Bitcoin price levels to watch
From a price standpoint, TradingShot expects any gains in the coming quarters to remain corrective.
Historically,
$BTC Bitcoin has not made new all-time highs between a quarterly RVGI bearish cross and the eventual cycle bottom, instead spending months stabilizing and rebuilding momentum.
Within this context, the $145,000 target is assigned to the next bull cycle. If a bottom forms in late 2026, a prolonged accumulation period into mid-2027 would likely follow before a sustained breakout.
Accordingly, TradingShot’s outlook sees late 2027 or 2028 as the most realistic window for Bitcoin to reach $145,000, once quarterly momentum turns decisively higher again.
Bitcoin price analysis
By press time, Bitcoin was trading at $82,444, having declined by a modest 0.2% over the past 24 hours, while on the weekly chart the leading cryptocurrency was down nearly 8%.
Overall, Bitcoin continues to show signs of bearishness, trading well below its key trend indicators. The 50-day SMA is near $89,828, while the 200-day SMA stands much higher at about $104,184.
With price below both averages and the short-term SMA beneath the long-term one, momentum remains negative, pointing to an ongoing corrective or consolidation phase rather than a renewed uptrend.
However, downside pressure is easing with the 14-day RSI at 33.4, which sits just above oversold levels, signaling weak momentum but also suggesting that selling intensity is moderating.
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