$BTC Bitcoin Price Could Run Up To $131,000 — But It Must Hold Above This Level

Bitcoin has been showing serious strength lately, and some analysts believe the rally could just be getting started. According to recent technical analysis, BTC could surge all the way up to $131,000 — but there’s a catch: it must hold above a critical support level first.

Currently, Bitcoin needs to maintain a strong footing above the $60,000–$62,000 range. This zone is acting as a major support that, if broken, could trigger a sharp correction. However, if bulls manage to defend this level and momentum continues building, Bitcoin could enter a powerful breakout phase, opening the door to a run toward six figures.

Several factors are fueling this optimism:

Institutional demand remains strong, with ETFs and large-scale investors accumulating.

Supply on exchanges is at multi-year lows, tightening available BTC for buyers.

Macro trends like inflation concerns and weakening fiat currencies are pushing investors toward alternative assets like Bitcoin.

However, volatility remains high. Traders are urged to watch key levels closely and manage risk accordingly.

If Bitcoin can stay strong here, the road to $100,000+ might not be as far away as many once thought.

Are you ready for the next major move?