Bitcoin could hit $105,000 within weeks as a key leading indicator stays bullish according to the latest market analysis. The Relative Strength Index (RSI) analysis across multiple timeframes shows a significant recovery while the price consolidates.
According to trader BitBull, the weekly RSI breakout that occurred in December continues to hold firmly today. Bitcoin technical indicators point to an upward momentum that could materialize very soon. Therefore, the market observes a favorable price structure for the continuation of the bull cycle. Likewise, this technical signal has historically served to predict large-scale movements.
The RSI downtrend, which began in September, was broken before the 2025 annual close. This trend shift suggests that seller exhaustion is coming to an end. The weekly RSI has broken a three-month resistance and remains above the breakout line.
In this way, analysts project an ambitious price target of between $103,000 and $105,000. However, some traders remain cautious about the possibility of new local lows. For this reason, the $90,000 zone has become a vital psychological and technical support.
James Easton, host of the DeCRYPTion podcast, noted that the RSI on the two-week chart is at minimum levels. These values are even lower than those recorded during the bear market of late 2022. The indicator has just flipped to a bullish stance on long-term timeframes.
Consequently, buying pressure is starting to exceed the supply available on major exchanges. On the other hand, in lower timeframes such as the four-hour chart, a hidden bullish divergence is observed. This technical signal reinforces the idea that current support is extremely solid and resilient.
Will Bitcoin overcome the selling pressure at $91,500 to start the rally?
Despite the positive signals, there is persistent resistance near $91,500 managed by passive sellers. According to trader Skew, the buying pressure during the US session has been constant and notable. Institutional buyers are strategically absorbing the available supply at current levels.
In this way, the battle for price control intensifies in this consolidation range. Therefore, a definitive breakout above this barrier would trigger the projections of the Bitcoin technical indicators. It is also essential to monitor the behavior of orders in the Binance order books.
Leading cryptocurrencies often experience these periods of sideways movement before seeking new all-time highs. Although some bearish traders foresee a drop toward $75,000, the RSI signals contradict that scenario. The market is attempting to cement a stable support base for the next major directional move.
Hence, investors’ patience will be key during the next three to four weeks of trading. Undoubtedly, the current technical setup is one of the most promising in recent months. Likewise, the influx of fresh capital from the United States continues to drive the digital asset’s resilience.
