Bitcoin Marks 114 Weeks In Active Buy Signal On The SuperTrend Weekly, But Things Could Turn Bad If This Happens

Source Newsbtc

Crypto analyst Tony Severino has provided an update on the Bitcoin price action. The flagship crypto is now eyeing a bullish reversal, but the analyst warned of how things could still go wrong for BTC and mark the end of the bull run. 

Bitcoin Marks 114 Weeks In Active Buy Signal

In an X post, Severino revealed that Bitcoin is still in an active buy signal on the SuperTrend weekly. He added that BTC has been in this buy signal for 114 weeks and roughly 800 days. This is undoubtedly a huge positive for the flagship crypto, especially as it looks to reclaim the psychological $90,000 level and rally to new highs. 

However, the crypto analyst warned that a sell signal would be a strong sign that the bull run has ended. His accompanying chart showed that the sell signal could send BTC into a Supertrend DownTrend, with the flagship crypto dropping to as low as $22,000 in what could mark the peak of the bear market.

Bitcoin

Crypto analyst PlanB recently affirmed that the bear market is not here yet. Instead, he believes Bitcoin is still in the middle of a sustainable uptrend and predicts that the flagship crypto’s price could double this year. This could lead to a parabolic rally to as high as $180,000 for BTC. Experts like Standard Chartered have also predicted that a rally to $200,000 this year is achievable. 

In the meantime, the focus will likely be on how the Bitcoin price reacts to Donald Trump’s reciprocal tariffs, which will go into force on April 2nd. The previous tariffs sparked a wave of sell-offs, causing BTC to drop to as low as $77,000. However, there is also the possibility that Bitcoin has priced in this development and could avoid any further downtrend when the tariffs are implemented on April 2nd. 

A New ATH This Year Is Possible 

Crypto analyst Titan of Crypto has also affirmed that Bitcoin could see a new all-time high (ATH) this year. This came as he remarked that BTC’s uptrend is intact and that the flagship crypto reacted strongly around the weekly 50-day Exponential Moving Average (EMA). His accompanying chart showed that Bitcoin could reach a new ATH of $121,000 before the year runs out. 

In another X post, he again predicted that Bitcoin could reach this target while revealing a ‘Bump and Run’ pattern which was forming for the flagship crypto. Titan of Crypto asserted that the Uphill run will be epic. A positive for BTC is that whales are actively accumulating. Crypto analyst Ali Martinez revealed that over 22,000 coins were withdrawn from exchanges in the past week. 

At the time of writing, the Bitcoin price is trading at around $87,500, up in the last 24 hours, according to data from CoinMarketCap.

Bitcoin
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
My Top 5 Stock Market Predictions for 2026Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Author  Mitrade
Jan 06, Tue
Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
placeholder
Bitcoin shows strong correlation with institutional demand following 7% uptickBitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
Author  FXStreet
Yesterday 01: 37
Bitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.
placeholder
Silver Price Forecast: XAG/USD corrects to near $86.50 as Iran stops killing protestersSilver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
Author  FXStreet
20 hours ago
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
placeholder
Standard Chartered lifts Ethereum call to $7,500, arguing institutional demand could leave Bitcoin trailingStandard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Author  Mitrade
19 hours ago
Standard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
placeholder
Bitcoin Hits $97K Despite Elevated PPI and Lack of US Tariff DecisionDespite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
Author  Mitrade
16 hours ago
Despite higher-than-expected Producer Price Index (PPI) inflation data for November, Bitcoin surged to new eight-week highs, diverging from US stock markets.
goTop
quote