Bitcoin Surge: Price Could Hit $140K

Bitcoin Price Could Surge to $140,000, Analyst Predicts

• Bitcoin’s price action suggests a potential rise to $130,000–$140,000.
• A break above $95,000 or a bounce from $72,895 could trigger this surge.
• Elliott Wave analysis identifies key support near $72,895 and resistance at $95,000.
• Fibonacci targets include $114,693 for wave (3) and up to $150,000 for wave c(3).
• Current Bitcoin price stands at $90,053.

The analysis highlights that breaking above the $95,000 resistance or rebounding from the support at $72,895 could propel Bitcoin toward the target range of $130,000–$140,000. At present, Bitcoin trades at approximately $90,053.