when Bitcoin could reach $137,000, says analyst
A top crypto analyst sees a clear path for Bitcoin (BTC) to hit $137,000 within the next 1–2 months.
In an August 11 post, TradingView analyst MasterAnanda highlighted Bitcoin’s 3-day chart showing strong bullish momentum, placing it on track for its next major milestone at $137,000.
“Bitcoin is now trading at its highest level since the all-time high — right at resistance, pushing hard, ultra-bullish,” he noted.
His outlook also considers altcoin trends as a directional clue: if altcoins rise while Bitcoin consolidates, it often signals further upside. He pointed to Ethereum’s recent multi-year highs as a bullish confirmation.
Additional insights from TradingShot suggest Bitcoin could even touch $148,000 by late September 2025, backed by a bull flag pattern and 2.0 Fibonacci extension.
On-chain data also supports the rally — August 9 saw 364,126 new Bitcoin addresses created, the highest in a year, reflecting growing retail and institutional interest.
As of now, Bitcoin trades at $120,512, up 5.36% over the past week and 1.71% in the last 24 hours, testing resistance near its previous all-time high of $123,091 with technicals signaling more room to climb.