Bitcoin Price Breakout: Will $BTC Hit $140K or Drop to $60K?
Bitcoin is at a critical juncture, with analysts debating two possible price scenarios: a bullish surge past $140,000 or a sharp decline to $60,000 if key resistance levels hold.
Bullish Case: Bitcoin Needs to Break $95K
Crypto analyst Big Mike predicts that if Bitcoin breaks above $95,000, it could quickly rally toward $140K–$150K. His Elliott Wave analysis highlights key Fibonacci levels and consolidation zones, suggesting that a sustained breakout would push BTC into a strong uptrend.
Bearish Case: A Drop to $60K?
On the bearish side, TradingView analyst Alixjey warns that if Bitcoin fails to break past $99,500, a decline toward $63K–$60K is likely. Resistance between $94K–$98K could trigger a correction, marking a “last chance” for investors to accumulate at lower prices.
With Bitcoin hovering around crucial technical levels, the next move will depend on whether it breaks resistance or faces a major pullback.
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