Bitcoin (BTC) Price Prediction: Analyst Sees BTC at $140,000–$200,000 by Year-End if Price Reclaims Key Support

Bitcoin (BTC) is at a critical crossroads, with traders and analysts eyeing key support levels that could dictate a potential surge toward $200,000 by year-end.

The Bitcoin price today stands at $109,180, hovering just below the crucial $110,985 threshold. Analysts warn that reclaiming and holding this level is essential for sustaining bullish momentum, with projections suggesting that BTC could climb between $140,000 and $200,000 if market conditions align.

Market Overview: Key Support Shapes BTC Outlook

Crypto analyst @Manofbitcoin on X emphasizes the importance of the $110,985 support. A break above $112,000 could confirm the bullish case, while a drop below $110,000 might trigger a deeper correction, the analyst noted.

BTC must hold above $110,985 to sustain an upward trend. Source: @Manofbitcoin via X

Recent TradingView charts show Bitcoin testing short-term support near $107,200 before rebounding to $109,180. The 50-day Exponential Moving Average (EMA) around $110,000 and the 200-day EMA near $104,000 provide additional technical reference points. Analysts warn that failure to maintain these levels could open the door to a deeper pullback, whereas reclaiming $110,985 could restore bullish momentum.

Resistance clusters lie at $110.8K, $111.2K, and $111.5K, where selling pressure could re-emerge. On the downside, support levels at $108,600, $107,200, and $106,500 define the near-term risk zones for traders.

Trend and News Factors: Macroeconomic and Market Catalysts

The upcoming Federal Open Market Committee (FOMC) meeting is expected to announce a 50 basis point rate cut, which historically has been positive for risk assets like Bitcoin. “Lower rates make Bitcoin more attractive as an investment and an inflation hedge,” said Steve Azoury, financial expert at Azoury Financial.

BTC’s on-chain metrics indicate rising tension, with the adjusted cyclical extremum index at 8.8%, signaling entry into a compression zone. Source: @Solix_Trade via X

In addition, Bitcoin halving 2025 continues to be a focal point for the market. On-chain metrics, including the Network Value to Transactions (NVT) and Market Value to Realized Value, remain below cycle-top thresholds, indicating the market is not yet overheated. Long-term holders continue accumulating BTC, while exchange reserves decline, reflecting reduced selling pressure and sustained confidence in the asset.

Technicals and On-Chain Metrics Support Bullish Outlook

Miner reserves remain steady at 1.805 million BTC, contrasting with past cycles where heavy selling from miners coincided with market peaks. Short-term technicals indicate higher lows forming, suggesting buyer absorption despite the recent correction.

Bitcoin (BTC) is trading at around $109,180, up 0.66% in the last 24 hours at press time. Source: Bitcoin Price via Brave New Coin

Analysts note that the RSI curve is indicating oversold levels, which adds to the likelihood of a rally if support levels are maintained.

Looking Ahead: BTC’s Next Move Hinges on Support

At the present price of $109,180 per Bitcoin, the cryptocurrency is at a crossroads. Analysts suggest monitoring the $110,985 support and near-term resistance at $111.5K closely. Reclaiming these levels may lay the groundwork for a surge to $140,000–$200,000 by the year-end on the back of macroeconomic tailwinds, halving expectations, and strong on-chain conditions.

It is advisable that the investors combine technical analysis with real-time market news to ride out volatility while having a long-term bullish position.