Bitcoin Trendline Dey Show $125K–$140K Peak, Analyst Talk
For August 23, 2025, one X user named CollinTCrypto share technical chart wey show trendline wey align wit three Bitcoin market cycles. Di analyst talk say if Bitcoin top form later dis year and e respect dis line, e fit get peak around $125,000 to $130,000. E still talk say Bitcoin fit break dis resistance and reach top near $140,000, and use di trendline as future support. Currently, Bitcoin dey trade for about $116,994, e don drop over 2.6% for seven days but e still dey above di $110,000 support level. Traders suppose watch whether BTC go keep momentum or e fit try test lower lows again. Dis discussion show how technical analysis and trendline studies dey important to predict bull market peaks and manage trading strategies.
Bullish
CollinTCrypto trendline analysis dey show say e still get bullish bias, as e mean say Bitcoin fit break pass di established resistance go reach new highs between $125,000 and $140,000. Even tho e pull back small by 2.6% for di last week, BTC still dey above di critical $110,000 support level, wey show say di market strong. Historically, when dem break long-term trendlines—from 2019 build-up before di 2020–2021 rally till mid-2023 testing new highs—e dey signal strong upward momentum and bring investors back. Traders fit see trendline breakout as buy signal, wey go boost short-term trade volume and make di bull market bigger. For long-term, if e pass di expected peak, e fit set higher support levels and make people trust say Bitcoin go continue to rise.