Bitcoin (BTC) Ready to Break $90,000? Top Analyst Reveals Strong Bullish Signal After Big Breakout

Jakarta, Pintu News – Bitcoin (BTC) is back in the spotlight in the digital asset world after breaking through a resistance level that had long restricted its movement. This latest price surge has sparked renewed optimism among analysts and market participants, with some very ambitious price predictions starting to emerge.

One of the most vocal analysts, Will Meade (@thechartdr), mentioned that Bitcoin (BTC) is experiencing a “textbook” technical breakout and could potentially take the price towards $90,000. This phenomenon marks a new chapter in Bitcoin’s (BTC) journey as the world’s leading crypto asset.

Bitcoin (BTC) Breakout and Strong Technical Signals

During February to early March 2026, Bitcoin (BTC) was stuck in a very clear horizontal movement pattern. The price moved in a horizontal range between $63,000 as support and $72,800 as resistance which was difficult to break. During this period, Bitcoin (BTC) formed a “higher lows” pattern several times, signaling that buying pressure was slowly increasing.

However, every time the price tried to break the $74,100 level, there was a rejection that raised concerns among short-term traders. The situation changed drastically when Bitcoin (BTC) finally managed to break the upper limit of the channel. This breakout was considered a very strong technical signal, especially since it was supported by significantly increased transaction volumes.

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Many analysts believe that this breakout is not just a one-off move, but the beginning of a new, longer bullish trend. The successful breakout of major resistance also indicates that selling pressure is starting to weaken and the potential for price increases is wide open.

Bullish Momentum and the Role of Moving Averages

Currently, Bitcoin (BTC) is trading at around $74,290 after successfully surpassing its 50-day Exponential Moving Average (EMA 50) at $72,847. The EMA 50 is often considered an important indicator to measure the strength of medium-term momentum in crypto assets. A price close above the 50 EMA line is usually a confirmation that a bullish trend is underway and the potential for further gains is great.

This further strengthens analysts’ belief that Bitcoin (BTC) is ready to continue its rally to higher levels. Will Meade himself set a price target of $90,000 based on the “measured move” method of the previous consolidation pattern. In technical analysis, when an asset successfully breaks out of a channel, the height of the channel is projected upwards from the breakout point.

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With a consolidation range of around $10,000 between $63,000 to $73,000, the initial target is in the $83,000 range. However, psychological factors and market momentum are believed to be able to push Bitcoin (BTC) price towards the $90,000 to $94,000 zone, where the 200-day Moving Average (200 MA) is currently located.

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*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. Crypto trading activities are subject to 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:

• U.Today. Bitcoin to $90,000? Top Analyst Outlines Bullish Case Following Recent Breakout. Accessed on March 21, 2026
• Featured Image: Generated by AI