Analyst sees Bitcoin rising from $70,000 to $110,000 in 60 days
Bitcoin is holding near $70,000 as a trader calls for a run to $110,000 within 60 days. Macro rotation and technicals back the case.
The 60‑day target came from ₿ariksis, who outlined a move from $70,000 to $110,000 if current conditions persist on X. A macro backdrop may be aligning, with risk gauges turning less bearish per NewsBTC and spot price action hovering around $70,000 per Bitcoinist.
His view leans on rotation. Gold and silver have pushed to new highs in recent months per Santiment coverage, while Bitcoin has lagged per NewsBTC. Oil jumped above $100 on US–Iran tensions per Bitcoinist. A 70k→110k move implies roughly 57% in 60 days, a size Bitcoin has printed before when momentum and liquidity align per ₿ariksis.
BitMEX co‑founder Arthur Hayes highlighted relative strength since February 28. His normalized chart shows Bitcoin up about 7%, while gold fell ~2% and the Nasdaq 100 slipped ~0.5% on X. “Relative to similar type large risky assets, $BTC did the best when viewed against oil and gas energy price spikes,” he wrote here.
Institutional demand held up. Strategy disclosed a purchase of 17,994 BTC for about $1.28 billion, taking total holdings to 738,731 BTC per filing coverage.
Technicals add a second layer. Price is testing a rising diagonal support linking major cycle lows in 2018, 2020, 2022, and now 2026, with the latest touch near the mid‑$60,000s per Vivek San. The last comparable setup preceded a 450% rally, his chart notes. His projection maps a return above $100,000 and a possible extension toward $240,000 into 2027 on X.
