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If This Happens, Bitcoin Price Will Shoot To $140,000, Says Analyst

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If This Happens, Bitcoin Price Will Shoot To $140,000, Says Analyst - NewsBTC

Quick Summary:

Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Fibonacci extension targets appear at approximately $114,693 (1.618 extension) which could be the target for wave (3), followed by a corrective move to $102,000 before starting wave 5 which aims for $137,727 (2.618 extension), or even a final leg near $150,000 aligns with wave c(3).

In a newly published chart, Elliott Wave specialist and crypto analyst Big Mike (@Michael_EWpro) outlines a precise roadmap for Bitcoin’s price action, indicating that a break above $95,000—or a bounce from lower support near $72,895—could propel BTC toward the $130,000–$140,000 region.

Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says Volume profiles indicate subdued participation during recent corrective phases, alongside a neutral Stochastic RSI reading that suggests momentum could shift decisively depending on which price threshold gives way first.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-08 @ 00:30:49 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 62 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26732805

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 3 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 18 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/if-this-happens-bitcoin-price-17413981901333

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