The post Bitcoin Blow-Off Top? BTC Eyes $140K, ETH $6K appeared on BitcoinEthereumNews.com.

Crypto market volatility tied to tariffs and rate expectations keeps sentiment neutral. Bitcoin and Ethereum continue forming higher highs and higher lows on monthly charts. Dan McDermitt highlights risk of a blow-off top if prices surge into extreme euphoria. Bitcoin and Ethereum remain in an uptrend, holding higher highs and lows despite the latest volatility at the fag end of September. Analysts warn of a potential blow-off top if prices surge into euphoric extremes, with BTC levels near $140,000 and ETH above $6,000 marking possible triggers. The crypto market has seen sharp swings over the past four months, with Bitcoin and Ethereum weathering volatility tied to macro events such as tariffs and interest rate expectations. Historically, September has been a weak month for digital assets. With fear and greed indicators still in neutral territory, experts say the market has not yet reached the levels of ‘extreme euphoria’ that typically mark the end of a cycle. Market Volatility and Seasonal Weakness Uptrend Still Intact Despite the swings, the longer-term picture still points to an intact uptrend. Both Bitcoin and Ethereum continue to form higher highs and higher lows on the monthly chart, meaning that consolidation could simply set the stage for the next advance.  Watching for a Blow-Off Top However, Dan McDermitt, co-founder of The Chart Guys, is paying close attention to the possibility of a blow-off top, a pattern seen in previous cycles such as 2017 and 2021. “I am watching for what I would call a blowoff top kind of scenario where everybody’s euphoric, prices are shooting up, and then that marks the top,” he said. Such moves are typically defined by vertical price action, surging volumes, and overextended sentiment. Support and Key Levels Bitcoin is currently consolidating around key support levels. The analyst said that even a pullback…

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Filed under: News - @ September 29, 2025 9:27 am