Bitcoin NewsBinance SquareNews

Bitcoin Surge to $135K Gains Momentum

Bitcoin is showing strong momentum after a key retest, signaling a possible surge to $135,000+ as bullish energy returns to the market.

  • Bitcoin bounces sharply after retesting key support
  • Market sentiment shifts bullish amid strong buying pressure
  • Analysts see potential for a surge past $135,000

Bitcoin has once again surprised the market with a massive price move following a key support retest. After dipping and retesting lower levels, $BTC bounced hard, triggering renewed optimism among traders and analysts. This strong rebound signals that the bulls are regaining control — and a run to $135,000 might be closer than many expected.

The retest of support is a common technical pattern that confirms market strength. When prices hold above previous lows and bounce upward, it often signals a continuation of the broader uptrend. In this case, Bitcoin’s sharp movement has added credibility to bullish predictions.

$135K Target Is on the Table

Several analysts now believe that the Bitcoin surge to $135,000 is no longer a wild bet. With strong institutional demand, growing spot ETF interest, and reduced supply due to the recent halving, Bitcoin’s fundamentals are aligning with this bullish scenario.

Market momentum and sentiment are showing signs of acceleration. The recent bounce could be the start of a larger parabolic move, similar to past cycles. If Bitcoin continues to hold above key support zones, the path toward $135K could play out quicker than expected.

Traders Watch for Confirmation

Despite the excitement, traders are watching closely for confirmation before going all in. A breakout above local resistance and continued volume support will be key to maintaining this upward trend. However, the current signs are encouraging — the market is sending bullish signals, and confidence is building.

As always, while the potential for gains is massive, so is the risk. Proper risk management and awareness of market volatility remain essential.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Back to top button