These Bitcoin charts show how BTC price could hit $100K before October

Summary

Bitcoin’s rebound from below $60,000 has revived a bullish reversal case. A three-day double-bottom is forming around the $60,000 support zone, with the neckline near $81,000. If BTC holds above support and breaks that neckline, the pattern points to a move toward about $108,000 by August or September. Weekly RSI also shows bullish divergence: price made a lower low while momentum made a higher low, echoing conditions seen near the 2022 bear-market bottom. Still, confirmation is needed, with major resistance at the 20-week EMA near $74,500 and the 50-week EMA around $82,500. Near term, BTC faces a bear-flag setup around $66,700; rejection could send it back toward $63,600, and a breakdown below that could target roughly $53,850. Elevated whale inflows to Binance suggest large holders have been selling more aggressively during the pullback.