If US market forces prove dominant, Ted Pillows expects Bitcoin to reach a market peak in Q1 or Q2 2026, indicating the potential for higher price targets despite recent price drops.
If market bulls successfully overcome this barrier, further analysis suggests a potential rise to $117,000. Alternatively, another retest of $109,000 could result in a decisive break below this support level, pushing prices as low as $101,000. At the time of writing, Bitcoin exchanges hands at $109,420, reflecting a decline of 0.25% in the past day.
