price line on Saturday, January 11, before rising as high as $94,870.

Interestingly, a top analyst on social media platform Could a bullish breakout be in store for BTC’s price, or is a deep correction the most likely scenario?

Bitcoin’s performance in the coming weeks

In a recent post on X, popular crypto analyst Ali Martinez said weighed about the trajectory of the Bitcoin price in the coming weeks. According to the market expert, the flagship cryptocurrency is currently set up in such a way that it could see a rise to $140,000 or a pullback to around $67,000.

Related reading

These projections are based on the formation of two patterns, namely the head-and-shoulders and the bull pennant, on BTC’s 12-hour price chart. The pennant pattern is characterized by a price rise (the flagpole), followed by a consolidation range with converging trend lines (the pennant), while the head-and-shoulders formation (as the name suggests) is characterized by three distinct price highs, including a higher ‘ head’ between two lower ‘shoulders’.

The pennant chart formation often acts as a bullish continuation pattern, indicating the continuation of an upward price trend. The head and shoulders pattern, on the other hand, usually indicates a potential bearish reversal, which signals a shift from an uptrend to a downtrend.

Bitcoin price
Source: Ali_charts/X

As seen in the chart above, Bitcoin price has yet to break below the neckline of the head-and-shoulders pattern, which often serves as confirmation for the trend reversal. If the leading cryptocurrency breaks the neckline at around $93,000, the price could drop to $67,000.

See also  Bitcoin hits $61,000 as the Federal Reserve cuts interest rates for the first time in four years

However, Martinez pointed out that the next target could be higher if Bitcoin price stays above the neckline and breaks the bull pennant pattern. If this happens, a bullish rise to around $140,000 could be in store for the market leader’s price. This would represent a rally of almost 50% from the current price.

Bitcoin price at a glance

At the time of writing, the price of BTC stands at around $94,600, reflecting no significant change in the past 24 hours. According to CoinGecko data, the leading cryptocurrency has fallen by almost 4% over the past seven days.

Related reading

Bitcoin price
The price of BTC on the daily time frame | Source: BTCUSDT chart on Trading view

.Featured image from iStock, chart from TradingView

Source link

Analyst Bitcoin BTC Interesting Price Setup weighs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

Is Bitcoin price on its way to $ 137K? Markt -Expert says that BTC broke out since November 2024

2025-05-10

Bitcoin 6-month flight plan up to $ 188,000, here is the route map

2025-05-10

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Bitcoin Price at Crossroads: Will It Stabilize and Rise Again?

2024-12-09

Ethereum Foundation Adds Pressure to the Market with $1.68 Million in ETH Sales

2024-01-22

No all-time high for Bitcoin in 2023, former BitMEX head Arthur Hayes predicts

2023-05-29
Editors Picks

Unique fair pricing model puts XRP price higher than Bitcoin, here’s how much

2023-11-02

Forget ETFs, let’s work on tokenizing the entire value chain

2024-02-08

Worldcoin global ID demand doubles despite regulatory hiccup, WLD token turbulence

2023-08-07

US CPI Surprise Sparks Rate Cut Hopes: Will Bitcoin finally break through $ 90k?

2025-03-13
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,226.431.29%
  • ethereumEthereum(ETH)$2,521.527.45%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.422.49%
  • binancecoinBNB(BNB)$660.26-1.83%
  • solanaSolana(SOL)$175.371.86%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.24642119.46%
  • cardanoCardano(ADA)$0.824.95%
  • tronTRON(TRX)$0.2642870.60%
  • suiSui(SUI)$4.236.83%
  • chainlinkChainlink(LINK)$16.975.50%
  • avalanche-2Avalanche(AVAX)$25.328.53%
  • stellarStellar(XLM)$0.3150145.79%
  • shiba-inuShiba Inu(SHIB)$0.0000168.80%
  • hedera-hashgraphHedera(HBAR)$0.2150625.58%
  • hyperliquidHyperliquid(HYPE)$26.095.07%
  • the-open-networkToncoin(TON)$3.495.54%
  • bitcoin-cashBitcoin Cash(BCH)$423.002.10%
  • polkadotPolkadot(DOT)$5.154.92%
  • litecoinLitecoin(LTC)$103.36-2.13%
  • unus-sed-leoUNUS SED LEO(LEO)$8.20-6.22%
  • moneroMonero(XMR)$323.872.19%
  • bitget-tokenBitget Token(BGB)$4.929.33%
  • pepePepe(PEPE)$0.0000136.74%
  • piPi(PI)$0.775.05%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2911.65%
  • bittensorBittensor(TAO)$457.495.28%
  • nearNEAR Protocol(NEAR)$3.2611.54%
  • aptosAptos(APT)$6.016.52%
  • ondo-financeOndo(ONDO)$1.086.29%
  • aaveAave(AAVE)$223.355.39%
  • okbOKB(OKB)$55.941.01%
  • ethereum-classicEthereum Classic(ETC)$20.305.18%
  • internet-computerInternet Computer(ICP)$5.754.44%
  • kaspaKaspa(KAS)$0.1109565.27%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.12-2.53%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2679954.45%
  • render-tokenRender(RENDER)$5.387.23%
  • crypto-com-chainCronos(CRO)$0.1031490.51%
  • gatechain-tokenGateToken(GT)$22.26-0.79%
  • vechainVeChain(VET)$0.0316234.51%
  • mantleMantle(MNT)$0.780.58%
  • ethenaEthena(ENA)$0.41083711.15%
  • arbitrumArbitrum(ARB)$0.47040524.05%
  • algorandAlgorand(ALGO)$0.2492026.43%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • filecoinFilecoin(FIL)$3.194.36%
  • bitcoinBitcoin(BTC)$104,226.431.29%
  • ethereumEthereum(ETH)$2,521.527.45%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.422.49%
  • binancecoinBNB(BNB)$660.26-1.83%
  • solanaSolana(SOL)$175.371.86%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.24642119.46%
  • cardanoCardano(ADA)$0.824.95%
  • tronTRON(TRX)$0.2642870.60%
  • suiSui(SUI)$4.236.83%
  • chainlinkChainlink(LINK)$16.975.50%
  • avalanche-2Avalanche(AVAX)$25.328.53%
  • stellarStellar(XLM)$0.3150145.79%
  • shiba-inuShiba Inu(SHIB)$0.0000168.80%
  • hedera-hashgraphHedera(HBAR)$0.2150625.58%
  • hyperliquidHyperliquid(HYPE)$26.095.07%
  • the-open-networkToncoin(TON)$3.495.54%
  • bitcoin-cashBitcoin Cash(BCH)$423.002.10%
  • polkadotPolkadot(DOT)$5.154.92%
  • litecoinLitecoin(LTC)$103.36-2.13%
  • unus-sed-leoUNUS SED LEO(LEO)$8.20-6.22%
  • moneroMonero(XMR)$323.872.19%
  • bitget-tokenBitget Token(BGB)$4.929.33%
  • pepePepe(PEPE)$0.0000136.74%
  • piPi(PI)$0.775.05%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2911.65%
  • bittensorBittensor(TAO)$457.495.28%
  • nearNEAR Protocol(NEAR)$3.2611.54%
  • aptosAptos(APT)$6.016.52%
  • ondo-financeOndo(ONDO)$1.086.29%
  • aaveAave(AAVE)$223.355.39%
  • okbOKB(OKB)$55.941.01%
  • ethereum-classicEthereum Classic(ETC)$20.305.18%
  • internet-computerInternet Computer(ICP)$5.754.44%
  • kaspaKaspa(KAS)$0.1109565.27%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.12-2.53%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2679954.45%
  • render-tokenRender(RENDER)$5.387.23%
  • crypto-com-chainCronos(CRO)$0.1031490.51%
  • gatechain-tokenGateToken(GT)$22.26-0.79%
  • vechainVeChain(VET)$0.0316234.51%
  • mantleMantle(MNT)$0.780.58%
  • ethenaEthena(ENA)$0.41083711.15%
  • arbitrumArbitrum(ARB)$0.47040524.05%
  • algorandAlgorand(ALGO)$0.2492026.43%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • filecoinFilecoin(FIL)$3.194.36%