Bitcoin Shows Potential for Supercycle Rally Targeting $135K Amid Bullish Momentum and Market Factors
The post Bitcoin Shows Potential for Supercycle Rally Targeting $135K Amid Bullish Momentum and Market Factors appeared on BitcoinEthereumNews.com.
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 MACD collectively signal that Bitcoin’s upward trajectory is in its early stages, with substantial growth potential remaining. COINOTAG highlights that recent U.S. debt ceiling adjustments and expanding global liquidity are enhancing Bitcoin’s appeal as a safe-haven asset, supporting its advance beyond $140,000. Bitcoin’s breakout confirms a supercycle rally, driven by strong technical signals and macroeconomic factors, targeting $135K and beyond amid short seller liquidations. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin’s Confirmed Breakout Sparks Supercycle Rally and Short Squeeze Potential Following a decisive breakout above its previous all-time high near $104,400, Bitcoin has entered a robust bullish phase that signals the onset of a supercycle rally. This breakout effectively ended the recent downtrend, with the price holding firm during retests, demonstrating strong market support. Analyst Mr. Wall Street emphasizes that Bitcoin’s current trajectory targets a range between $135,000 and $140,000, a zone characterized by a significant liquidity pool where over $45 billion in short positions are vulnerable to liquidation. This dynamic is expected to intensify buying pressure as market participants rush to cover shorts, further propelling Bitcoin’s price upward. Technical Indicators Validate Early-Stage Bullish Momentum Multiple technical metrics reinforce the bullish outlook. The Market Value to Realized…
Filed under: News - @ July 13, 2025 7:15 pm