Analyst Sets $105K As Next Bitcoin Price Target — Here’s The Timeline
After a reasonably optimistic begin to the brand new 12 months, the Bitcoin worth may lastly be able to take off, as revealed by a market analyst. The pundit believes that the flagship cryptocurrency can reclaim its six-figure valuation over the following few weeks, notably as a key technical indicator has turned bullish.
Why BTC Price Could Be Headed For $105,000 In Three Weeks
In a January 9 put up on the social media platform X, pseudonymous crypto pundit Bitbull shared a optimistic outlook for the Bitcoin worth within the coming weeks. According to the crypto analyst, the world’s largest cryptocurrency by market capitalization might return to round $103,000 and $105,000 within the subsequent three to 4 weeks.
This optimistic prediction relies on modifications within the Relative Strength Index (RSI) on the Bitcoin weekly chart. The relative power index is a momentum indicator utilized in technical evaluation to evaluate the magnitude and pace of an asset’s worth modifications.
The RSI oscillator usually analyzes whether or not a crypto asset (Bitcoin, on this case) is being overbought or oversold, suggesting a potential worth or development reversal. When the relative power index rises above 70, it normally suggests an overbought market situation, with the asset’s worth prone to witness a bearish reversal. On the opposite hand, an RSI worth beneath the 30 mark signifies that the market is oversold, with the worth probably reaching a backside.
BitBull revealed that the Bitcoin weekly RSI has been in an prolonged decline prior to now three months and has solely simply damaged above the downward development line. According to the market pundit, the technical indicator is signaling additional upside for the Bitcoin worth.
As noticed within the chart above, the worth of Bitcoin went on a major rally the final time the weekly RSI broke out of a downward development. This breakout final occurred in April 2025, previous BTC’s rally to its present all-time high of $126,080, representing an nearly 50% surge.
This time round, BitBull expects the Bitcoin price to rise to between $103,000 and $105,000 in the middle of the following three to 4 weeks. Hitting this goal would symbolize an roughly 15% rally from the present worth level.
Bitcoin Price Overview
As of this writing, the worth of BTC sits round $90,600, reflecting an nearly 1% decline prior to now 24 hours. While the premier cryptocurrency made a robust begin to the 12 months, the market has since cooled down.
The Bitcoin worth has been principally hovering across the $90,000 mark, with just a few runs above $91,000 prior to now week. According to information from TradingView, the BTC worth is up by 3% to this point in 2026.