Analyst Sets $105K As Next Bitcoin Price Target — Here’s The Timeline

13 hours ago

After a reasonably optimistic commencement to the caller year, the Bitcoin terms mightiness yet beryllium acceptable to instrumentality off, arsenic revealed by a marketplace analyst. The pundit believes that the flagship cryptocurrency tin reclaim its six-figure valuation implicit the adjacent fewer weeks, peculiarly arsenic a cardinal method indicator has turned bullish.

Why BTC Price Could Be Headed For $105,000 In Three Weeks

In a January 9 station connected the societal media level X, pseudonymous crypto pundit Bitbull shared a affirmative outlook for the Bitcoin terms successful the coming weeks. According to the crypto analyst, the world’s largest cryptocurrency by marketplace capitalization could instrumentality to astir $103,000 and $105,000 successful the adjacent 3 to 4 weeks.

This optimistic prediction is based connected changes successful the Relative Strength Index (RSI) connected the Bitcoin play chart. The comparative spot scale is simply a momentum indicator utilized successful method investigation to measure the magnitude and velocity of an asset’s terms changes.

The RSI oscillator typically analyzes whether a crypto plus (Bitcoin, successful this case) is being overbought oregon oversold, suggesting a imaginable terms oregon inclination reversal. When the comparative spot scale rises supra 70, it usually suggests an overbought marketplace condition, with the asset’s terms apt to witnesser a bearish reversal. On the different hand, an RSI worth beneath the 30 people means that the marketplace is oversold, with the terms perchance reaching a bottom.

BitBull revealed that the Bitcoin play RSI has been successful an extended diminution successful the past 3 months and has lone conscionable breached supra the downward inclination line. According to the marketplace pundit, the method indicator is signaling further upside for the Bitcoin price.

As observed successful the illustration above, the terms of Bitcoin went connected a important rally the past clip the play RSI broke retired of a downward trend. This breakout past occurred successful April 2025, preceding BTC’s rally to its existent all-time precocious of $126,080, representing an astir 50% surge.

This clip around, BitBull expects the Bitcoin price to rise to betwixt $103,000 and $105,000 successful the people of the adjacent 3 to 4 weeks. Hitting this people would correspond an astir 15% rally from the existent terms point.

Bitcoin Price Overview

As of this writing, the terms of BTC sits astir $90,600, reflecting an astir 1% diminution successful the past 24 hours. While the premier cryptocurrency made a beardown commencement to the year, the marketplace has since cooled down.

The Bitcoin terms has been mostly hovering astir the $90,000 mark, with lone a fewer runs supra $91,000 successful the past week. According to information from TradingView, the BTC terms is up by 3% truthful acold successful 2026.