Bitcoin's weekly Stochastic RSI has confirmed a bullish crossover, indicating potential for further gains as momentum builds. Currently trading at approximately $114,524, Bitcoin has been on an upward trajectory since April 2025, consistently setting higher highs and lows. Analysts point to historical patterns where similar crossovers have led to significant rallies, such as the 2024 surge from $25,000 to $75,000 and the 2025 breakout above $100,000. Technical analysis suggests Bitcoin could target resistance levels between $125,000 and $145,000, with a key support trendline forming near $120,000. A breach below this support could trigger a correction toward $95,000 to $100,000. Market sentiment has shifted from fear in 2022 to optimism in 2025, following Bitcoin's rise above the $100,000 mark, according to analyst Doctor Profit.
Bitcoin's Stochastic RSI Crossover Suggests Path to $130K
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