Bitcoin (BTC) ended 2025 in the red, trading below $90,000 after months of consistent decline. However, despite its poor performance in Q4 last year, a crypto analyst has projected four new upside targets for BTC in 2026. The analyst has highlighted an emerging technical pattern and key resistance levels that traders and investors should closely monitor.
Bitcoin Expected To Revisit $90,000 Levels In 2026
Market technician Jonathan Carter has shared four new price targets for Bitcoin this year, taking on a bullish stance despite the broader market downtrend and ongoing volatility. The analyst first highlighted a technical structure on BTC’s 8-hour chart that suggests a major price move is coming.
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According to his chart analysis, Bitcoin has been forming a symmetrical triangle since December last year and is now approaching a critical decision point as the pattern nears its apex. Notably, this triangle structure has often preceded aggressive directional moves, suggesting that the market may be gearing up for bullish turnover.
For his first bullish target, the analyst expects Bitcoin to surge to $94,000, viewing this area as an initial reaction level following a complete breakout above the $80,000 region. Notably, the chart shows that the $94,000 target was a previous consolidation and minor rejection point during earlier market phases. A move into this area would signal that buyers are successfully pushing prices beyond short-term resistance.
Closely following that level is the $97,500 target. The chart indicates that this region previously acted as a pivot where the price struggled to maintain momentum. If Bitcoin holds above $97,000, it could also indicate strengthening bullish control and increase the probability of continuation.
Carter’s chart shows that both buyers and sellers have been active, but neither side has maintained dominance, resulting in narrower price swings. This balance suggests that the market is consolidating and may be waiting for a trigger to resolve the structure.
Although BTC continues to trade around $88,000, Carter believes the cryptocurrency’s broader structure favors an upside continuation. However, he notes that a confirmation is required before the market can break out and recover from the downtrend.
Analyst Sets BTC’s Next Two Targets Above $100,000
For his final two targets, Carter has forecasted a move above the $100,000 psychological level. If Bitcoin successfully clears the triangle resistance, the next major objective is the $100,500 level. Beyond that, the analyst has forecasted a final upside target of around $106,000, representing a roughly 19% surge from current levels.
Carter has also marked $106,000 as a sell zone, suggesting that a move into this region would likely attract profit taking, but reaching it would confirm a strong bullish expansion from the triangle pattern. Notably, a clearly marked support zone sits near the lower boundary of the triangle around the $80,000 range. This area has been tested multiple times and continues to hold, reinforcing the validity of Bitcoin’s structure.
Featured image from Getty Images, chart from Tradingview.com
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