Bitcoin Nears Breakout Zone as Analyst Eyes Push Toward New Highs

Bitcoin could be on the verge of entering uncharted territory, according to a market analyst known for accurately predicting the pre-halving pullback last year.

The analyst, known as Rekt Capital, that the world’s leading cryptocurrency is closing in on a critical resistance level near $105,000. A confirmed weekly close above that threshold, he argues, could set off the next major uptrend and lead BTC into price discovery—a phase when an asset moves beyond its previous all-time highs.

While momentum remains strong, the resistance zone has yet to break cleanly. Rekt Capital cautions that Bitcoin may need to revisit support levels below the six-figure mark to build the foundation for a sustained rally.

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He points to the $97,000 area as a potential retest zone, particularly if BTC fails to clear $104,500 in the near term. A successful bounce from that level, turning it into confirmed support, could mirror Bitcoin’s behavior during previous post-halving phases and trigger a renewed upward trajectory.

The next few weekly closes may prove decisive as bulls attempt to push Bitcoin into its next cycle of growth.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.