Bitcoin Price Outlook: Analysts See Breakout Potential as Coinbase CEO Backs Crypto Bill

Jakarta, Pintu News – On September 21, 2025, Bitcoin (BTC) price briefly hovered around $116,113, showing a stable performance with the market still holding above the crucial level.

In recent months, BTC’s movements have been characterized by a series of rejections and retests – patterns that have previously often been the start of strong rallies.

Current conditions suggest that Bitcoin could potentially repeat the historical pattern for the fourth time. Although the final outcome is still open, the chart structure shows a familiar phase, which consistently encourages the continuation of the uptrend.

Bitcoin Price Action Hints at Higher Breakout Potential

Bitcoin’s price movement is again following the rhythm ofrejection andretest that often sets the stage for the next rally, as highlighted by an analyst on platform X.

Read also: Ethereum Slips to $4,300 as Investors Keep Accumulating

In the previous few cycles, rejections around $30,000, $48,000, and $93,000 were followed by retests that eventually triggered huge spikes.

Now, after breaking the $115,000 level, the price of BTC appears to be retesting in this area, similar to the pattern in previous cycles. This pattern confirms investor confidence, as every historical retest always ends with Bitcoin entering a higher price range.

According to the analyst, the current setup opens up opportunities for a move towards $140,000 if the retest manages to hold. The consistency of this pattern strengthens the long-term projection which is still bullish, signaling a continuation of the uptrend.

However, if this retest fails to sustain, the breakout could be delayed and force Bitcoin to retest lower support. Even so, the recurring historical pattern provides a strong reason to anticipate higher price levels ahead.

Coinbase CEO pushes for stronger crypto market bill

Coinbase CEO, Brian Armstrong, further fueled optimism by voicing strong confidence in the crypto market structure bill in the US. According to him, the bipartisan support in the Senate is a clear signal of a major breakthrough for the industry.

Read also: 4 Clear Signs That Altcoin Season Could Be on the Horizon in September 2025

The regulation, known as the Digital Asset Market Clarity Act, aims to provide certainty in the supervision of exchanges and tokenized assets.

Armstrong emphasized that the bill’s progress not only protects consumers, but also encourages innovation in the crypto economy. He even emphasized that he has never been more optimistic about regulatory developments.

On the other hand, Democrats in the Senate are also encouraging Republicans to establish “true collaboration” to ensure the CLARITY Act is passed. This bipartisan push confirms a broad political will to bring certainty to the crypto market.

With the draft bill gaining more support, Coinbase’s position also strengthens the long-term adoption narrative. As a result, technical and regulatory dynamics seem to complement each other in building the industry’s future prospects.

Overall, Bitcoin has again shown consistency with repeated rejection and retest patterns. The latest pattern puts BTC in a similar position to the previous phase, in line with the long-term bullish projection.

Backed by regulatory optimism from Coinbase’s leadership and a bipartisan push in the US Senate, current conditions are trending towards higher valuations. The combination of technical and political factors further strengthens the chances of an uptrend continuation.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Bitcoin Price Prediction: Analyst Highlights Breakout Patterns as Coinbase CEO Backs Crypto Structure Bill. Accessed on September 22, 2025