Bitcoin (BTC) is currently trading in the $100,000 to $110,000 range, with its weekly Relative Strength Index (RSI) steadily climbing toward the upper boundary of its long-term trend channel. This technical development has reignited market speculation about a potential bullish breakout, with some analysts suggesting that Bitcoin could be on track for a new all-time high (ATH) near $140,000.
The rising momentum in the weekly RSI indicates strong underlying market structure and sustained buying pressure. As Bitcoin consolidates within this critical price zone, traders and investors are closely watching for confirmation signals that could precede the next major leg upward.
Understanding the Weekly RSI Signal
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements on a scale from 0 to 100. Typically, an RSI value above 70 suggests overbought conditions, while readings below 30 indicate oversold levels. However, in strong trending markets—especially in assets like Bitcoin—extended periods above 70 can reflect persistent bullish momentum rather than an immediate reversal signal.
👉 Discover how advanced technical indicators can help predict market movements before they happen.
Currently, Bitcoin’s weekly RSI is approaching the upper trendline of a long-term channel that has historically marked significant cycle peaks. According to veteran crypto analyst Titan, BTC’s RSI rebounded from the lower end of this channel in April 2025 and has been climbing consistently since. Each time the weekly RSI has touched or neared this upper boundary in past cycles, it coincided with a major price top—often following a powerful upward surge.
This pattern suggests that if history repeats, Bitcoin may still have room to run before reaching its next peak. Based on current momentum, some projections estimate a potential new ATH around $140,000.
Strong Market Structure Supports Continued Uptrend
Titan emphasized that Bitcoin’s market structure remains robust, characterized by a series of higher highs and higher lows on the weekly chart. This formation is a classic hallmark of a healthy bull market. Despite short-term volatility, the broader trend continues to favor buyers.
At the time of writing, Bitcoin was trading at $106,665, down 1% over the past 24 hours. While this pullback may reflect profit-taking or temporary bearish sentiment, it does not undermine the overall strength of the uptrend. In fact, such consolidations are common during mid-cycle phases and often serve to absorb supply before the next breakout.
Monthly Chart Confirms Bullish Outlook
Beyond the weekly timeframe, the monthly Bitcoin chart also presents a compelling bullish case. Analyst Rekt Capital highlighted that BTC has "fully confirmed" its breakout from a key monthly resistance zone. This type of structural shift often precedes extended price appreciation.
Rekt Capital noted:
“Now is the time to accumulate during sideways volume phases to support trend continuation. Until that volume emerges, retesting the previous high within the blue range could help gather additional buy-side liquidity to fuel the next leg up.”
This strategy aligns with institutional accumulation patterns seen in prior cycles—where price stabilizes near resistance levels while demand builds quietly before a decisive move higher.
Key Technical Patterns and Sentiment Indicators
Another influential analyst, Jelle, pointed to bullish formations on Bitcoin’s chart, including a potential breakout from a symmetrical triangle pattern and strong candlestick signals. These setups often precede significant directional moves, especially when accompanied by increasing volume.
Additionally, Jelle highlighted the importance of negative funding rates in the derivatives market. A negative funding rate means short-positioned traders are paying long-positioned traders—a sign of bearish sentiment among leveraged traders.
While counterintuitive, this can be bullish for Bitcoin’s price outlook. When many traders are short and funding rates are negative, even modest buying pressure can trigger a short squeeze, leading to rapid upward price movement as shorts rush to cover their positions.
Core Keywords and Market Sentiment
The key themes emerging from current analysis include:
- Bitcoin weekly RSI
- BTC bull run 2025
- Bitcoin price prediction
- RSI upper band breakout
- BTC all-time high
- Bitcoin market structure
- Crypto technical analysis
- Bitcoin accumulation phase
These keywords reflect strong search intent around Bitcoin’s future trajectory and are naturally integrated into ongoing discussions among analysts and traders.
👉 Learn how to identify breakout signals using real-time data and advanced charting tools.
FAQ: Addressing Common Investor Questions
Q: What does it mean when Bitcoin’s weekly RSI reaches the upper band?
A: Historically, when Bitcoin’s weekly RSI approaches the upper trendline, it has often signaled the final phase of a bull run—either leading to a new all-time high or marking a potential top. It reflects strong momentum but also warrants caution as overbought conditions increase.
Q: Can Bitcoin really reach $140,000?
A: While no price target is guaranteed, historical patterns combined with current market structure make $140,000 a plausible target. Factors like institutional adoption, macroeconomic conditions, and on-chain metrics will play crucial roles in determining whether this level is achieved.
Q: What is a short squeeze and how could it affect BTC?
A: A short squeeze occurs when rapidly rising prices force traders who bet on declines (shorts) to buy back their positions at a loss. With negative funding rates indicating widespread short positions, even moderate bullish momentum could trigger such a squeeze in Bitcoin’s futures market.
Q: Should I sell if BTC approaches $110,000?
A: Not necessarily. While $110,000 is a psychological resistance level, previous highs have often become support after being broken. Traders should assess volume, momentum indicators, and broader market context before making decisions.
Q: How reliable are RSI-based predictions?
A: RSI is most effective when used alongside other technical tools and structural analysis. On higher timeframes like weekly or monthly charts, RSI trends tend to carry more weight than short-term fluctuations.
Q: Is now a good time to buy Bitcoin?
A: For long-term investors, periods of consolidation near key levels often present strategic entry opportunities. Dollar-cost averaging (DCA) can help mitigate timing risks while participating in potential upside.
Final Thoughts: Caution Amid Optimism
While the technical setup remains constructive for Bitcoin, investors should remain mindful of "bull market fatigue"—a phenomenon where prolonged rallies lead to complacency and sudden corrections. The 1% drop to $106,665 reflects normal market dynamics but serves as a reminder that volatility is inherent in crypto markets.
👉 Start your journey with secure trading tools and deep market insights today.
With multiple analysts confirming bullish structures across weekly and monthly timeframes—and momentum building in key indicators like the RSI—the path toward a new all-time high appears increasingly viable. Whether Bitcoin reaches $140,000 or encounters resistance earlier will depend on macro trends, on-chain activity, and global investor sentiment in the coming months.
For now, the data suggests that the bull run isn’t over—it may just be entering its final act.