Bitcoin All-Time High Next?🔥Technical Analysis w/ @DataDash

Bitcoin is predicted to see a short-term price increase to $130K-$140K before a 30% pullback to $98K by year-end, with a major rally expected in 2026 for both Bitcoin and altcoins.

• Bitcoin faces short-term bullish momentum to $130K-$140K, followed by a correction to $98K by year-end.

• Ethereum is poised for new all-time highs of $6K-$7K this year, with a strong rally expected in 2026.

• Solana and Avalanche are favored altcoin picks for significant upside, with an altcoin season anticipated into 2026.

Bitcoin is poised for a short-term push to $130,000-$140,000, but a significant pullback to around $98,000 is anticipated by the end of the year, followed by a substantial rally into 2026. The market generally seems unfazed by the ongoing government shutdown, with traditional and crypto markets showing resilience. Ethereum is expected to hit $6,000-$7,000 this year before a cool down, with a strong outlook for 2026, while Solana and Avalanche are highlighted for their near-term upside potential, particularly Solana due to its transactional efficiency and potential for real-world asset tokenization.

Bitcoin Price Prediction

• 00:04:29 Bitcoin is expected to push to $130,000-$140,000 in the coming weeks, based on harmonic setups and Fibonacci expansions. However, this ascent is likely to be followed by a sizable pullback, potentially bringing Bitcoin back down to $100,000 by year-end, which represents a 30% retracement. Looking further ahead, a major rally into 2026 is anticipated, suggesting a period of volatility before significant long-term growth.

Bitcoin-Gold Correlation

• 00:06:55 Bitcoin and gold are currently showing a tight correlation, with Bitcoin expected to follow gold's path, particularly given the recent approval of a Bitcoin ETF in 2024, similar to gold's ETF in 2004. This parallel suggests Bitcoin's volatility may decrease over time, moving from 70-80% pullbacks to more moderate 30-40% or even 20-25% corrections, akin to gold's historical movements. Bitcoin is increasingly seen as a true hedge, aligning with gold's long-term trend.

Ethereum Outlook

• 00:10:46 Ethereum is predicted to break its all-time high, potentially reaching $5,000-$5,600 by year-end, with a chance to hit $6,000-$7,000 before a cool down. A 40% retracement is then expected, aligning with Bitcoin's projected pullback. The main thesis for Ethereum's bullish outlook, especially through 2026, is based on a "show me the chart and I'll tell you the news" approach, utilizing systematic Fibonacci setups that indicate a sustained upward trajectory, potentially influenced by future rate cuts and a stronger economy.

Altcoin Season & Picks

• 00:27:36 An altcoin season is predicted, though it may unfold differently than expected, likely involving an initial burst, a retest of previous resistance, and then continued upward movement into 2026. Data Dash prefers Solana and Avalanche as top picks for a new portfolio, citing Solana's transactional superiority, potential for real-world asset tokenization, and significant upside from current prices. Avalanche is also seen as having a strong setup for a substantial move, potentially reaching $54 and then $100 within the next year, while Aptos is mentioned as a higher-risk opportunity.