Bitcoin Forecast Expert Targets $105,000: The Timeline Has Been Set

After a relatively positive start to the new year, Bitcoin (BTC) is showing signals that a strong rally is imminent. According to an analysis from a renowned market analyst, the world’s largest cryptocurrency has the potential to return to six-figure levels within the next few weeks, as an important technical indicator officially signals a “bullish” trend. Bitcoin Could Reach $105,000 in the Next 3–4 Weeks? In a post on January 9th on platform X, anonymous crypto analyst BitBull shared a very optimistic outlook on Bitcoin’s short-term price prospects. According to BitBull, BTC could rebound to the $103,000 – $105,000 range within just 3 to 4 weeks if technical signals continue to support this trend. The basis for this forecast comes from the Relative Strength Index (RSI) on Bitcoin’s weekly chart — a familiar momentum indicator in technical analysis, used to measure the speed and strength of price movements. Weekly RSI Reversal — Notable Bullish Signal RSI is commonly used to identify overbought (overbought) or oversold (oversold) conditions of an asset: RSI > 70: the market may be overheated, prone to correction RSI < 30: the market is oversold, with potential for a bottom and reversal upward According to BitBull, Bitcoin’s weekly RSI has been steadily declining for over three months, forming a clear downtrend. Notably, the RSI has just officially broken above this downtrend line, a technical signal often indicating that bullish momentum is returning. The analyst emphasizes that the last time Bitcoin’s weekly RSI broke out in a similar manner was in April 2025. Shortly afterward, BTC entered a very strong rally, gaining nearly 50% and setting a new all-time high at $126,080. Does History Repeat Itself? Based on this precedent, BitBull believes that a similar scenario could repeat itself, although the magnitude of the rally might be more modest this time. He forecasts that Bitcoin could increase by about 15% from its current level, reaching the $103,000 – $105,000 range within a few weeks. If this happens, BTC will officially reclaim the six-figure mark, reinforcing positive market sentiment at the start of the year. Current Bitcoin Price Overview At the time of writing, Bitcoin is trading around $90,600, down slightly by nearly 1% over the past 24 hours. After the early-year rally, the market has entered a cooling and consolidation phase, with BTC mainly fluctuating around the $90,000 level. Over the past week, Bitcoin has only briefly crossed above $91,000 a few times before reversing. According to TradingView data, BTC’s price has increased about 3% since the beginning of 2026. Conclusion Although the short-term market remains volatile, the weekly RSI breaking out of its downtrend is a very noteworthy technical signal. If history repeats itself, Bitcoin has every reason to enter a new rally within the next 3–4 weeks, with an immediate target of $105,000. However, investors should closely monitor price reactions around the $94,000 – $96,000 zone, which is considered a key resistance level before BTC can break out more strongly.