- Ali Charts, or Ali Martinez, has pointed out a local top of around $94k.
- BTC price is expected to surge by 13.68% in the next 3 months.
- New factors are likely to affect BTC in the short-term.
A crypto analyst has underlined two critical points for BTC – local bottom and local top. This comes after the flagship token plunged to around $90k, losing the earlier momentum wherein it was hovering around $92k on a 24-hour chart. BTC price is still estimated to reclaim the milestone and possibly mark a new ATH by the end of 2026.
BTC Price Locals
Ali Martinez, also known as Ali Charts on X, has highlighted local bottom and local top points for BTC. The notable crypto analyst has emphasized that BTC price could be forming a local bottom at around $90,056, adding that the local top was approximately $94,000.
After timing a local top near $94,000, the TD Sequential is now flashing a buy signal for Bitcoin $BTC, suggesting a local bottom may be forming. pic.twitter.com/XE3lj9U9qf
— Ali Charts (@alicharts) January 8, 2026
He has also said in the post that the TD Sequential was flashing a buy signal for Bitcoin tokens. The community has responded to this with some saying that the token was finally ready to bounce, while others hinted that they would accumulate at around $88k.
Factors Influencing BTC Price
The crypto market is dynamic and volatile as multiple factors are known to influence price movements at any given moment. Recent incidents to grab everyone’s attention include a possibly 500% tariff on countries that are buying Russian energy products including its oil. This has triggered concerns around inflation, which slipped for the first time since April 2025.
The seizure of a Russian-flagged tanker by the US has also caused worry about global tensions. Prices of Bitcoin tokens, Ethereum tokens, and others slipped when reports broke out. Even the market cap declined by 1.93% to around $3.12 trillion at that moment.
Will BTC Reverse?
Crypto enthusiasts are bullish that bitcoin will eventually reverse the ongoing downtrend. BTC price prediction estimates the token to go as high as $102,578 for a growth of 13.68% in the next 3 months. This is despite the FGI rating of 28 points.
BTC last noted an ATH of $126,198.07 on October 07, 2025. It has shed almost 28.54% of its value since then. However, it is forecasted to not just reclaim the milestone, but also record a new ATH by the end of 2026. Simultaneously, it is important for the Spot Bitcoin ETF to break the streak of outflows to instill confidence among investors.
Needless to say, it is advised to research and assess risk before investing in BTC, or any other cryptocurrency for that matter.
Highlighted Crypto News Today:
U.S. Spot XRP ETFs Record First-Ever Outflows as XRP Price Drops
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin and Stocks Need to Confirm First: The Real Altcoin Recovery Timeline
The current crypto market continues to struggle without a clear altseason, as Bitcoin remains in a sideways trend. Analysts suggest that until Bitcoin shows a confirmed bullish structure and macroeconomic conditions improve, altcoins will likely remain stagnant. Speculation points to potential recovery in Q3 to Q4 rather than the earlier hoped-for timeline.
CaptainAltcoin14m ago
Bitcoin Decouples From S&P 500 as Retail Demand Weakens
Bitcoin retail activity has decreased by 10%, the lowest since January 2025, indicating weaker market participation. The advent of ETFs has shifted retail access off-chain, while Bitcoin has diverged from the S&P 500, marking its longest decoupling since 2020 amid a correction phase.
CryptoFrontNews28m ago
XRP stuck below $1.60 despite individual wallets hitting 5.66 million peak - Why?
Investor interest in Ripple (XRP) is recovering, primarily driven by retail investors, with a rise in wallets holding under 100 XRP. Meanwhile, whale activity is cautiously returning, indicating improved market sentiment but the potential for further price declines remains.
TapChiBitcoin3h ago
BTC Up 0.51% in 15 Minutes: Whale Position Reallocation and Exchange Outflow Resonance Drive Gains
March 22, 2026, 12:15 to 12:30 (UTC): BTC price fluctuated between 68313.3 and 68758.0 USDT, with the 15-minute candlestick recording a return of +0.51%, amplitude reaching 0.65%, and short-term trading volume remaining at relatively low levels. Market attention rebounded, driving increased intraday volatility.
The primary driver of this movement is whale funds experiencing simultaneous high net inflows and outflows on trading platforms. On-chain data shows that certain whales holding positions for 6 to 18 months are choosing to transfer BTC back to exchanges for distribution.
GateNews3h ago
