Bitcoin Shows Potential for Supercycle Rally Targeting $135K Amid Bullish Momentum and Market Factors
2025-07-13 19:25:12
Main Idea
Bitcoin's breakout above its previous all-time high signals a potential supercycle rally targeting $135K-$140K, driven by technical indicators and macroeconomic factors, with further upside potential to $160K-$170K.
Key Points
1. Bitcoin's breakout above $104,400 confirms a supercycle rally, with analyst targets between $135,000 and $140,000, where over $45 billion in short positions are vulnerable to liquidation.
2. Technical indicators like MVRV ratio, RSI, and MACD show bullish momentum, suggesting significant upside potential without immediate correction risks.
3. Macroeconomic factors, such as U.S. federal debt ceiling increases and monetary supply expansion, bolster Bitcoin's safe-haven status and price appreciation.
4. Future price targets include a brief retest around $112,000, followed by resistance at $135,000 and a more ambitious range of $160,000-$170,000, potentially liquidating $70 billion in short positions.
5. The article highlights Bitcoin's sustained bullish phase, with technical and macroeconomic conditions supporting further gains.
Description
Bitcoin has initiated a significant supercycle rally, breaking past key resistance levels and setting sights on a $135,000 target amid strong bullish momentum. Technical indicators such as MVRV, RSI, and
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