Trader Says Bitcoin Could Reach $105,000 in Weeks on RSI Breakout

Trader BitBull said on X that Bitcoin could hit $103,000–$105,000 within three to four weeks after a breakout on the weekly relative strength index (RSI), even as price action remains rangebound. BitBull noted the weekly RSI broke out of a three-month downtrend that began in September and has held above the breakout line since December, comparing the move to an earlier breakout that preceded months of price gains after April local lows of $75,000.

"$BTC weekly RSI is calling for more upside here. Broke out of its 3-month downtrend and holding above the breakout line," he wrote, and added, "I think BTC could hit $103K-$105K in 3-4 weeks." Other analysts pointed to bullish RSI signals on different timeframes: James Easton said the two-week RSI has flipped bullish and sits at lower levels than during the 2022 bear-market pit, while TradingView data shows a possible hidden bullish divergence on the four-hour chart, which may indicate weakening sell-side pressure as Bitcoin attempts to cement $90,000 as a support zone.

At the same time, Cointelegraph reported traders still expect lower levels, including a revisit of April lows near $75,000 and a possible trip below the 2026 yearly open. Analyst Skew flagged a passive seller around $91,500 quoting about 60–100 BTC at a time, which he said kept price suppressed and suggested buy pressure in the US session came from a clear US buyer.

Key Topics

Crypto, Bitcoin, Bitbull, Relative Strength Index, James Easton, Tradingview