Bitcoin price prediction: Bitcoin is currently retesting $116K and, if this support holds, technical patterns plus regulatory progress could propel BTC toward $140K within the next market cycle. Positive momentum is reinforced by institutional sentiment and bipartisan regulatory clarity.
Bitcoin retest at $116K signals potential breakout to $140K if support holds.
Regulatory clarity—highlighted by Coinbase CEO Brian Armstrong—adds institutional confidence.
Repeated resistance flips historically preceded major rallies (examples: $30K, $48K, $93K).
Bitcoin price prediction: Bitcoin retest at $116K could lead to $140K; read market signals and regulatory updates. Stay informed with COINOTAG insights.
Bitcoin continues to show steady performance with a potential breakout toward $140K, fueled by consistent market patterns and regulatory support.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
- Bitcoin’s current retest at $116K signals a strong potential for upward movement toward $140K.
- Coinbase’s CEO boosts market optimism by supporting the Digital Asset Market Clarity Act in the U.S. Senate.
- The combination of technical patterns and regulatory advancements strengthens Bitcoin’s long-term price forecast.
Bitcoin’s price remains steady at $116,113, continuing its resilient performance as it holds above crucial support levels. In recent months, Bitcoin’s price movement has followed a familiar pattern of rejections and subsequent retests. Historically, these setups often precede significant rallies, and the present retest at $116K is the latest example.
BTC has experienced rejections followed by retests that preceded strong rallies to prior targets such as $30K, $48K, and $93K. As Bitcoin trades near the $115K–$116K zone, the setup mirrors previous resistance flips that led to extended upside. If this retest holds, market structure and growing investor confidence support a near-term Bitcoin price prediction of a move toward $140K.
What is driving the Bitcoin $116K retest and the $140K forecast?
The current Bitcoin price prediction centers on repeated resistance flips and a pattern of rejections followed by successful retests. Bitcoin price prediction relies on technicals—support at $116K, volume confirmation, and trend continuation—augmented by regulatory progress that improves institutional participation.
How does regulatory momentum affect Bitcoin price outlook?
Regulatory clarity reduces uncertainty and increases capital inflows. Coinbase CEO Brian Armstrong publicly supported the Digital Asset Market Clarity Act, noting bipartisan movement in the U.S. Senate. Statements like these boost institutional sentiment and may lower perceived regulatory risk, which historically correlates with higher BTC allocation from large investors.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Regulatory transparency aims to protect consumers and foster innovation. Comments from industry leaders and bipartisan legislative signals are being interpreted by markets as supportive, helping to reinforce the bullish technical outlook for Bitcoin.
Investor sentiment is improving as technical setups align with political progress. The repeated pattern of rejections and successful retests increases the probability of continuation moves. Combined with renewed institutional interest and clearer regulatory frameworks, these factors support a constructive Bitcoin price prediction and a plausible path toward $140K.
Traders should watch momentum indicators, volume on retest, and risk-management levels. A clean hold above $116K with rising volume favors continuation; a decisive breakdown would invalidate the immediate $140K scenario. Use graded position sizing and stop-risks aligned to defined support zones.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();
Source: https://en.coinotag.com/bitcoin-may-target-140k-amid-116k-retest-and-growing-regulatory-support/