From a technical point of view, Bitcoin price prediction charts show a rising wedge pattern, which often means a short-term pause or slight drop may occur before prices go higher. Experts have identified support levels between $115,000 and $116,000, meaning buyers are likely to enter the market at those prices. On the upside, Bitcoin faces resistance around $120,000 to $122,000, which could act as a barrier unless strong buying continues.
Analysts have mixed views on the next move. Some believe a temporary drop to around $110,000 is healthy before the price rises again. Others think Bitcoin price can go as high as $130,000 or more in the next few weeks.
